13,704
14,985
13,622
16,387
16,924 9,859
9,012
8,745
7,462
2,000
11,947
2,500
20,000
13,430
3,000
1,500
17,884
Residential (Single Family & Condo) Units Sold & Active Residential Inventory August 2000-2011 Source: Multiple Listing Service of Greater Cincinnati, Inc.
18,000 16,000 14,000 12,000 10,000 8,000
1,000
1,812
1,327
1,645
1,765
2003
2,176
2002
2,551
2,576
2001
2,836
2,162
2000
2,562
2,141
4,000 2,005
500
6,000
2009
2010
2011
0
2,000 0
2004 Units Sold
2005
2006 2007 2008 Active Residential Inventory
2010-2011 YTD Housing Supply "Absorption Rate" as of 08/31/11 Source: Multiple Listing Service of Greater Cincinnati, Inc. 15
14.5 14.4
13.4 A "balanced" market is considered between 5-6 months of inventory.
13.4 12
13.1
11.5
11.3
12.5
11.5
9.6 9
10.5
8.9 8.4
9
8.3 7.8
8.6 7.5 6
6.8
6.8
MAY
JUN
3
JAN
FEB
MAR
APR
2011
JUL
AUG
SEP
OCT
NOV
DEC
2010 (Tax Credit Through June 30, 2010)
CopyrightŠ Karen Schlosser September 2011
1,500
$276,121
$228,513
$293,085
$500,000 $292,875
$463,689
$450,911
$600,000 $384,645
$343,169
$320,343
2,000
$374,526
2,500
$440,830
3,000
$524,524
Residential (Single Family & Condo) Units Sold & Total Dollar Sales Volume (in $1,000's) August 2000-2011 Source: Multiple Listing Service of Greater Cincinnati, Inc.
$400,000
$300,000
1,645
1,325
1,812
1,765
2,176
2,551
2,836
2,562
2,576
$100,000 2,162
500 2,141
$200,000
2,005
1,000
0
$2000
2001
2002
2003
2004
2005
Units Sold
2006
2007
2008
2009
2010
2011
Total Dollar Volume (in $1,000's)
Residential (Single Family & Condo) Average Sales Price August 2000-2011 Source: Multiple Listing Service of Greater Cincinnati, Inc.
$172,463
$176,767
$181,768
$176,000
$167,855
2001
$161,747
$160,284
2000
$165,935
$159,772
$175,000
$171,130
$173,231
$184,952
$200,000
$150,000 2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
CopyrightŠ Karen Schlosser September 2011
Residential Sales (Single Family & Condominium) for August 2011 Source: Multiple Listing Service of Greater Cincinnati, Inc. Sales 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 $900,000 thru $949,999 $950,000 thru $999,999 $1,000,000 thru $1,249,999 $1,250,000 thru $1,499,999 $1,500,000 thru $1,749,999 $2,250,000 thru $2,499,999 TOTAL
Number of Units Sold 88 77 72 69 55 59 71 65 64 134 153 128 86 67 154 99 48 48 20 18 13 12 13 10 4 1 1 3 1 2 5 3 1 1 1645 CopyrightŠ Karen Schlosser September 2011