Residential Units (Single Family & Condo) Sold & Active Inventory April 2000-2012 Source: MLS of Greater Cincinnati, Monthly & Yearly Updates Active Inventory
11,986
13,539
13,866
15,519
20,000 13,787
11,696
10,569
9,272
6,646
1000
7,946
1500
8,405
2000
14,972
2500
16,347
Units Sold
15,000
10,000
5,000 1,533
1,422
1,840
1,373
1,635
1,968
2,215
2,195
2,363
2,013
2,004
1,919
1,809
500
0
0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
April Units Sold
Active Inventory
2000-2012 YTD Housing Supply "Absorption Rate" as of 04/30/12 Source: Multiple Listing Service of Greater Cincinnati, Inc. 15
12
11.1 9.6 9
7.7
7.8
6
A "balanced" market is considered between 5-6 months of inventory.
3
JAN
FEB
MAR
APR
MAY
JUN
2012
2011
JUL 2010
AUG
SEP
OCT
NOV
DEC
2009
CopyrightŠ Karen Schlosser May 2012
2,215
1,840
1,968
1,533
1,373
$300,000
2,000
1,422
2,013
2,004
2,500
1,635
$350,000
1,919
$400,000
1,809
$450,000
2,195
2,363
Total Dollar Volume of Sales (in 1,000's) & Number of Residential Units Sold (Single Family & Condo) April 2000-2012 Source: Multiple Listing Service of Greater Cincinnati,
1,500
$250,000 $200,000
1,000
$320,355
$324,942
$402,775
$375,795
$377,058
$335,789
$249,493
$188,592
$276,582
$204,140
$229,214
$50,000
$285,604
$100,000
$259,637
$150,000
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
$-
500
0 Total Dollar Volume of Sales
Units Sold
$149,520
2007
$143,558
2006
$150,316
2005
$137,358
$170,624
2004
$152,595
$170,229
2003
$171,205
$161,422
2002
$170,451
$159,858
$150,000
$143,525
$175,000
$148,830
Average Sales Price of Residential (Single Family & Condo) Sales For The Month Of April 2000-2012 Source: Multiple Listing Service of Greater Cincinnati, Inc.
$125,000
$100,000 2000
2001
2008
2009
2010
2011
2012
CopyrightŠ Karen Schlosser May 2012
Residential Sales (Single Family) April 2012
Residential Sales (Condominium) April 2012
Source: Multiple Listing Service of Greater Cincinnati, Inc.
Source: Multiple Listing Service of Greater Cincinnati, Inc.
Selling Price Range $19,000 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 $700,000 thru $749,999 $750,000 thru $799,999 $800,000 thru $849,999 $850,000 thru $899,999 $900,000 thru $949,999 $950,000 thru $999,999 $1,000,000 thru $1,249,999 $1,250,000 thru $1,499,999
# of Homes Sold
Selling Price Range
81 54 66 52 50 57 77 65 48 113 123 108 80 75 107 88 52 31 10 12 12 4 6 3 1 2 1 1 1
$19,000 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 $1,250,000 thru $1,499,999
# of Homes Sold 1 8 11 5 6 7 11 9 9 20 15 15 9 7 7 5 4 1 150
2 1 1383
Single Family Stats Miinimum Sales Price $1,800 Maximum Sales Price $1,257,500 Average Sales Price $152,072 Median Sales Price $124,750
Condominium Stats Miinimum Sales Price $7,550 Maximum Sales Price $1,425,897 Average Sales Price $125,565 Median Sales Price $107,750
CopyrightŠ Karen Schlosser May 2012