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April Market Update
A Look at the Trends Shaping Our Region
As the real estate market shifts toward the spring season, the Miami Valley is seeing steady activity with buyers and sellers preparing for their next moves. Whether you’re considering listing your home or exploring new opportunities, staying informed about current trends can help you make the best decisions!
DAYTON
Dayton’s housing market continued to heat up in March, showing steady gains across the board. 1,142 homes sold, representing a 16.77% increase in activity compared to February. The average sales price edged up slightly to $273,626, a 0.78% rise over the previous month. Homes also sold a bit faster, with the average days on market dropping from 79 to 73.
CINCINNATI
Cincinnati saw a strong March performance, with notable gains in both pricing and pace. 1,489 properties changed hands, up 24.60% from February. The average sales price jumped to $354,001, a healthy 4.14% increase. Homes sold significantly faster, too—just 33 days on average, down from 62 days the month prior.
SPRINGFIELD
In Springfield, March brought a modest but positive shift in the market. 335 homes sold, a 2.13% increase from February. The average home value rose to $244,284, up 6.69%, offering a solid boost for sellers. The average time on market dropped slightly, from 84 days to 81 days, showing a small but welcome uptick in activity.
As the market continues to shift, staying informed on these trends can help buyers and sellers make confident real estate decisions. If you’re planning a move or simply keeping an eye on the market, now is a great time to explore your options!
