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