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