February 2011 Real Estate Market Statistics - Greater Cincinnati

Page 1

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


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