6,529
1,000
13,308
13,591
13,764
18,000
11,124
10,153
8,939
7,612
1,500
8,182
2,000
15,177
14,257
2,500
15,455
Residential (Single Family & Condominium) Units Sold vs. Active Residential Inventory For the Month of March 2000-2011 Source: Multiple Listing Service of Greater Cincinnati, Inc.
16,000 14,000 12,000 10,000 8,000 6,000 4,000
1,473
1,583
1,369
1,547
1,952
2,281
2,196
2,159
1,677
1,859
1,818
1,709
500
-
2,000 -
2000
2001
2002
2003
2004
2005
March Units Sold
2006
2007
2008
2009
2010
2011
Active Residential Inventory
2000-2011 YTD Housing Supply "Absorption Rate" as of 03/31/11 Source: Multiple Listing Service of Greater Cincinnati, Inc.
14.5 15
A "balanced" market is considered between 5-6 months of inventory.
13.4 12
9
9
6
3
JAN
FEB 2011 YTD 2005 YTD
MAR
APR 2010 2004 YTD
MAY
JUN 2009 YTD 2003 YTD
JUL
AUG 2008 YTD 2002 YTD
SEP
OCT
2007 YTD 2001 YTD
NOV
DEC
2006 YTD 2000 YTD
CopyrightŠ Karen Schlosser April 2011
$300,000
$196,292
$241,071
$255,905
$337,597
$374,907
$347,826
$275,319
$275,804
$450,000
$187,776
1,500
$242,718
2,000
$286,706
2,500
$400,117
Number of Residential (Single Family & Condominium) Units Sold vs. Dollar Volume of Units (in $1,000's) Sold For The Month Of March 2000-2011 Source: Multiple Listing Service of Greater Cincinnati, Inc.
1,000 $150,000
1,709
1,818
1,859
1,677
2,159
2,196
2,281
1,952
1,547
1,369
1,583
1,473
500
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
-
$-
March Units Sold
Dollar Volume of Solds
$152,287
$165,420
$172,949
$140,000
$133,260
$137,163
$150,000
$142,023
$160,000
$154,226
$151,707
$170,000
$161,105
$164,174
$180,000
$175,413
$170,723
Average Sales Price of Single Family & Condo Sales For The Month Of March 2000-2011 Source: Multiple Listing Service of Greater Cincinnati, Inc.
$130,000
$120,000 2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
CopyrightŠ Karen Schlosser April 2011