cincinnati real estate market january 2013

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Copyright© Karen Schlosser February 2013 1,118 1,052 1,295 1,314 1,278 1,376 1,387 1,370 1,130 912 849 894 995 1,294 6,216 7,111 8,131 8,649 9,546 10,614 12,990 14,634 15,040 13,132 12,257 12,986 11,003 9,451 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 0 200 400 600 800 1,000 1,200 1,400 1,600 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Residential (Single Family & Condominium) Units Sold vs. Active Residential Inventory For The Month Of January 2000-2013 Source: Multiple Listing Service of Greater Cincinnati, Inc. January Units Sold Active Residential Inventory 7.3 Months of Housing Supply January 2013 3 6 9 12 15 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2013 2012 2011 2010 2009 2009-2013 YTD Number of Months of Housing Supply As of January 31, 2013 Source: Multiple Listing Service of Greater Cincinnati, Inc. A "balanced" market is considered between 5-6 months of inventory.

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Market statistics, charts and graphs of the residential real estate market in Cincinnati

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Page 1: Cincinnati Real Estate Market January 2013

Copyright© Karen Schlosser February 2013

1,1

18

1,0

52

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95

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2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

Residential (Single Family & Condominium) Units Sold vs. Active Residential Inventory For The Month Of January 2000-2013

Source: Multiple Listing Service of Greater Cincinnati, Inc.

January Units Sold Active Residential Inventory

7.3Months of

Housing SupplyJanuary 2013

3

6

9

12

15

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

2013 2012 2011 2010 2009

2009-2013 YTD Number of Months of Housing Supply As of January 31, 2013

Source: Multiple Listing Service of Greater Cincinnati, Inc.

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

Page 2: Cincinnati Real Estate Market January 2013

Copyright© Karen Schlosser February 2013

1,1

18

1,0

52

1,2

95

1,3

14

1,2

78

1,3

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1,600

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

Number of Residential (Single Family & Condominium) Units Sold vs. Dollar Volume of Units (in $1,000's) Sold

For The Month Of January 2000-2013Source: Multiple Listing Service of Greater Cincinnati, Inc.

January Units Sold Dollar Volume of Solds

$1

53

,71

4

$1

61

,85

9

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2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

Average Sales Price for Single Family and Condominium Units Sold For The Month Of January 2000-2013

Source: Multiple Listing Service of Greater Cincinnati, Inc.

Avg. Sales Price of Single Family Avg. Sales Price of Condominium

Page 3: Cincinnati Real Estate Market January 2013

Residential Sales (Single Family) January 2013

Residential Sales (Condominium) January 2013

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 89 $19,000 or Under 3

$20,000 thru $29,999 72 $20,000 thru $29,999 3

$30,000 thru $39,999 64 $30,000 thru $39,999 14

$40,000 thru $49,999 43 $40,000 thru $49,999 8

$50,000 thru $59,999 45 $50,000 thru $59,999 9

$60,000 thru $69,999 42 $60,000 thru $69,999 9

$70,000 thru $79,999 41 $70,000 thru $79,999 13

$80,000 thru $89,999 64 $80,000 thru $89,999 9

$90,000 thru $99,999 47 $90,000 thru $99,999 4

$100,000 thru $119,999 111 $100,000 thru $119,999 13

$120,000 thru $139,999 90 $120,000 thru $139,999 10

$140,000 thru $159,999 62 $140,000 thru $159,999 15

$160,000 thru $179,999 69 $160,000 thru $179,999 6

$180,000 thru $199,999 65 $180,000 thru $199,999 4

$200,000 thru $249,999 89 $200,000 thru $249,999 10

$250,000 thru $299,999 57 $250,000 thru $299,999 7

$300,000 thru $349,999 30 $300,000 thru $349,999 3

$350,000 thru $399,999 20 $500,000 thru $549,999 1

$400,000 thru $449,999 15 $550,000 thru $599,999 1

$450,000 thru $499,999 9

$500,000 thru $549,999 7 Summary Price Information

$550,000 thru $599,999 8 Minimum $16,000

$600,000 thru $649,999 4 Average $119,921

$650,000 thru $699,999 2 Maximum $580,000

$700,000 thru $749,999 3 Median $95,705

$750,000 thru $799,999 3

$1,500,000 thru $1,749,999

1

Summary Price Information

Minimum $1,925

Average $141,591

Maximum $1,700,000

Median $110,750

Copyright© Karen Schlosser February 2013

Page 4: Cincinnati Real Estate Market January 2013

Copyright© Karen Schlosser February 2013

500

700

900

1,100

1,300

1,500

1,700

1,900

2,100

2,300

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Residential (Single Family & Condo) Unit Sales 2009-2013 YTDSource: Multiple Listing Service of Greater Cincinnati, Inc.

NOTE: There was a tax credit from April 9, 2008* - April 30, 2010*This tax credit was instituted in November 2008 and retroactive

2009 2010 2011 2012 2013

UnitSales

January 2013

$139,213January 2013

$120,000

$130,000

$140,000

$150,000

$160,000

$170,000

$180,000

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

Residential Average Sales PriceSingle Family & Condominiums

2009-2013 YTDSOURCE: All Market Areas in Multiple Listing Service of Greater Cincinnati, Inc.

2013 2012 2011 2010 2009