april 2012 housing market statistics for cincinnati

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Copyright© Karen Schlosser May 2012 1,809 1,919 2,004 2,013 2,363 2,195 2,215 1,968 1,635 1,373 1,840 1,422 1,533 6,646 7,946 8,405 9,272 10,569 11,696 14,972 16,347 15,519 13,787 13,866 13,539 11,986 0 5,000 10,000 15,000 20,000 0 500 1000 1500 2000 2500 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Active Inventory Units Sold Residential Units (Single Family & Condo) Sold & Active Inventory April 2000-2012 Source: MLS of Greater Cincinnati, Monthly & Yearly Updates April Units Sold Active Inventory 11.1 9.6 7.7 7.8 3 6 9 12 15 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2012 2011 2010 2009 2000-2012 YTD Housing Supply "Absorption Rate" as of 04/30/12 Source: Multiple Listing Service of Greater Cincinnati, Inc. A "balanced" market is considered between 5-6 months of inventory.

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Residential real estate market stats for April 2012

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Page 1: April 2012 Housing Market Statistics for Cincinnati

Copyright© Karen Schlosser May 2012

1,8

09

1,9

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2,1

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0

5,000

10,000

15,000

20,000

0

500

1000

1500

2000

2500

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

Active Inventory

Units Sold

Residential Units (Single Family & Condo) Sold & Active InventoryApril 2000-2012

Source: MLS of Greater Cincinnati, Monthly & Yearly Updates

April Units Sold Active Inventory

11.1

9.6

7.77.8

3

6

9

12

15

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

2012 2011 2010 2009

2000-2012 YTD Housing Supply "Absorption Rate" as of 04/30/12

Source: Multiple Listing Service of Greater Cincinnati, Inc.

A "balanced" market is considered between 5-6 months of inventory.

Page 2: April 2012 Housing Market Statistics for Cincinnati

Copyright© Karen Schlosser May 2012

$259

,637

$285

,604

$320

,355

$324

,942

$402

,775

$375

,795

$377

,058

$335

,789

$249

,493

$188

,592

$276

,582

$204

,140

$229

,214

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$-

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

$400,000

$450,000

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

Total Dollar Volume of Sales Units Sold

Total Dollar Volume of Sales (in 1,000's) &Number of Residential Units Sold (Single Family & Condo)

April 2000-2012Source: Multiple Listing Service of Greater Cincinnati,

$1

43,5

25

$14

8,8

30

$15

9,8

58

$16

1,4

22

$170

,451

$17

1,2

05

$17

0,22

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$170

,624

$15

2,59

5

$13

7,35

8

$150

,316

$14

3,55

8

$14

9,52

0

$100,000

$125,000

$150,000

$175,000

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

Average Sales Price of Residential (Single Family & Condo) SalesFor The Month Of April 2000-2012

Source: Multiple Listing Service of Greater Cincinnati, Inc.

Page 3: April 2012 Housing Market Statistics for Cincinnati

Residential Sales (Single Family) April 2012

Residential Sales (Condominium) April 2012

Source: Multiple Listing Service of Greater Cincinnati, Inc.

Source: Multiple Listing Service of Greater Cincinnati, Inc.

Selling Price Range # of

Homes Sold

Selling Price Range # of

Homes Sold

$19,000 or Under 81

$19,000 or Under 1

$20,000 thru $29,999 54

$20,000 thru $29,999 8

$30,000 thru $39,999 66

$30,000 thru $39,999 11

$40,000 thru $49,999 52

$40,000 thru $49,999 5

$50,000 thru $59,999 50

$50,000 thru $59,999 6

$60,000 thru $69,999 57

$60,000 thru $69,999 7

$70,000 thru $79,999 77

$70,000 thru $79,999 11

$80,000 thru $89,999 65

$80,000 thru $89,999 9

$90,000 thru $99,999 48

$90,000 thru $99,999 9

$100,000 thru $119,999 113

$100,000 thru $119,999 20

$120,000 thru $139,999 123

$120,000 thru $139,999 15

$140,000 thru $159,999 108

$140,000 thru $159,999 15

$160,000 thru $179,999 80

$160,000 thru $179,999 9

$180,000 thru $199,999 75

$180,000 thru $199,999 7

$200,000 thru $249,999 107

$200,000 thru $249,999 7

$250,000 thru $299,999 88

$250,000 thru $299,999 5

$300,000 thru $349,999 52

$300,000 thru $349,999 4

$350,000 thru $399,999 31

$1,250,000 thru $1,499,999 1

$400,000 thru $449,999 10

150

$450,000 thru $499,999 12 $500,000 thru $549,999 12 $550,000 thru $599,999 4 $600,000 thru $649,999 6 $700,000 thru $749,999 3 $750,000 thru $799,999 1 $800,000 thru $849,999 2 $850,000 thru $899,999 1 $900,000 thru $949,999 1 $950,000 thru $999,999 1 $1,000,000 thru

$1,249,999 2 $1,250,000 thru

$1,499,999 1 1383

Single Family Stats

Condominium Stats

Miinimum Sales Price $1,800

Miinimum Sales Price $7,550

Maximum Sales Price $1,257,500

Maximum Sales Price $1,425,897

Average Sales Price $152,072

Average Sales Price $125,565

Median Sales Price $124,750

Median Sales Price $107,750

Copyright© Karen Schlosser May 2012