october 2010 - state of the market
DESCRIPTION
Market Statistics for the Greater Cincinnati AreaTRANSCRIPT
![Page 1: October 2010 - State Of The Market](https://reader035.vdocuments.site/reader035/viewer/2022081817/568bd60d1a28ab20349aab1d/html5/thumbnails/1.jpg)
©Copyright Karen Schlosser November 2010
1,0
81
1,1
76
1,3
03
1,3
35
1,1
81
1,2
85
1,5
12
1,6
06
1,6
48
1,6
09
1,6
11
1,7
09
1,8
12
2,0
63
2,0
61
2,1
24
1,9
81
1,7
40
1,4
85
1,7
20
1,0
71
6,6
95
6,9
38
6,7
29
6,3
49
6,9
51
7,1
03
7,9
68
7,7
79
7,3
64
6,7
74
7,5
79
8,8
37
9,2
31
10,1
73
11,7
89
13,5
23
16,4
25
17,0
72
15,4
03
12,8
96
14,0
94
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
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Residential (Single Family & Condo) Units Sold & Active Residential InventoryOctober 1990 - 2010
Source: Multiple Listing Service of Greater Cincinnati, Inc.
October 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
3
6
9
12
15
JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC2010 YTD 2009 YTD 2008 YTD 2007 YTD 2006 YTD 2005 YTD
2004 YTD 2003 YTD 2002 YTD 2001 YTD 2000 YTD
2000-2010 YTD Housing Supply "Absorption Rate" as of 10/31/10
Source: Multiple Listing Service of Greater Cincinnati, Inc.
A "balanced" market is
considered between 5-6 months of inventory.
![Page 2: October 2010 - State Of The Market](https://reader035.vdocuments.site/reader035/viewer/2022081817/568bd60d1a28ab20349aab1d/html5/thumbnails/2.jpg)
©Copyright Karen Schlosser November 2010
$1
02
,93
7
$1
00
,29
6
$1
03
,31
2
$1
08
,82
7
$1
16
,06
2
$1
23
,30
3
$1
24
,44
0
$1
30
,07
5
$1
40
,94
9
$1
45
,84
7
$1
55
,61
0
$1
54
,82
3
$1
62
,45
3
$1
67
,45
3
$1
73
,35
3
$1
77
,79
0
$1
70
,86
8
$1
67
,01
3
$1
53
,93
5
$1
50
,54
3
$1
61
,61
4
$100,000
$110,000
$120,000
$130,000
$140,000
$150,000
$160,000
$170,000
$180,000
$190,000
1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Residential (Single Family & Condo) Average Sales PriceOctober 1990-2010
Source: Multiple Listing Service of Greater Cincinnati, Inc.
$1
,14
9,5
25
$1
,15
9,8
72
$1
,37
4,6
24
$1
,51
1,1
29
$1
,57
7,5
37
$1
,55
3,6
26
$1
,83
8,4
89
$1
,91
7,5
26
$2
,24
5,7
76
$2
,43
7,2
18
$2
,63
5,3
46
$2
,83
2,0
72
$3
,05
0,7
64
$3
,44
0,6
93
$3
,76
7,3
42
$4
,08
5,1
63
$3
,90
4,5
29
$3
,37
8,1
09
$2
,64
6,3
90
$2
,37
6,3
01
$2
,29
8,7
99
11
,85
1
11
,48
3 13
,03
4
13
,99
4
13
,89
1
13
,50
5 15
,56
5
15
,65
1
17
,38
4
17
,96
3
17
,37
4
18
,12
6
18
,79
5
20
,58
5
21
,80
4
22
,80
6
21
,82
4
19
,31
2
16
,25
0
15
,72
3
14
,40
7
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
$3,500,000
$4,000,000
$4,500,000
0
5,000
10,000
15,000
20,000
25,000
199019911992199319941995199619971998199920002001200220032004200520062007200820092010
Number Of Residential Units Sold & Total Dollar Volume Of Sales (in $1,000's)Single Family & Condo
January- October 1990-2010 YTDSource: Multiple Listing Service of Greater Cincinnati, Inc.
$ Volume of Solds Jan-Oct Units Sold