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Can anyone tell me how many months of inventory are in the Dayton area? How many in the Cincinnati area?

I am just comparing the markets to where I am from, Vancouver, WA. We have 8 months inventory.

Thu Mar 27 2008, 16:24 - Mason - Market Conditions - 1 answer

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Kim

Home Buyer
in Vancouver

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Tracy Johns was FIRST TO ANSWER

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Kim-
I don't have the statistics on the Dayton area as they are in a separate multiple listing service than is Cincinnati. The absorption rate, which says how many months of inventory there are, in Greater Cincinnati is 9.8 months. A balanced market is one where there are 5-6 months of inventory. Keep in mind, location-location-location. Your best bet is to research the absorption rate in the specific community you're looking in.

Hope that helps!

Tracy Johns

Fri May 2 2008, 11:11

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Answered by
Tracy Johns
Real Estate Pro
in Cincinnati

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