As June arrives with its warm, sunny days, the real estate market is heating up with fresh opportunities. This month marks another exciting phase as we observe emerging trends and opportunities within the 2024 real estate landscape. Building on the positive momentum from earlier this year, we’re now seeing a full return to familiar market patterns, sparking renewed optimism for property and investment opportunities.
Sales of single-family and condominium units in Dayton for May saw an increase in prices and increase in average sales. 1,478 sales were reported, a 10% increase over the 1,349 sales reported last month.
May’s average sales price totaled $287,518, exceeding last months figure of $267,284 ,an increase of 8%. The average days on market for properties in Dayton during May were 58 days, which represents a -7 day decrease compared to 65 days in the last month.