9,829
8,933
8,459
7,326
6,406
7,058
7,570
6,865
6,679
6,100
6,339
1,100
6,582
6,411
1,300
7,377
1,500
13,561
12,565
11,259
1,700
18,000
14,734
1,900
13,263
2,100
16,183
15,787
Number of Residential Units Sold vs. Active Residential Inventory November 1990-2010 Source: Multiple Listing Service of Greater Cincinnat
16,000 14,000 12,000 10,000 8,000 6,000
1,087
1,570
1,166
1,593
1,713
1,975
1,927
1,487
1,680
1,670
1,573
1,536
1,630
1,312
1,278
1,193
1,124
1,419
1,190
985
700
1,056
900
4,000 2,000
500 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Nov Units Sold
Active Residential Inventory
2000-2010 YTD Housing Supply "Absorption Rate" as of 11/30/10 Source: Multiple Listing Service of Greater Cincinnati 15
14.4 13.4
13.1
A "balanced" market is considered between 5-6 months of inventory.
12
12.5 11.5
11.3
11.5
AUG
SEP
8.6
9
7.5 6.8
6.8
6
3
JAN
FEB 2010 YTD 2004 YTD
MAR
APR 2009 YTD 2003 YTD
MAY
JUN 2008 YTD 2002 YTD
JUL
2007 YTD 2001 YTD
OCT
2006 YTD 2000 YTD
NOV
DEC
2005 YTD
©Copyright Karen Schlosser December 2010