9,165
8,242
6,616
5,916
6,318
6,755
7,053
6,292
6,140
5,693
5,692
6,286
1,200
5,941
1,400
7,841
1,600
12,582
13,273
14,586
16,000 11,635
10,350
1,800
12,245
2,000
14,053
Number of Residential Units Sold vs. Active Residential Inventory (Single Family & Condo) December 1990-2010 Source: Multiple Listing Service of Greater Cincinnati, Inc.
14,000 12,000 10,000 8,000
1,196
1,306
1,271
1,351
1,674
1,773
1,794
1,700
1,575
1,524
1,209
1,377
1,537
1,390
1,191
1,075
1,087
1,302
4,000
1,308
800 992
6,000
794
1,000
600
2,000 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Dec Units Sold
Active Residential Inventory
2000-2010 YTD Housing Supply "Absorption Rate" as of 12/31/10 Source: Multiple Listing Service of Greater Cincinnati, Inc. 14.4
15
13.4
A "balanced" market is considered between 5-6 months of inventory.
12
13.1 12.5 11.5
11.3
11.5 10.5
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
AUG 2007 YTD 2001 YTD
SEP
OCT
2006 YTD 2000 YTD
NOV
DEC
2005 YTD
CopyrightŠ Karen Schlosser January 2011
$77,479
800 600
$292,906
$191,924
$199,555
$179,568
$300,000
$179,973
$319,123
$315,014
$350,000
$230,067
$203,914
$185,135
$139,855
$126,357
$123,555
$143,020
1,000
$102,594
1,200
$135,322
1,400
$171,264
1,600
$241,025
1,800
$261,226
2,000
$299,030
Number of Units Sold vs. Dollar Volume of Units Sold (Volume in 1,000's) Residential (Single Family & Condo) December 1990-2010 Source: Multiple Listing Service of Greater Cincinnati, Inc.
$250,000
$200,000
$150,000
$100,000
400
$50,000 199019911992199319941995199619971998199920002001200220032004200520062007200820092010
$160,472
$152,799
$141,600
$175,593
$175,900
$158,153
$144,424
$134,448
$132,670
$117,427
$117,541
$113,666
$109,846
$103,457
$110,000
$97,581
$130,000
$103,421
$150,000
$123,212
$170,000
$148,526
$190,000
$165,858
Average Sales Price - December 1990-2010 Source: Multiple Listing Service of Greater Cincinnati, Inc.
$174,974
Dollar Volume of Units Sold (in $1,000's)
$179,990
Units Sold
$90,000
$70,000
$50,000 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
CopyrightŠ Karen Schlosser January 2011
$2,651,678
$4,000,000 $2,830,101
$3,040,169
$4,766,131
$4,495,183
$3,869,611
$3,329,391
$2,831,943
$2,656,410
$2,251,352
$2,126,291
$3,000,000
16,691
18,783
18,726
22,256
25,211
26,554
25,525
23,772
22,050
21,320
20,156
20,876
20,551
18,353
$1,823,434
15,773
$5,000,000
$2,000,000
18,034
$1,819,617
16,102
$1,637,081
$1,799,986
12,000
15,532
14,000
$1,319,350 13,630
16,000
$1,362,879 13,531
18,000
16,715
20,000
$3,053,114
24,000 22,000
$3,581,023
26,000
$3,988,071
28,000
$4,413,585
Number of Residential Units Sold vs. Dollar Volume of Residential Units Sold (Volume in 1,000's) January-December 1990-2010 YTD Source: Multiple Listing Service of Greater Cincinnati
10,000
$1,000,000 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Jan-Dec Units Sold
$ Volume of Solds (in $1,000's)
$158,869
$150,873
$161,404
$172,894
$177,819
$179,989
$172,095
$162,365
$155,512
$151,567
$135,655
$129,259
$122,669
$117,905
$113,006
$107,687
$105,401
$100,723
$96,798
$150,000
$115,605
$200,000
$167,638
Average Sales Price - Residential (Single Family & Condo) Year End 1990-2010 Source: Multiple Listing Service of Greater Cincinnati, Inc.
$100,000
$50,000 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
CopyrightŠ Karen Schlosser January 2011