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
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2009
CopyrightŠ Karen Schlosser May 2012