13,014
14,665
16,032
13,484
12,003
10,043
8,839
7,551
1,500
9,129
2,000
20,000
13,500
16,554
2,500
17,595
Residential (Single Family & Condo) Units Sold & Active Residential Inventory September 2000 - 2011 Source: Multiple Listing Service of Greater Cincinnati, Inc.
15,000
10,000
1,000 5,000 1,419
1,278
1,822
1,635
1,714
2,030
2,476
2,220
2,320
1,790
1,657
1,755
500
0
0 2000
2001
2002
2003
2004
2005
Sep Units Sold
2006
2007
2008
2009
2010
2011
Active Residential Inventory
2010-2011 YTD Housing Supply "Absorption Rate" as of 09/30/11 Source: Multiple Listing Service of Greater Cincinnati, Inc. 15
A "balanced" market is considered between 5-6 months of inventory.
14.5 14.4
13.4 13.4
12
13.1 12.5 11.5
9.6 9 8.4
9
11.3
8.9 8.3
7.8
11.5 10.5
9.2
8.6 7.5 6
6.8
6.8
MAY
JUN
3
JAN
FEB
MAR
APR
2011
JUL
AUG
SEP
OCT
NOV
DEC
2010 (Tax Credit Through June 30, 2010)
CopyrightŠ Karen Schlosser October 2011