May 2012 - Real Estate Market Stats for Cincinnati

13,880

14,234

14,052

16,000 12,298

10,924

9,568

8,572

8,280

6,996

2,000

18,000

12,259

2,500

16,039

15,767

3,000

1,500

17,107

Residential Units Sold & Active Residential Inventory (Single Family & Condo) May 2000-2012 Source: MLS of Greater Cincinnati, Monthly & Yearly Updates

14,000 12,000 10,000 8,000

1,000

6,000 4,000

2,093

2,146

2,214

2,345

2,453

2,660

2,584

2,334

1,907

1,636

2,097

1,664

1,903

500

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

0

2,000 0

May Units Sold

Active Residential Inventory

2000-2012 YTD Housing Supply "Absorption Rate" as of 05/31/12 Source: Multiple Listing Service of Greater Cincinnati, Inc. 15

12

11.1 9.6

9

7.7

7.8 6.5

6

A "balanced" market is considered between 5-6 months of inventory.

3

JAN

FEB

MAR

APR

MAY 2012

JUN

JUL

AUG

2011

2010

2009

SEP

OCT

NOV

DEC

Copyright June 2012 Karen Schlosser

$600,000

$299,773

$253,920

$258,476

1,500

$276,521

$500,000 $324,194

$412,480

$427,513

$337,674

$314,222

2,000

$357,813

2,500

$390,688

3,000

$459,730

$482,923

Residential Units Sold & Total Dollar Volume Of Sold (Single Family & Condo) May 2000-2012 Source: Multiple Listing Service of Greater Cincinnati, Inc.

$400,000

$300,000

1,903

1,664

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

2006

May Units Sold

2007

2008

2009

2010

2011

2012

Total Dollar Volume

Average Sales Price Of Residential Units Sold (Single Family & Condo) May 2000-2012 Source: Multiple Listing Service of Greater Cincinnati, Inc.

2010

$157,527

2009

$152,596

$159,171

2007

$157,993

$176,727

2006

$170,002

$177,914

$181,550

$174,282

$166,605

$161,614

$157,350

$150,130

$200,000

$150,000 2000

2001

2002

2003

2004

2005

2008

2011

2012

Copyright June 2012 Karen Schlosser

Residential Sales (Single Family) May2012

Residential Sales (Condominium) May2012

Source: Multiple Listing Service of Greater Cincinnati, Inc.

Source: Multiple Listing Service of Greater Cincinnati, Inc.

Selling Price Range

# of Homes Sold

$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 $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 TOTAL

105 74 52 62 66 82 50 57 71 130 124 144 122 74 170 100 70 58 19 15 9 7 7 5 3 2 3 2 1 1 2 2 1689

Minimum Maximum

$3,500 $1,250,000

Average

$161,683

Median

$135,000

Selling Price Range

# of Homes Sold

$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 $550,000 thru $599,999 $600,000 thru $649,999 TOTAL

1 5 8 15 10 22 16 11 17 18 23 19 10 10 15 6 1 2 1 2 1 1 214

Minimum Maximum Average Median

$15,000 $640,000 $124,719 $103,375

Copyright June 2012 Karen Schlosser