Dayton's real estate market is experiencing a price correction, with values down 13.3% from last year. Home prices have decreased 18.1% in the past month. With 4.5 months of supply, Dayton's inventory levels remain relatively tight. Sales volume is down 56% compared to seasonal expectations. A significant 27.9% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 33.3% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Dayton market with the affordability index at 176.8. Based on current market indicators, home prices in Dayton are projected to increase by approximately 6.1% over the next month.
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