13,880
14,234
16,039
17,107
14,052
10,924
9,568
8,280
6,996
1,500
8,572
2,500 2,000
12,259
3,000
15,767
Residential Units Sold & Active Residential Inventory (Single Family & Condo) May 2000-2011 Source: Multiple Listing Service of Greater Cincinnati, Monthly & Yearly Updates
18,000 16,000 14,000 12,000 10,000 8,000
1,000
4,000
1,654
2,097
1,636
1,907
2,334
2,584
2,660
2,453
2,345
2,214
2,146
2,093
500
6,000
2,000
0
0
2000
2001
2002
2003
2004
2005
May Units Sold
2006
2007
2008
2009
2010
2011
Active Residential Inventory
2000-2011 YTD Housing Supply "Absorption Rate" as of 05/31/11 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
9
8.4
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 June 2011
2010-2011 YTD Housing Supply (In Months) "Absorption Rate" as of 05/31/11 Source: Multiple Listing Service of Greater Cincinnati, Inc. 15
14.5 13.4
A "balanced" market is considered between 5-6 months of inventory.
14.4 13.4 12
13.1 12.5 11.5
9.6
11.5
11.3
9
10.5 8.4
9
8.6 7.5 6
6.8
6.8
MAY
JUN
3 JAN
FEB
MAR
APR
JUL
AUG
SEP
OCT
NOV
DEC
2011 2010 (Tax Credit Through June 30, 2010)
$600,000 $324,194
$252,752
1,500
$276,521
$500,000 $258,476
$412,480
$459,730
$482,923
$427,513
$357,813
2,000
$337,674
2,500
$314,222
3,000
$390,688
Residential Units Sold & Total Dollar Volume Of Sold (Single Family & Condo) May 2000-2011 Source: Multiple Listing Service of Greater Cincinnati, Inc.
$400,000 $300,000
1,654
2,097
1,636
1,907
2,334
2,584
2,660
2,453
2,345
$100,000
2,214
500
2,146
$200,000 2,093
1,000
0
$-
2000
2001
2002
2003
2004
2005
May Units Sold
2006
2007
2008
2009
2010
2011
Total Dollar Volume CopyrightŠ Karen Schlosser June 2011
2009
2010
$152,813
2007
$159,171
$176,727
2006
$157,993
$177,914
2005
$170,002
$181,550
$174,282
$166,605
$161,614
$150,130
$200,000
$157,350
Average Sales Price Of Residential Units Sold (Single Family & Condo) May 2000-2011 Source: Multiple Listing Service of Greater Cincinnati, Inc.
$150,000 2000
2001
2002
2003
2004
2008
2011
AREA MARKET SURVEY - MAY 2011 Residential Units Sold (Single Family & Condo) Source: Multiple Listing Service of Greater Cincinnati Selling Price Range
Quantity
Average Days On Market
$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 $1,750,000 thru $1,999,999 TOTAL
101 73 63 63 71 66 71 73 92 138 125 127 114 71 138 93 61 39 20 17 13 4 6 2 1 3 2 1 1 1 2 2 1654
70 64 57 75 72 76 65 79 77 80 85 91 97 100 89 110 93 116 84 110 175 145 181 33 93 26 73 170 27 361 149 392 85
CopyrightŠ Karen Schlosser June 2011