december 2010 & year end - state of the market charts
DESCRIPTION
These are the market data charts for the Greater Cincinnati area for December 1990-2010 and Year End 1990-2010.TRANSCRIPT
Copyright© Karen Schlosser January 2011
794
992
1,3
08
1,3
02
1,0
87
1,0
75
1,1
91
1,3
90
1,5
37
1,3
77
1,2
09
1,5
24
1,5
75
1,7
00
1,7
94
1,7
73
1,6
74
1,3
51
1,2
71
1,3
06
1,1
96
5,9
41
6,2
86
5,6
92
5,6
93
6,1
40
6,2
92
7,0
53
6,7
55
6,3
18
5,9
16
6,6
16 7,8
41
8,2
42
9,1
65 10,3
50 1
2,2
45 1
4,0
53
14,5
86
13,2
73
11,6
35
12,5
82
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
600
800
1,000
1,200
1,400
1,600
1,800
2,000
199019911992199319941995199619971998199920002001200220032004200520062007200820092010
Number of Residential Units Sold vs. Active Residential Inventory (Single Family & Condo) December 1990-2010
Source: Multiple Listing Service of Greater Cincinnati, Inc.
Dec Units Sold Active Residential Inventory
14.4
13.4
8.6
7.5
6.8 6.8
11.5 11.3 11.5
13.1
12.5
10.5
3
6
9
12
15
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
2000-2010 YTD Housing Supply "Absorption Rate" as of 12/31/10
Source: Multiple Listing Service of Greater Cincinnati, Inc.
2010 YTD 2009 YTD 2008 YTD 2007 YTD 2006 YTD 2005 YTD
2004 YTD 2003 YTD 2002 YTD 2001 YTD 2000 YTD
A "balanced" market is
considered between 5-6 months of inventory.
Copyright© Karen Schlosser January 2011
$77,4
79
$102,5
94
$135,3
22
$143,0
20
$123,5
55
$126,3
57
$139,8
55
$171,2
64
$203,9
14
$185,1
35
$179,5
68
$241,0
25
$261,2
26
$299,0
30
$315,0
14
$319,1
23
$292,9
06
$230,0
67
$179,9
73
$199,5
55
$191,9
24
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
199019911992199319941995199619971998199920002001200220032004200520062007200820092010
Number of Units Sold vs. Dollar Volume of Units Sold (Volume in 1,000's) Residential (Single Family & Condo) December 1990-2010
Source: Multiple Listing Service of Greater Cincinnati, Inc.
Units Sold Dollar Volume of Units Sold (in $1,000's)
$97
,581
$10
3,4
21
$1
03,4
57
$1
09,8
46
$11
3,6
66
$11
7,54
1
$117
,427
$123
,212
$13
2,67
0
$13
4,4
48 $14
8,52
6
$158
,153
$1
65
,85
8
$175
,900
$175
,593
$179
,990
$174
,974
$1
44
,42
4
$14
1,60
0
$152
,799
$160
,472
$50,000
$70,000
$90,000
$110,000
$130,000
$150,000
$170,000
$190,000
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Average Sales Price - December 1990-2010Source: Multiple Listing Service of Greater Cincinnati, Inc.
Copyright© Karen Schlosser January 2011
13,6
30
13,5
31
15,5
32
16,7
15
16,1
02
15,7
73
18,0
34
18,3
53
20,5
51
20,8
76
20,1
56
21,3
20
22,0
50
23,7
72
25,5
25
26,5
54
25,2
11
22,2
56
18,7
26
18,7
83
16,6
91$1,3
19,3
50
$1,3
62,8
79
$1,6
37,0
81
$1,7
99,9
86
$1,8
19,6
17
$1,8
23,4
34
$2,1
26,2
91
$2,2
51,3
52
$2,6
56,4
10
$2,8
31,9
43
$3,0
53,1
14
$3,3
29,3
91
$3,5
81,0
23
$3,9
88,0
71
$4,4
13,5
85
$4,7
66,1
31
$4,4
95,1
83
$3,8
69,6
11
$3,0
40,1
69
$2,8
30,1
01
$2,6
51,6
78
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$5,000,000
10,000
12,000
14,000
16,000
18,000
20,000
22,000
24,000
26,000
28,000
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Number of Residential Units Sold vs. Dollar Volume of Residential Units Sold (Volume in 1,000's)
January-December 1990-2010 YTD Source: Multiple Listing Service of Greater Cincinnati
Jan-Dec Units Sold $ Volume of Solds (in $1,000's)
$96,
798
$100
,723
$105
,401
$107
,687
$11
3,00
6
$11
5,60
5
$117
,905
$12
2,66
9
$12
9,25
9
$135
,655 $15
1,56
7
$155
,512
$162
,365
$167
,638
$172
,095
$179
,989
$177
,819
$172
,894
$16
1,40
4
$150
,873
$158
,869
$50,000
$100,000
$150,000
$200,000
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Average Sales Price - Residential (Single Family & Condo)Year End 1990-2010
Source: Multiple Listing Service of Greater Cincinnati, Inc.