August 2010 - Market Statistics for Greater Cincinnati Real Estate

Page 1

14,985

18,000 16,000 14,000

9,859

9,012

8,745

7,462

2,000

13,622

11,947

13,430

2,500

20,000

16,387

16,924

3,000

1,500

17,884

Residential (Single Family & Condo) Units Sold & Active Residential Inventory August 2000-2010 Source: Multiple Listing Service of Greater Cincinnati, Inc.

12,000

10,000 8,000

1,000

6,000 4,000 2,005

2,141

2,162

2,576

2,562

2,836

2,551

2,176

1,765

1,812

1,327

500

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

0

2,000 0

Aug Units Sold

Active Residential Inventory

2000-2010 YTD Housing Supply "Absorption Rate" as of 08/31/10 Source: MLS of Greater Cincinnati, Inc. 15

14.4 13.4

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

12

11.5

11.3

8.6

9

7.5 6.8

6.8

6

3

JAN

FEB 2010 YTD 2004 YTD

MAR

APR 2009 YTD 2003 YTD

MAY

JUN 2008 YTD 2002 YTD

JUL

AUG 2007 YTD 2001 YTD

SEP

OCT

NOV

2006 YTD 2000 YTD

DEC

2005 YTD

CopyrightŠ Karen Schlosser September 2010


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