Residential (Single Family & Condo) Units Sold & Active Residential Inventory September 2000 - 2010
2,476
1,635
1,822
20,000
15,000 1,278
1,714
2,030
1,790
1,657
2,000
1,755
2,500
2,220
2,320
Source: Multiple Listing Service of Greater Cincinnati, Inc.
1,500
10,000 1,000
14,665
13,484
16,032
17,595
16,554
13,500
10,043
9,129
8,839
7,551
12,003
5,000
500
0
0 2000
2001
2002
2003
2004
2005
2006
Active Residential Inventory
2007
2008
2009
2010
Sep Units Sold
2000-2010 YTD Housing Supply "Absorption Rate" as of 09/30/10 Source: Multiple Listing Service of Greater Cincinnati, Inc. 14.4
15
A "balanced" market is considered between 5-6 months of inventory.
13.4
12
11.5
11.3
11.5
JUL
AUG
SEP
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
2007 YTD 2001 YTD
OCT
2006 YTD 2000 YTD
NOV
DEC
2005 YTD
©Copyright Karen Schlosser October 2010
$164,578
$156,847
2006
$152,336
2005
$157,152
$179,129
$160,000
$152,285
$154,529
$170,000
$165,874
$161,012
$180,000
$170,703
$190,000
$179,934
Residential (Single Family & Condo) Average Sales Price September 2000‐2010 Source: Multiple Listing Service of Greater Cincinnati, Inc.
$150,000 2000
2001
2002
2003
2004
2007
2008
2009
2010
$4,000,000
$3,000,000 13,336
14,003
16,000
$3,500,000 14,764
17,572
19,843
19,743
18,522
16,983
16,417
20,000
15,763
24,000
20,682
Number Of Residential Units Sold & Total Dollar Volume Of Sales (In $1,000's) Single Family & Condo January-September 2000-2010 YTD Source: Multiple Listing Service of Greater Cincinnati, Inc.
$2,500,000 $2,000,000
12,000
$1,500,000 8,000
$2,567,479
$2,756,400
$3,095,237
$3,410,061
$3,707,537
$3,566,039
$3,087,507
$2,417,754
$2,117,367
$2,125,710
4,000
$2,384,658
$1,000,000
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
$500,000 $0
0
Dollar Volume of Solds (In $1,000's)
Jan-Sep Units Sold
©Copyright Karen Schlosser October 2010