6,187
800
16,000
12,962
12,561
13,094
10,644
8,774
7,337
1,200
8,100
1,400
9,652
1,600
15,101
13,495
1,800
1,000
14,628
Residential (Single Family & Condominium) Units Sold vs. Active Residential Inventory For the Month of February 2000-2011 Source: Multiple Listing Service of Greater Cincinnati, Inc.
14,000 12,000
10,000 8,000 6,000
600
4,000
400
2,000
200 0
0 2000
2001
2002
2003
2004
2005
February Units Sold
2006
2007
2008
2009
2010
2011
Active Residential Inventory
2000-2011 YTD Housing Supply "Absorption Rate" as of 02/28/11 Source: Multiple Listing Service of Greater Cincinnati, Inc.
14.5 15
A "balanced" market is considered between 5-6 months of inventory.
13.4 12
9
6
3
JAN
FEB 2011 YTD 2005 YTD
MAR
APR 2010 2004 YTD
MAY
JUN 2009 YTD 2003 YTD
JUL
AUG 2008 YTD 2002 YTD
SEP
OCT
2007 YTD 2001 YTD
NOV
DEC
2006 YTD 2000 YTD
CopyrightŠ Karen Schlosser March 2011
$205,790
1,000
$138,745
$250,000
$139,687
$279,444
$277,817
$248,446
$203,454
$300,000
$146,798
1,200
$182,599
1,400
$199,587
1,600
$224,568
1,800
$253,313
Number of Residential (Single Family & Condominium) Units Sold vs. Dollar Volume of Units (in $1,000's) Sold For The Month Of February 2000-2011 Source: Multiple Listing Service of Greater Cincinnati, Inc.
$200,000
$150,000
800 600
$100,000
400 1,295
1,394
1,470
1,379
1,538
1,642
1,712
1,515
1,320
1,129
934
964
$50,000 200
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
0
$0 February Units Sold
Dollar Volume of Solds
140,000
$143,926
$130,025
$149,558
$163,991
2007
$155,902
$163,227
2006
$147,537
$152,767
$143,176
160,000
$141,003
180,000
$169,194
$164,703
Average Residential (Single Family & Condo) Sales Price For The Month Of February 2000-2011 Source: Multiple Listing Service of Greater Cincinnati, Inc.
120,000
100,000
2000
2001
2002
2003
2004
2005
2008
2009
2010
2011
CopyrightŠ Karen Schlosser March 2011