June 2012 - Real Estate Market Stats for Cincinnati

Page 1

18,000 12,036

14,530

14,051

13,992

11,383

9,808

8,684

8,604

1,500

7,132

2,000

12,916

2,500

20,000

16,437

16,349

3,000

17,719

Residential (Single Family & Condo) Units Sold & Active Residential Inventory June 2000 - 2012 Source: Multiple Listing Service of Greater Cincinnati, Inc.

16,000 14,000 12,000 10,000 8,000

1,000

6,000 4,000 1,792

1,898

2,127

1,952

2003

1,931

2002

2,430

2,414

2001

2,790

2,063

2000

2,856

2,261

2,766

2,158

500

2011

2012

2,000 -

0

2004 2005 June Units Sold

2006

2007 2008 2009 2010 Active Residential Inventory

2000-2012 YTD Housing Supply "Absorption Rate" as of 06/30/12 Source: Multiple Listing Service of Greater Cincinnati, Inc. 15

12

11.1 9.6 9

7.8 7.7 6.5

6

6.3

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

3

JAN

FEB

MAR

APR

MAY

JUN

2012

2011

JUL 2010

AUG

SEP

OCT

NOV

DEC

2009

Copyright July 2012 Karen Schlosser


Residential (Single Family & Condo) Sales Volume (in $1,000's) and Units Sold June 2000-2012 Source: Multiple Listing Service of Greater Cincinnati, Inc.

2,127

1,898

2,500 1,792

1,952

1,864

2,113

2,263

2,404

2,126

2,029

1,821

$400,000

2,445

3,000

2,484

$500,000

2,000

$300,000 1,500 $200,000

$333,582

$296,017

$365,604

$325,368

$337,394

$398,289

$438,055

$465,579

$429,563

$434,427

$356,857

$329,381

$100,000

$288,976

1,000

$0

500

2000

2001

2002

2003

2004

2005

2006

2007

Sales Volume

2008

2009

2010

2011

2012

Units Sold

$175,754

$165,188

$171,887

$166,684

$181,005

$193,573

$188,495

$178,687

$167,854

$170,000

$158,691

$180,000

$162,337

$190,000

$174,890

$200,000

$190,421

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

$160,000 $150,000 2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

Copyright July 2012 Karen Schlosser


Residential Sales (Single Family) June 2012 Source: Multiple Listing Service of Greater Cincinnati, Inc.

Residential Sales (Condominium) June 2012 Source: Multiple Listing Service of Greater Cincinnati, Inc.

# of Homes Sold

# of Homes Sold

Selling Price Range

Selling Price Range

$19,000 or Under

78

$19,000 or Under

3

$20,000 thru $29,999

67

$20,000 thru $29,999

3

$30,000 thru $39,999

63

$30,000 thru $39,999

7

$40,000 thru $49,999

52

$40,000 thru $49,999

5

$50,000 thru $59,999

50

$50,000 thru $59,999

16

$60,000 thru $69,999

60

$60,000 thru $69,999

16

$70,000 thru $79,999

65

$70,000 thru $79,999

17

$80,000 thru $89,999

72

$80,000 thru $89,999

23

$90,000 thru $99,999

52

$90,000 thru $99,999

10

$100,000 thru $119,999

125

$100,000 thru $119,999

23

$120,000 thru $139,999

144

$120,000 thru $139,999

17

$140,000 thru $159,999

120

$140,000 thru $159,999

15

$160,000 thru $179,999

110

$160,000 thru $179,999

17

$180,000 thru $199,999

104

$180,000 thru $199,999

9

$200,000 thru $249,999

152

$200,000 thru $249,999

13

$250,000 thru $299,999

109

$250,000 thru $299,999

5

$300,000 thru $349,999

91

$350,000 thru $399,999

1

$350,000 thru $399,999

54

TOTAL

$400,000 thru $449,999

38

$450,000 thru $499,999

20

$500,000 thru $549,999

19

Minimum

$9,900

$550,000 thru $599,999

8

Maximum

$351,187

$600,000 thru $649,999

13

Average

$113,915

$650,000 thru $699,999

5

Median

$99,750

$700,000 thru $749,999

3

$750,000 thru $799,999

4

$800,000 thru $849,999

2

$850,000 thru $899,999

2

$950,000 thru $999,999

3

$1,000,000 thru $1,249,999

5

$1,250,000 thru $1,499,999

6

$1,500,000 thru $1,749,999

1

$1,750,000 thru $1,999,999 TOTAL

1 1698

200

Summary Price Information

Summary Price Information Minimum

$4,000

Maximum

$1,955,000

Average

$183,001

Median

$142,000

Copyright July 2012 Karen Schlosser


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