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