6,216
800
14,000 9,451
12,986
12,257
13,132
16,000 11,003
9,546
8,649
8,131
1,000
7,111
1,200
10,614
1,400
14,634
12,990
1,600
15,040
Residential (Single Family & Condominium) Units Sold vs. Active Residential Inventory For The Month Of January 2000-2013 Source: Multiple Listing Service of Greater Cincinnati, Inc.
12,000 10,000 8,000
1,376
1,387
1,370
1,130
912
849
894
995
1,294
2,000
1,278
200
1,314
4,000 1,295
400 1,052
6,000
1,118
600
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
0
0 January Units Sold
Active Residential Inventory
2009-2013 YTD Number of Months of Housing Supply As of January 31, 2013 Source: Multiple Listing Service of Greater Cincinnati, Inc. 15
12
9 7.3 Months of Housing Supply January 2013
6
A "balanced" market is considered between 5-6 months of inventory.
3
JAN
FEB
MAR
APR
2013
MAY
2012
JUN
JUL
2011
AUG
2010
SEP
OCT
NOV
DEC
2009 CopyrightŠ Karen Schlosser February 2013
$250,000
$180,142
$137,306
800
$125,646
$128,003
$113,779
$213,403
$245,706
$206,485
$300,000
$172,793
1,000
$199,865
1,200
$164,579
$166,780
1,400
$203,454
1,600
$234,216
Number of Residential (Single Family & Condominium) Units Sold vs. Dollar Volume of Units (in $1,000's) Sold For The Month Of January 2000-2013 Source: Multiple Listing Service of Greater Cincinnati, Inc.
$200,000
$150,000
600 $100,000 400 $50,000 1,118
1,052
1,295
1,314
1,278
1,376
1,387
1,370
1,130
912
849
894
995
1,294
200
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
0
$0
January Units Sold
Dollar Volume of Solds
$141,591 $119,921
$139,219 $127,952
$143,622 $110,855
$153,091
$156,591 $121,186
$159,219
$179,416
$152,942
$130,160
2005
$154,289
$133,163
2004
$129,110
$131,588
2001
$123,186
2000
$119,531
$110,996
$100,000
$108,432
$150,000
$157,885
$174,647
$165,556
$159,068
$159,033
$153,714
$200,000
$161,859
Average Sales Price for Single Family and Condominium Units Sold For The Month Of January 2000-2013 Source: Multiple Listing Service of Greater Cincinnati, Inc.
$50,000 2002
2003
Avg. Sales Price of Single Family
2006
2007
2008
2009
2010
2011
2012
2013
Avg. Sales Price of Condominium
CopyrightŠ Karen Schlosser February 2013
Residential Sales (Single Family) January 2013
Residential Sales (Condominium) January 2013
Source: Multiple Listing Service of Greater Cincinnati, Inc.
Source: Multiple Listing Service of Greater Cincinnati, Inc. # of Selling Price Range Homes Sold $19,000 or Under 3 $20,000 thru $29,999 3 $30,000 thru $39,999 14 $40,000 thru $49,999 8 $50,000 thru $59,999 9 $60,000 thru $69,999 9 $70,000 thru $79,999 13 $80,000 thru $89,999 9 $90,000 thru $99,999 4 $100,000 thru $119,999 13 $120,000 thru $139,999 10 $140,000 thru $159,999 15 $160,000 thru $179,999 6 $180,000 thru $199,999 4 $200,000 thru $249,999 10 $250,000 thru $299,999 7 $300,000 thru $349,999 3 $500,000 thru $549,999 1 $550,000 thru $599,999 1
Selling Price Range $19,000 or Under $20,000 thru $29,999 $30,000 thru $39,999 $40,000 thru $49,999 $50,000 thru $59,999 $60,000 thru $69,999 $70,000 thru $79,999 $80,000 thru $89,999 $90,000 thru $99,999 $100,000 thru $119,999 $120,000 thru $139,999 $140,000 thru $159,999 $160,000 thru $179,999 $180,000 thru $199,999 $200,000 thru $249,999 $250,000 thru $299,999 $300,000 thru $349,999 $350,000 thru $399,999 $400,000 thru $449,999 $450,000 thru $499,999 $500,000 thru $549,999 $550,000 thru $599,999 $600,000 thru $649,999 $650,000 thru $699,999 $700,000 thru $749,999 $750,000 thru $799,999 $1,500,000 thru $1,749,999
# of Homes Sold 89 72 64 43 45 42 41 64 47 111 90 62 69 65 89 57 30 20 15 9 7 8 4 2 3 3
Summary Price Information Minimum $16,000 Average $119,921 Maximum $580,000 Median $95,705
1
Summary Price Information Minimum $1,925 Average $141,591 Maximum $1,700,000 Median $110,750
CopyrightŠ Karen Schlosser February 2013
Residential (Single Family & Condo) Unit Sales 2009-2013 YTD Source: Multiple Listing Service of Greater Cincinnati, Inc. NOTE: There was a tax credit from April 9, 2008* - April 30, 2010 *This tax credit was instituted in November 2008 and retroactive 2,300 2,100 1,900 1,700
Unit Sales January 2013
1,500 1,300 1,100 900 700 500 Jan
Feb
Mar
Apr 2009
May
Jun
2010
Jul
2011
Aug 2012
Sep
Oct
Nov
Dec
2013
Residential Average Sales Price Single Family & Condominiums 2009-2013 YTD SOURCE: All Market Areas in Multiple Listing Service of Greater Cincinnati, Inc. $180,000
$170,000
$160,000
$150,000 $139,213 January 2013 $140,000
$130,000
$120,000 JAN
FEB
MAR 2013
APR 2012
MAY
JUN 2011
JUL 2010
AUG
SEP
OCT
NOV
DEC
2009 CopyrightŠ Karen Schlosser February 2013