State of the Market - April 2011

15,000 12,000 9,000

3,000

1,408

1,840

1,373

1,635

1,968

2,215

2,195

2,363

2,013

2,004

1,919

6,000

1,809

1,500

1,000

Active Residential Inventory

18,000 13,539

13,866

13,787

15,519

11,696

10,569

8,405

7,946

6,646

Units Sold

2,000

9,272

2,500

16,347

14,972

Residential Units (Single Family & Condo) Sold & Active Inventory April 2000-2011 Source: MLS of Greater Cincinnati, Monthly & Yearly Updates

0

2000

2001

2002 2003 2004 April Units Sold

2005

2006 2007 2008 2009 Active Residential Inventory

2010

2011

2000-2011 YTD Housing Supply "Absorption Rate" as of 04/30/11 Source: Multiple Listing Service of Greater Cincinnati, Inc.

14.5 15

13.4

A "balanced" market is considered between 5-6 months of inventory.

12

9.6 9 9

6

3

JAN

FEB 2011 YTD 2005 YTD

MAR

APR 2010 2004 YTD

MAY

JUN 2009 YTD 2003 YTD

JUL

AUG 2008 YTD 2002 YTD

SEP

OCT

2007 YTD 2001 YTD

NOV

DEC

2006 YTD 2000 YTD

CopyrightŠ Karen Schlosser May 2011

$250,000 $200,000

1,500

Units Sold

2,000

1,408

1,373

$300,000

1,840

1,968

2,215

2,195

2,500

1,635

$350,000

2,013

1,919

1,809

$400,000

1,000

$202,259

$276,582

$188,592

$249,493

$335,789

$377,058

$375,795

$402,775

$324,942

$50,000

$320,355

$100,000

$285,604

$150,000 $259,637

Total Dollar Volume of Sales

$450,000

2,004

2,363

Total Dollar Volume of Sales (in 1,000's) & Number of Residential Units Sold (Single Family & Condo) April 2000-2011 Source: Multiple Listing Service of Greater Cincinnati, Inc.

$-

500

0 2000

2001

2002

2003

2004

Units Sold

2005

2006

2007

2008

2009

2010

2011

Total Dollar Volume of Sales

$170,229

$170,624

2005

2006

2007

$150,316 $137,358

$148,830

$143,650

$171,205

2004

$152,595

$170,451

$150,000

$143,525

$159,858

$175,000

$161,422

Average Sales Price of Residential (Single Family & Condo) Sales For The Month Of April 2000-2011 Source: Multiple Listing Service of Greater Cincinnati, Inc.

$125,000 2000

2001

2002

2003

2008

2009

2010

2011

CopyrightŠ Karen Schlosser May 2011

Area Market Survey - April 2011 Residential Sales (Single Family & Condo) As Of May 15, 2011 Selling Price Range $19,999 or under $20,000 thru $29,999 $30,000 thru $39,999 $40,000 thru $49,999 $50,000 thru $59,999 $60,000 thru $69,999 $70,000 thru $79,999 $80,000 thru $89,999 $90,000 thru $99,999 $100,000 thru $119,999 $120,000 thru $139,999 $140,000 thru $159,999 $160,000 thru $179,999 $180,000 thru $199,999 $200,000 thru $249,999 $250,000 thru $299,999 $300,000 thru $349,999 $350,000 thru $399,999 $400,000 thru $449,999 $450,000 thru $499,999 $500,000 thru $549,999 $550,000 thru $599,999 $600,000 thru $649,999 $650,000 thru $699,999 $700,000 thru $749,999 $750,000 thru $799,999 $800,000 thru $849,999 $850,000 thru $899,999 $950,000 thru $999,999 $1,000,000 thru $1,249,999 $1,250,000 thru $1,499,999 Totals

Quantity

Average DOM

98 81 63 71 72 47 65 78 67 101 133 94 75 60 109 66 38 24 14 9 15 7 2 3 3 3 4 2 2 1 1 1,408

71 69 76 73 76 91 93 90 83 103 91 87 100 105 90 94 91 138 49 158 228 274 81 24 33 23 94 500 78 25 246 91

CopyrightŠ Karen Schlosser May 2011