Dayton-Kettering-Beavercreek, OH

The current market pace is characterized by inventory growth, which may offer purchasers a slightly broader selection and more time for consideration compared to the previous period. The increase in the share of price-reduced listings to 28.5% suggests some adjustments in price discipline, potentially creating more opportunities for negotiation. However, the pending ratio still points to continued absorption of inventory.

The average listing price of $293,754 is notably higher than the median listing price of $244,363, and the average listing price has seen a 3.1% year-over-year decline. This widening spread and declining average price, alongside a modest 1.2% year-over-year increase in median $/sqft, could signal some softness in higher-priced segments relative to the broader market.

2,012 active listings represent the current floor, with new supply arriving at roughly 1,084 per month.

of active listings carry a price reduction, +3.7% from prior period.

Median price per square foot has moved +1.2% year-over-year.

Pending-to-active ratio — Accelerated.