Dayton OH May 2023 Housing Market

When people find out I’m a Realtor the question often arises, “How’s the market?” We always hear about state or national housing stats on the news and radio but what about our local Dayton, OH market? That’s what matters to those of us who live and work in the Dayton area.  The Dayton Board of Realtors publishes those statistics for us monthly.  

New listings to the market are down 26.60% over May of 2022. That’s a lot!  What does that do to sales?  It pushed them down 13.92 % simply because there are fewer places to buy.  Median price jumped 2.27% due to the supply shortage. A lot of sellers are afraid to put their homes on the market for fear they won’t be able to find a replacement. This contributes to the short supply.

So, it’s a great Seller’s Market but tough to navigate if you are a buyer. As a buyer there are things you can do to make your offer stand out. I know the best options to get your offer accepted. Just reach out to start the conversation.