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