market stats for march 2011 - greater cincinnati
DESCRIPTION
Market stats for the residential real estate market in Greater Cincinnati for March 2000-2011TRANSCRIPT
Copyright© Karen Schlosser April 2011
1,70
9
1,81
8
1,85
9
1,67
7
2,15
9
2,19
6
2,28
1
1,95
2
1,54
7
1,36
9
1,58
3
1,47
3
6,52
9
7,61
2
8,1
82
8,93
9 10,1
53
11,1
24
14,2
57
15,4
55
15,1
77
13
,76
4
13,5
91
13,3
08
-
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
-
500
1,000
1,500
2,000
2,500
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Residential (Single Family & Condominium) Units Sold vs. Active Residential Inventory
For the Month of March 2000-2011
Source: Multiple Listing Service of Greater Cincinnati, Inc.
March Units Sold Active Residential Inventory
14.5
13.4
9
3
6
9
12
15
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
2011 YTD 2010 2009 YTD 2008 YTD 2007 YTD 2006 YTD
2005 YTD 2004 YTD 2003 YTD 2002 YTD 2001 YTD 2000 YTD
2000-2011 YTD Housing Supply
"Absorption Rate" as of 03/31/11
Source: Multiple Listing Service of Greater Cincinnati, Inc.
A "balanced"
market is considered between 5-6
months of inventory.
Copyright© Karen Schlosser April 2011
1,70
9
1,81
8
1,85
9
1,67
7
2,15
9
2,19
6
2,28
1
1,95
2
1,54
7
1,36
9
1,58
3
1,47
3
$242,7
18
$275,8
04
$286,7
06
$275,3
19 $347,8
26
$374,9
07
$400,1
17
$337,5
97
$255,9
05
$187,7
76
$241,0
71
$196,2
92
$-
$150,000
$300,000
$450,000
-
500
1,000
1,500
2,000
2,500
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Number of Residential (Single Family & Condominium) Units Sold vs.
Dollar Volume of Units (in $1,000's) Sold
For The Month Of March 2000-2011
Source: Multiple Listing Service of Greater Cincinnati, Inc.
March Units Sold Dollar Volume of Solds
$142,0
23 $
151,7
07
$154,2
26 $
164,1
74
$161,1
05 $
170,7
23
$175,4
13
$172,9
49
$165,4
20
$137,1
63
$152,2
87
$133,2
60
$120,000
$130,000
$140,000
$150,000
$160,000
$170,000
$180,000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Average Sales Price of Single Family & Condo Sales
For The Month Of March 2000-2011
Source: Multiple Listing Service of Greater Cincinnati, Inc.