1,000
10,173
9,231
8,837
7,579
6,774
7,364
7,779
7,103
6,951
6,349
6,729
6,938
6,695
1,500
7,968
14,094
12,896
15,403
13,523
2,000
11,789
2,500
17,072
16,425
Residential (Single Family & Condo) Units Sold & Active Residential Inventory October 1990 - 2010 Source: Multiple Listing Service of Greater Cincinnati, Inc.
18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000
1,071
1,720
1,485
1,740
1,981
2,124
2,061
2,063
1,812
1,709
1,611
1,609
1,648
1,606
1,512
1,285
1,181
1,335
1,303
1,176
1,081
500
0
2,000 0
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
October Units Sold
Active Residential Inventory
2000-2010 YTD Housing Supply "Absorption Rate" as of 10/31/10 Source: Multiple Listing Service of Greater Cincinnati, Inc. 15
14.4 13.4
A "balanced" market is considered between 5-6 months of inventory.
12
13.1
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
ŠCopyright Karen Schlosser November 2010
$110,000
$161,614
$150,543
$153,935
$167,013
$170,868
$177,790
$173,353
$154,823
$140,949
$130,075
$124,440
$108,827
$103,312
$120,000
$100,296
$130,000
$102,937
$140,000
$116,062
$150,000
$123,303
$160,000
$145,847
$170,000
$155,610
$180,000
$167,453
$190,000
$162,453
Residential (Single Family & Condo) Average Sales Price October 1990-2010 Source: Multiple Listing Service of Greater Cincinnati, Inc.
$100,000 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
$4,500,000 19,312
$3,500,000 14,407
15,723
$4,000,000 16,250
21,824
22,806
20,585
18,795
18,126
17,374
17,963
15,651
15,565
13,505
13,891
13,994
13,034
11,483
15,000
11,851
20,000
17,384
25,000
21,804
Number Of Residential Units Sold & Total Dollar Volume Of Sales (in $1,000's) Single Family & Condo January- October 1990-2010 YTD Source: Multiple Listing Service of Greater Cincinnati, Inc.
$3,000,000 $2,500,000 $2,000,000
10,000
$2,298,799
$2,376,301
$2,646,390
$3,378,109
$3,904,529
$4,085,163
$3,767,342
$3,440,693
$3,050,764
$2,832,072
$2,635,346
$2,437,218
$2,245,776
$1,917,526
$1,838,489
$1,553,626
$1,577,537
$1,511,129
$1,374,624
$1,159,872
5,000
$1,149,525
$1,500,000
0
$1,000,000 $500,000 $0
199019911992199319941995199619971998199920002001200220032004200520062007200820092010
$ Volume of Solds
Jan-Oct Units Sold
ŠCopyright Karen Schlosser November 2010