may 2012 - real estate market stats for cincinnati
DESCRIPTION
Residential market stats for Cincinnati real estate, May 2012.TRANSCRIPT
Copyright June 2012 Karen Schlosser
2,0
93
2,1
46
2,2
14
2,3
45
2,4
53
2,6
60
2,5
84
2,3
34
1,9
07
1,6
36
2,0
97
1,6
64
1,9
03
6,9
96 8,2
80
8,5
72 9,5
68 1
0,9
24
12,2
59
15,7
67
17,1
07
16,0
39
14,0
52
14,2
34
13,8
80
12,2
98
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
0
500
1,000
1,500
2,000
2,500
3,000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Residential Units Sold & Active Residential Inventory(Single Family & Condo)
May 2000-2012Source: MLS of Greater Cincinnati, Monthly & Yearly Updates
May Units Sold Active Residential Inventory
11.1
9.6
7.7 7.8
6.5
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 05/31/12
Source: Multiple Listing Service of Greater Cincinnati, Inc.
A "balanced" market is considered between 5-6 months of inventory.
Copyright June 2012 Karen Schlosser
2,0
93
2,1
46
2,2
14
2,3
45
2,4
53
2,6
60
2,5
84
2,3
34
1,9
07
1,6
36
2,0
97
1,6
64
1,9
03
$3
14
,22
2
$3
37
,67
4
$3
57
,81
3
$3
90
,68
8
$4
27
,51
3
$4
82
,92
3
$4
59
,73
0
$4
12
,48
0
$3
24
,19
4
$2
58
,47
6
$2
76
,52
1
$2
53
,92
0
$2
99
,77
3
$-
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
0
500
1,000
1,500
2,000
2,500
3,000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Residential Units Sold & Total Dollar Volume Of Sold(Single Family & Condo)
May 2000-2012Source: Multiple Listing Service of Greater Cincinnati, Inc.
May Units Sold Total Dollar Volume
$1
50
,13
0
$1
57
,35
0
$1
61
,61
4
$1
66
,60
5
$1
74
,28
2
$1
81
,55
0
$1
77
,91
4
$1
76
,72
7
$1
70
,00
2
$1
57
,99
3
$1
59
,17
1
$1
52
,59
6
$1
57
,52
7
$150,000
$200,000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Average Sales Price Of Residential Units Sold(Single Family & Condo)
May 2000-2012Source: Multiple Listing Service of Greater Cincinnati, Inc.
Residential Sales (Single Family) May2012
Residential Sales (Condominium) May2012
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 105
$19,000 or Under 1
$20,000 thru $29,999 74
$20,000 thru $29,999 5
$30,000 thru $39,999 52
$30,000 thru $39,999 8
$40,000 thru $49,999 62
$40,000 thru $49,999 15
$50,000 thru $59,999 66
$50,000 thru $59,999 10
$60,000 thru $69,999 82
$60,000 thru $69,999 22
$70,000 thru $79,999 50
$70,000 thru $79,999 16
$80,000 thru $89,999 57
$80,000 thru $89,999 11
$90,000 thru $99,999 71
$90,000 thru $99,999 17
$100,000 thru $119,999 130
$100,000 thru $119,999 18
$120,000 thru $139,999 124
$120,000 thru $139,999 23
$140,000 thru $159,999 144
$140,000 thru $159,999 19
$160,000 thru $179,999 122
$160,000 thru $179,999 10
$180,000 thru $199,999 74
$180,000 thru $199,999 10
$200,000 thru $249,999 170
$200,000 thru $249,999 15
$250,000 thru $299,999 100
$250,000 thru $299,999 6
$300,000 thru $349,999 70
$300,000 thru $349,999 1
$350,000 thru $399,999 58
$350,000 thru $399,999 2
$400,000 thru $449,999 19
$400,000 thru $449,999 1
$450,000 thru $499,999 15
$450,000 thru $499,999 2
$500,000 thru $549,999 9
$550,000 thru $599,999 1
$550,000 thru $599,999 7
$600,000 thru $649,999 1
$600,000 thru $649,999 7
TOTAL 214
$650,000 thru $699,999 5
$700,000 thru $749,999 3
Minimum $15,000
$750,000 thru $799,999 2
Maximum $640,000
$800,000 thru $849,999 3
Average $124,719
$850,000 thru $899,999 2
Median $103,375
$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 2
TOTAL 1689 Minimum $3,500 Maximum $1,250,000 Average $161,683 Median $135,000 Copyright June 2012 Karen Schlosser