October 2010 - State Of The Market

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