april 2012 housing market statistics for cincinnati
DESCRIPTION
Residential real estate market stats for April 2012TRANSCRIPT
Copyright© Karen Schlosser May 2012
1,8
09
1,9
19
2,0
04
2,0
13
2,3
63
2,1
95
2,2
15
1,9
68
1,6
35
1,3
73
1,8
40
1,4
22
1,5
33
6,6
46
7,9
46
8,4
05
9,2
72
10
,56
9
11
,69
6 14
,97
2
16
,34
7
15
,51
9
13
,78
7
13
,86
6
13
,53
9
11
,98
6
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.
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
1,80
9
1,91
9
2,00
4
2,01
3
2,36
3
2,19
5
2,21
5
1,96
8
1,63
5
1,37
3
1,84
0
1,42
2
1,53
3
0
500
1,000
1,500
2,000
2,500
$-
$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
9
$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.
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