October 2011 Cincinnati Real Estate Stats
Below are the latest graphs from the Multiple Listing Service of Cincinnati through the month of October 2011.
One area of special focus is on the reduction of inventory on the market. Currently, we are down to 8.2 months of inventory as compared to 9.2 months one year ago and against a high in March 2011 of 12.2 months.
Elementary economics tells us that a reduction in a months supply of inventory is a critical component to a healthier real estate market and gives us another indication of real estate market growth in 2012.
If you have any questions regarding these graphs, or other questions pertaining to Cincinnati, Ohio real estate, please feel free to contact Team Annett at, email@example.com .
Team Annett Office