RESIDENTIAL REAL ESTATE JANUARY 2009
(Single‐Family, Condos and Townhouses Combined)
ACTIVE LISTINGS, SALES AND ABSORPTION RATE ‐ GREATER CINCINNATI REGION
Includes Southwest Ohio (Hamilton, Butler, Warren and Clermont Counties) and Northern Kentucky (Boone, Kenton and Campbell Counties)
25,000 14.0
12.8
12.6
12.0
20,000
10.8
10.8
10.4 10.3
10.3 10.1 10.0
9.9 9.8
9.4 9.3
9.2 9.0
8.9 8.7 8.6
8.5
15,000 8.2
8.1 8.0
8.0 7.8
7.7 8.0 7.9
7.9
7.0 7.1
7.0
6.4
6.0
10,000
4.0
5,000
2.0
0 0.0
‐06
‐07
‐07
‐07
‐08
‐08
‐08
‐06
‐06
‐06
‐06
‐07
‐07
‐07
‐07
‐07
‐07
‐07
‐07
‐08
‐08
‐08
‐08
‐08
‐08
‐08
‐08
‐06
‐07
‐08
Aug‐
Sep‐
Nov‐
Dec‐
Jan‐
Feb‐
Mar‐
Apr‐
May‐
Aug‐
Sep‐
Nov‐
Dec‐
Jan‐
Feb‐
Mar‐
Apr‐
May‐
Aug‐
Sep‐
Nov‐
Dec‐
Jul‐
Oct‐
Jun‐
Jul‐
Oct‐
Jun‐
Jul‐
Oct‐
Active Listings Absorption Rate (in months)
Sales
AVERAGE SALES PRICE and DAYS ON MARKET ‐ GREATER CINCINNATI REGION
Includes Southwest Ohio (Hamilton, Butler, Warren and Clermont Counties) and Northern Kentucky (Boone, Kenton and Campbell Counties)
220 100
97
210 95
93 93
92
200 90
90
89 89
89 88
87 87
86
190 85
85
82
81
81 81
81 80
180 80
80 79
78
77
76 76
170 75
75 74
74
160 70
70
67
150 65
140 60
130 55
120 50
Aug‐06
Sep‐06
Nov‐06
Dec‐06
Jan‐07
Feb‐07
Mar‐07
Apr‐07
May‐07
Aug‐07
Sep‐07
Nov‐07
Dec‐07
Jan‐08
Feb‐08
Mar‐08
Apr‐08
May‐08
Aug‐08
Sep‐08
Nov‐08
Dec‐08
Jul‐06
Oct‐06
Jun‐07
Jul‐07
Oct‐07
Jun‐08
Jul‐08
Oct‐08
Average Sales Price (in $,000's) Days on Market
“This representation is based in whole or in part on data supplied by the Northern Kentucky Association of REALTORS®, the Ohio Association of REALTORS® or their Multiple Listing
Service (MLS). HUFF REALTY, the boards or their MLS does not guarantee or are in no way responsible for its accuracy. MLS may not reflect all real estate activity in the market.”

RESIDENTIAL REAL ESTATE JANUARY 2009
(Single‐Family, Condos and Townhouses Combined)
ACTIVE LISTINGS, SALES AND ABSORPTION RATE ‐ SOUTHWEST OHIO
(Hamilton, Butler, Warren and Clermont Counties)
14.0
18,000
13.0 12.9
16,000
12.0
11.0 10.9
14,000 10.9 10.8
10.7
10.2 10.1 10.0
9.8
9.7 9.6 9.3 9.4
9.4
12,000
8.7 9.0
8.4 8.4 8.1 8.3 8.2 8.1 8.2 8.1
8.1 8.0
10,000
7.3 7.3 7.1
6.7
8,000 6.0
6,000
4.0
4,000
2.0
2,000
0 0.0
‐06
‐07
‐07
‐07
‐08
‐08
‐08
‐06
‐06
‐06
‐06
‐07
‐07
‐07
‐07
‐07
‐07
‐07
‐07
‐08
‐08
‐08
‐08
‐08
‐08
‐08
‐08
‐06
‐07
‐08
Aug‐
Sep‐
Nov‐
Dec‐
Jan‐
Feb‐
Mar‐
Apr‐
May‐
Aug‐
Sep‐
Nov‐
Dec‐
Jan‐
Feb‐
Mar‐
Apr‐
May‐
Aug‐
Sep‐
Nov‐
Dec‐
Jul‐
Oct‐
Jun‐
Jul‐
Oct‐
Jun‐
Jul‐
Oct‐
Active Listings Absorption Rate (in months)
Sales
AVERAGE SALES PRICE and DAYS ON MARKET ‐ SOUTHWEST OHIO
(Hamilton, Butler, Warren and Clermont Counties)
220 100
210 95
94
93 93 92
92 91
200 90
89
89 88 88
88
86
85
190 85
82
82 82
82 81 81
81 80
180 80
78
78 77
77
76
170 75
75 75
70
160 70
69
150 65
140 60
130 55
120 50
Aug‐06
Sep‐06
Nov‐06
Dec‐06
Jan‐07
Feb‐07
Mar‐07
Apr‐07
May‐07
Aug‐07
Sep‐07
Nov‐07
Dec‐07
Jan‐08
Feb‐08
Mar‐08
Apr‐08
May‐08
Aug‐08
Sep‐08
Nov‐08
Dec‐08
Jul‐06
Oct‐06
Jun‐07
Jul‐07
Oct‐07
Jun‐08
Jul‐08
Oct‐08
Average Sales Price (in $,000's) Days on Market
“This representation is based in whole or in part on data supplied by the Ohio Association of REALTORS® or its Multiple Listing Service (MLS).
HUFF REALTY, the board or its MLS does not guarantee or is in no way responsible for its accuracy. MLS may not reflect all real estate activity in the market.”

RESIDENTIAL REAL ESTATE JANUARY 2009
(Single‐Family, Condos and Townhouses Combined)
ACTIVE LISTINGS, SALES AND ABSORPTION RATE ‐ NORTHERN KENTUCKY
(Boone, Kenton and Campbell Counties)
4,000 14.0
12.3
3,500 12.0
11.3
10.8
3,000
9.9 10.1 9.9 10.0
8.9 8.9
8.8
2,500 8.7 8.6 8.5
8.5 8.3
8.2 8.0
7.9 8.0
7.1 7.4 7.1 7.3 7.3
7.2
7.1
2,000 6.8 6.6
6.5
6.2
6.2 6.0
5.4
1,500
4.0
1,000
2.0
500
0 0.0
‐06
‐07
‐07
‐07
‐08
‐08
‐08
‐06
‐06
‐06
‐06
‐07
‐07
‐07
‐07
‐07
‐07
‐07
‐07
‐08
‐08
‐08
‐08
‐08
‐08
‐08
‐08
‐06
‐07
‐08
Aug‐
Sep‐
Nov‐
Dec‐
Jan‐
Feb‐
Mar‐
Apr‐
May‐
Aug‐
Sep‐
Nov‐
Dec‐
Jan‐
Feb‐
Mar‐
Apr‐
May‐
Aug‐
Sep‐
Nov‐
Dec‐
Jul‐
Oct‐
Jun‐
Jul‐
Oct‐
Jun‐
Jul‐
Oct‐
Active Listings Absorption Rate (in months)
Sales
AVERAGE SALES PRICE and DAYS ON MARKET ‐ NORTHERN KENTUCKY
(Boone, Kenton and Campbell Counties)
200 110
107
190
100
180
95
92
170 92
90
90 89
89
87
160 85
83 83
83 82 82 81
80
150 80
80
80
78 77
76 76
140 74 73
71 70 70
69
69
130
67
120 62
60
110
100 50
Aug‐06
Sep‐06
Nov‐06
Dec‐06
Jan‐07
Feb‐07
Mar‐07
Apr‐07
May‐07
Aug‐07
Sep‐07
Nov‐07
Dec‐07
Jan‐08
Feb‐08
Mar‐08
Apr‐08
May‐08
Aug‐08
Sep‐08
Nov‐08
Dec‐08
Jul‐06
Oct‐06
Jun‐07
Jul‐07
Oct‐07
Jun‐08
Jul‐08
Oct‐08
Average Sales Price (in $,000's) Days on Market
“This representation is based in whole or in part on data supplied by the Northern Kentucky Association of REALTORS® or its Multiple Listing Service (MLS).
HUFF REALTY, the board or its MLS does not guarantee or is in no way responsible for its accuracy. MLS may not reflect all real estate activity in the market.”

RESIDENTIAL REAL ESTATE JANUARY 2009
(Single‐Family, Condos and Townhouses Combined)
ACTIVE LISTINGS, SALES AND ABSORPTION RATE ‐ BY COUNTY
Hamilton County, Ohio Butler County, Ohio Warren County, Ohio Clermont County, Ohio
4,000 15 12
2,000 15 2,000
8,000 12
11 11
10 13 10
10 10
12
3,000 1,500 1,500
6,000 11 9
11
8 10 10 8
8
8 8
2,000 1,000 1,000 6
4,000 6
5 5 4
4 1,000 500 500
2,000 2
2
0 0
0 0 0 0
0
0
Dec‐06 Dec‐07 Dec‐08 Dec‐06 Dec‐07 Dec‐08 Dec‐06 Dec‐07 Dec‐08
Dec‐06 Dec‐07 Dec‐08
Boone County, Kentucky Kenton County, Kentucky Campbell County, Kentucky
1,200 12 15 12
2,000 800
11
11
1,000 10 10
10 12
1,500 600
9 11
800 8 10 8
8
8
6
600 6 1,000 400 6
400 4 5 4
500 200
200 2 2
0 0 0 0 0 0
Dec‐06 Dec‐07 Dec‐08 Dec‐06 Dec‐07 Dec‐08 Dec‐06 Dec‐07 Dec‐08
Active Listings Absorption Rate (in months)
Sales
AVERAGE SALES PRICE and DAYS ON MARKET ‐ BY COUNTY
Hamilton County, Ohio Butler County, Ohio Warren County, Ohio Clermont County, Ohio
240
88 120
180 200 100 100
250
94
105
235
86 86 100
170 80 200
80 77 95
92
150 95
230 83
84 84 80
160 60 150
225 91
82 60
100 90
220
150 40 100
81 87
80 40
215
50 85
140 20 50
78 20
210
130 0 205
76 0
0 0 80
Dec‐06 Dec‐07 Dec‐08
Dec‐06 Dec‐07 Dec‐08 Dec‐06 Dec‐07 Dec‐08 Dec‐06 Dec‐07 Dec‐08
Boone County, Kentucky Kenton County, Kentucky Campbell County, Kentucky
150 120
200 92 90 200
89
145
90 104
90 100
93
190 150
140
88 85 80
135
86 69
83
85
180 100 60
130
84
83 80 80 40
125
82
170 50
20
120
80
160 115
78 75 0 0
Dec‐06 Dec‐07 Dec‐08
Dec‐06 Dec‐07 Dec‐08 Dec‐06 Dec‐07 Dec‐08
Average Sales Price (in $,000's) Days on Market
“This representation is based in whole or in part on data supplied by the Northern Kentucky Association of REALTORS®, the Ohio Association of REALTORS® or their Multiple Listing
Service (MLS). HUFF REALTY, the boards or their MLS does not guarantee or are in no way responsible for its accuracy. MLS may not reflect all real estate activity in the market.”

SINGLE‐FAMILY HOMES JANUARY 2009
ACTIVE LISTINGS, SALES AND ABSORPTION RATE ‐ GREATER CINCINNATI REGION
Includes Southwest Ohio (Hamilton, Butler, Warren and Clermont Counties) and Northern Kentucky (Boone, Kenton and Campbell Counties)
14.0
18,000
16,000
12.0
11.9 11.6
14,000
10.3 10.0 10.0
9.9
9.9
9.7 9.4 9.7 9.6
12,000
9.0 8.9
8.7 8.5
8.5
8.1 8.1 8.0 8.0
7.8
10,000 7.8
7.5 7.7
7.7 7.7
7.5 7.3
6.9 6.9
6.9
6.3
8,000 6.0
6,000
4.0
4,000
2.0
2,000
0 0.0
ug‐06
eb‐07
Apr‐07
ug‐07
eb‐08
Apr‐08
ug‐08
ep‐06
Oct‐06
ov‐06
Dec‐06
an‐07
Mar‐07
ay‐07
un‐07
ep‐07
Oct‐07
ov‐07
Dec‐07
an‐08
Mar‐08
ay‐08
un‐08
ep‐08
Oct‐08
ov‐08
Dec‐08
Jul‐06
Jul‐07
Jul‐08
Au
No
Ma
Au
No
Ma
Au
No
Ja
Ja
Se
Fe
Se
Fe
Se
Ju
Ju
O
O
O
J
J
J
Active Listings Absorption Rate (in months)
Sales
AVERAGE SALES PRICE and DAYS ON MARKET ‐ GREATER CINCINNATI REGION
Includes Southwest Ohio (Hamilton, Butler, Warren and Clermont Counties) and Northern Kentucky (Boone, Kenton and Campbell Counties)
220 95
91 91
91
210 90
89
88
88 88
88
86
200
85
84
84
84
82
190
80 80
80
79 79
78 78 77
77
180 77
76 75
74 74
74 74
170 72
70
160 68
65
65
150
60
140
55
130
50
120
Aug‐06
Sep‐06
Nov‐06
Dec‐06
Jan‐07
Feb‐07
Mar‐07
Apr‐07
May‐07
Aug‐07
Sep‐07
Nov‐07
Dec‐07
Jan‐08
Feb‐08
Mar‐08
Apr‐08
May‐08
Aug‐08
Sep‐08
Nov‐08
Dec‐08
Jul‐06
Oct‐06
Jun‐07
Jul‐07
Oct‐07
Jun‐08
Jul‐08
Oct‐08
Average Sales Price (in $,000's) Days on Market
“This representation is based in whole or in part on data supplied by the Northern Kentucky Association of REALTORS®, the Ohio Association of REALTORS® or their Multiple Listing
Service (MLS). HUFF REALTY, the boards or their MLS does not guarantee or are in no way responsible for its accuracy. MLS may not reflect all real estate activity in the market.”

SINGLE‐FAMILY HOMES JANUARY 2009
ACTIVE LISTINGS, SALES AND ABSORPTION RATE ‐ SOUTHWEST OHIO
(Hamilton, Butler, Warren and Clermont Counties)
16,000 14.0
14,000 12.2 12.0
11.7
12,000 10.5 10.4
10.4 10.3 10.1
10.1 10.0
9.4 9.7
9.3 9.1
9.1 9.1
10,000 8.7
8.1 8.4
7.9 8.1 8.1 8.0
8.0 7.9
8.0 7.8 7.7 7.5
7.2 7.1 7.0
8,000
6.6
6.0
6,000
4.0
4,000
2.0
2,000
0 0.0
ug‐06
eb‐07
Apr‐07
ug‐07
eb‐08
Apr‐08
ug‐08
ep‐06
Oct‐06
ov‐06
Dec‐06
an‐07
Mar‐07
ay‐07
un‐07
ep‐07
Oct‐07
ov‐07
Dec‐07
an‐08
Mar‐08
ay‐08
un‐08
ep‐08
Oct‐08
ov‐08
Dec‐08
Jul‐06
Jul‐07
Jul‐08
Au
No
Ma
Au
No
Ma
Au
No
Ja
Ja
Se
Fe
Se
Fe
Se
Ju
Ju
O
O
O
J
J
J
Active Listings Absorption Rate (in months)
Sales
AVERAGE SALES PRICE and DAYS ON MARKET ‐ SOUTHWEST OHIO
(Hamilton, Butler, Warren and Clermont Counties)
220 95
92 91 91 91
210 90 90
90
87
86
200 86 85
85
84 84
82
190
81 80
80 79 79 79
79 78 77
180 77
77
76
75 75
74
74
170 73
70
68
160
66 65
150
60
140
55
130
50
120
Aug‐06
Sep‐06
Nov‐06
Dec‐06
Jan‐07
Feb‐07
Mar‐07
Apr‐07
May‐07
Aug‐07
Sep‐07
Nov‐07
Dec‐07
Jan‐08
Feb‐08
Mar‐08
Apr‐08
May‐08
Aug‐08
Sep‐08
Nov‐08
Dec‐08
Jul‐06
Oct‐06
Jun‐07
Jul‐07
Oct‐07
Jun‐08
Jul‐08
Oct‐08
Average Sales Price (in $,000's) Days on Market
“This representation is based in whole or in part on data supplied by the Ohio Association of REALTORS® or its Multiple Listing Service (MLS).
HUFF REALTY, the board or its MLS does not guarantee or is in no way responsible for its accuracy. MLS may not reflect all real estate activity in the market.”

SINGLE‐FAMILY HOMES JANUARY 2009
ACTIVE LISTINGS, SALES AND ABSORPTION RATE ‐ NORTHERN KENTUCKY
(Boone, Kenton and Campbell Counties)
3,500 12.0
11.1
10.5
3,000
10.0
9.9
9.7
9.3 9.5
2,500 8.4 8.4
8.2 8.2 8.0
8.0
7.8 7.7 7.7
7.4 7.6 7.5
7.1 7.1
7.1
2,000 6.6 6.6
6.6 6.5
6.3 6.5 6.2 6.4
6.0
5.9
5.2
1,500
4.0
1,000
2.0
500
0 0.0
ug‐06
eb‐07
Apr‐07
ug‐07
eb‐08
Apr‐08
ug‐08
ep‐06
Oct‐06
ov‐06
Dec‐06
an‐07
Mar‐07
ay‐07
un‐07
ep‐07
Oct‐07
ov‐07
Dec‐07
an‐08
Mar‐08
ay‐08
un‐08
ep‐08
Oct‐08
ov‐08
Dec‐08
Jul‐06
Jul‐07
Jul‐08
Au
No
Ma
Au
No
Ma
Au
No
Ja
Ja
Se
Fe
Se
Fe
Se
Ju
Ju
O
O
O
J
J
J
Active Listings Absorption Rate (in months)
Sales
AVERAGE SALES PRICE and DAYS ON MARKET ‐ NORTHERN KENTUCKY
(Boone, Kenton and Campbell Counties)
200 100
95
180 93
90 90
90
89
160
86
84
84
84
82
140
80 80
80 79 79
79 78 78
77
77
120 76
75
74 73
72
71
100 70
70
67
67 65
80
61 60
60
40
50
20
0 40
Aug‐06
Sep‐06
Nov‐06
Dec‐06
Jan‐07
Feb‐07
Mar‐07
Apr‐07
May‐07
Aug‐07
Sep‐07
Nov‐07
Dec‐07
Jan‐08
Feb‐08
Mar‐08
Apr‐08
May‐08
Aug‐08
Sep‐08
Nov‐08
Dec‐08
Jul‐06
Oct‐06
Jun‐07
Jul‐07
Oct‐07
Jun‐08
Jul‐08
Oct‐08
Average Sales Price (in $,000's) Days on Market
“This representation is based in whole or in part on data supplied by the Northern Kentucky Association of REALTORS® or its Multiple Listing Service (MLS).
HUFF REALTY, the board or its MLS does not guarantee or is in no way responsible for its accuracy. MLS may not reflect all real estate activity in the market.”

SINGLE‐FAMILY HOMES JANUARY 2009
ACTIVE LISTINGS, SALES AND ABSORPTION RATE ‐ BY COUNTY
Hamilton County, Ohio Butler County, Ohio Warren County, Ohio Clermont County, Ohio
6,000 12 3,000 12 2,000 15 1,500 12
11
11 11
10
5,000 10 2,500 10 10
13 9
9 1,500
10 8
8
4,000 8 2,000 8 10 1,000 8
8
8
3,000 6 1,500 6 1,000 6
2,000 4 1,000 4 5 500 4
500
1,000 2 500 2 2
0 0 0 0 0 0 0 0
Dec‐06 Dec‐07 Dec‐08 Dec‐06 Dec‐07 Dec‐08 Dec‐06 Dec‐07 Dec‐08
Dec‐06 Dec‐07 Dec‐08
Boone County, Kentucky Kenton County, Kentucky Campbell County, Kentucky
1,500 12 15
10 500
1,000
9 11
9 10
10
8 400
800 12
11
1,000 8 10
6 8
6 300
600
6 7
4 200
400
500 4 5
2 100
200 2
0
0 0 0 0
0
Dec‐06 Dec‐07 Dec‐08 Dec‐06 Dec‐07 Dec‐08 Dec‐06 Dec‐07 Dec‐08
Active Listings Absorption Rate (in months)
Sales
AVERAGE SALES PRICE and DAYS ON MARKET ‐ BY COUNTY
Hamilton County, Ohio Butler County, Ohio Warren County, Ohio Clermont County, Ohio
250 120 92
200 84 200 100 250
94 106
245 100
82 80 200
82 80 76 90
150 150 90 90
83
240 80
80 60 150
80
235 60 88
100 100 88
78 40 100
230 40
77 86
50 50 86
76 20 50
225 20
74 0 220 0 0 84
0 0
Dec‐06 Dec‐07 Dec‐08 Dec‐06 Dec‐07 Dec‐08
Dec‐06 Dec‐07 Dec‐08 Dec‐06 Dec‐07 Dec‐08
Boone County, Kentucky Kenton County, Kentucky Campbell County, Kentucky
220 150 95 200 120
95
94 111
100
210 90 91
140 90 150 90
80
200
73
85 87
130 85 100 60
190 82
81 80 82 40
180
120 80 50
75 20
170
75
70 110 0 0
160
Dec‐06 Dec‐07 Dec‐08 Dec‐06 Dec‐07 Dec‐08 Dec‐06 Dec‐07 Dec‐08
Average Sales Price (in $,000's) Days on Market
“This representation is based in whole or in part on data supplied by the Northern Kentucky Association of REALTORS®, the Ohio Association of REALTORS® or their Multiple Listing
Service (MLS). HUFF REALTY, the boards or their MLS does not guarantee or are in no way responsible for its accuracy. MLS may not reflect all real estate activity in the market.”

CONDOS AND TOWNHOUSES JANUARY 2009
ACTIVE LISTINGS, SALES AND ABSORPTION RATE ‐ GREATER CINCINNATI REGION
Includes Southwest Ohio (Hamilton, Butler, Warren and Clermont Counties) and Northern Kentucky (Boone, Kenton and Campbell Counties)
3,500 30.0
3,000
25.0
23.8
2,500
20.0
18.9
2,000
16.4
15.8
15.0
13.4 14.0 13.8
13.6
12.9 13.4
12.8 13.3
1,500 12.8
12.6 12.1 12.2
11.7
11.0 11.6 10.6 11.1
10.0
9.7 9.6 9.1 9.2
8.9
1,000
7.8 8.2
8.0
6.8
5.0
500
0 0.0
ug‐06
eb‐07
Apr‐07
ug‐07
eb‐08
Apr‐08
ug‐08
ep‐06
Oct‐06
ov‐06
Dec‐06
an‐07
Mar‐07
ay‐07
un‐07
ep‐07
Oct‐07
ov‐07
Dec‐07
an‐08
Mar‐08
ay‐08
un‐08
ep‐08
Oct‐08
ov‐08
Dec‐08
Jul‐06
Jul‐07
Jul‐08
Au
No
Ma
Au
No
Ma
Au
No
Ja
Ja
Se
Fe
Se
Fe
Se
Ju
Ju
O
O
O
J
J
J
Active Listings Absorption Rate (in months)
Sales
AVERAGE SALES PRICE and DAYS ON MARKET ‐ GREATER CINCINNATI REGION
Includes Southwest Ohio (Hamilton, Butler, Warren and Clermont Counties) and Northern Kentucky (Boone, Kenton and Campbell Counties)
200 160
180
140
138
160
120
116
113 113
111
140 109 108
105
105
99 101 100
98
98
95
95 94 94 92
120 92 91
91 90
87 87
86 86
82 82
81 80
75
100
60
80
60 40
Aug‐06
Sep‐06
Nov‐06
Dec‐06
Jan‐07
Feb‐07
Mar‐07
Apr‐07
May‐07
Aug‐07
Sep‐07
Nov‐07
Dec‐07
Jan‐08
Feb‐08
Mar‐08
Apr‐08
May‐08
Aug‐08
Sep‐08
Nov‐08
Dec‐08
Jul‐06
Oct‐06
Jun‐07
Jul‐07
Oct‐07
Jun‐08
Jul‐08
Oct‐08
Average Sales Price (in $,000's) Days on Market
“This representation is based in whole or in part on data supplied by the Northern Kentucky Association of REALTORS®, the Ohio Association of REALTORS® or their Multiple Listing
Service (MLS). HUFF REALTY, the boards or their MLS does not guarantee or are in no way responsible for its accuracy. MLS may not reflect all real estate activity in the market.”

CONDOS AND TOWNHOUSES JANUARY 2009
ACTIVE LISTINGS, SALES AND ABSORPTION RATE ‐ SOUTHWEST OHIO
(Hamilton, Butler, Warren and Clermont Counties)
3,000 30.0
2,500 25.0
24.9
20.3
2,000 20.0
16.6
15.6
15.3 15.1
1,500 15.0
14.8
14.2
14.1
13.8
13.5
13.3 12.7 13.2
12.5
12.0 12.0 11.6
11.5
11.2 10.6
10.4
1,000 10.0
9.9 9.4 9.8
9.6
8.2 7.7
8.1
6.9
500 5.0
0 0.0
ug‐06
eb‐07
Apr‐07
ug‐07
eb‐08
Apr‐08
ug‐08
ep‐06
Oct‐06
ov‐06
Dec‐06
an‐07
Mar‐07
ay‐07
un‐07
ep‐07
Oct‐07
ov‐07
Dec‐07
an‐08
Mar‐08
ay‐08
un‐08
ep‐08
Oct‐08
ov‐08
Dec‐08
Jul‐06
Jul‐07
Jul‐08
Au
No
Ma
Au
No
Ma
Au
No
Ja
Ja
Se
Fe
Se
Fe
Se
Ju
Ju
O
O
O
J
J
J
Active Listings Absorption Rate (in months)
Sales
AVERAGE SALES PRICE and DAYS ON MARKET ‐ SOUTHWEST OHIO
(Hamilton, Butler, Warren and Clermont Counties)
180 130
170 120
117
116 115
160 111 110
109
108
108
106 105 106
103
150 102
102
102 102 100
97
96 95 95
140 94 92
92 91 90
89 88 88
86
130
83
80
80 79
120
70
110
60
100
50
90
40
80
Aug‐06
Sep‐06
Nov‐06
Dec‐06
Jan‐07
Feb‐07
Mar‐07
Apr‐07
May‐07
Aug‐07
Sep‐07
Nov‐07
Dec‐07
Jan‐08
Feb‐08
Mar‐08
Apr‐08
May‐08
Aug‐08
Sep‐08
Nov‐08
Dec‐08
Jul‐06
Oct‐06
Jun‐07
Jul‐07
Oct‐07
Jun‐08
Jul‐08
Oct‐08
Average Sales Price (in $,000's) Days on Market
“This representation is based in whole or in part on data supplied by the Ohio Association of REALTORS® or its Multiple Listing Service (MLS).
HUFF REALTY, the board or its MLS does not guarantee or is in no way responsible for its accuracy. MLS may not reflect all real estate activity in the market.”

CONDOS AND TOWNHOUSES JANUARY 2009
ACTIVE LISTINGS, SALES AND ABSORPTION RATE ‐ NORTHERN KENTUCKY
(Boone, Kenton and Campbell Counties)
25.0
900
800
20.8
20.0
700
600 16.6
16.0
15.3 15.0
14.5
14.2
500 13.8
13.3
13.2
12.6
400 11.0
10.8
10.8 10.6
10.5 10.4 10.3 10.1
10.3 10.2 10.0
9.9
9.1
8.6 8.5
300
7.7
7.6
7.5 7.3
6.6 6.6
200
5.0
100
0 0.0
ug‐06
eb‐07
Apr‐07
ug‐07
eb‐08
Apr‐08
ug‐08
ep‐06
Oct‐06
ov‐06
Dec‐06
an‐07
Mar‐07
ay‐07
un‐07
ep‐07
Oct‐07
ov‐07
Dec‐07
an‐08
Mar‐08
ay‐08
un‐08
ep‐08
Oct‐08
ov‐08
Dec‐08
Jul‐06
Jul‐07
Jul‐08
Au
No
Ma
Au
No
Ma
Au
No
Ja
Ja
Se
Fe
Se
Fe
Se
Ju
Ju
O
O
O
J
J
J
Active Listings Absorption Rate (in months)
Sales
AVERAGE SALES PRICE and DAYS ON MARKET ‐ NORTHERN KENTUCKY
(Boone, Kenton and Campbell Counties)
330 250
200
191
220
150
148
122 120
108 104 104 107
104 105 100
92 92
89 88
87 86
85
110 83 83
81 79 78
78 77
74
71 67
67 65
64
50
0 0
Aug‐06
Sep‐06
Nov‐06
Dec‐06
Jan‐07
Feb‐07
Mar‐07
Apr‐07
May‐07
Aug‐07
Sep‐07
Nov‐07
Dec‐07
Jan‐08
Feb‐08
Mar‐08
Apr‐08
May‐08
Aug‐08
Sep‐08
Nov‐08
Dec‐08
Jul‐06
Oct‐06
Jun‐07
Jul‐07
Oct‐07
Jun‐08
Jul‐08
Oct‐08
Average Sales Price (in $,000's) Days on Market
“This representation is based in whole or in part on data supplied by the Northern Kentucky Association of REALTORS® or its Multiple Listing Service (MLS).
HUFF REALTY, the board or its MLS does not guarantee or is in no way responsible for its accuracy. MLS may not reflect all real estate activity in the market.”

CONDOS AND TOWNHOUSES JANUARY 2009
ACTIVE LISTINGS, SALES AND ABSORPTION RATE ‐ BY COUNTY
Hamilton County, Ohio Butler County, Ohio Warren County, Ohio Clermont County, Ohio
1,500 300
20 15 300
400 20 20
19 14
18 13
250 250
16
15 300 15 15
15
14
1,000 200 10 200 13
12 11 11
10 150
200 10 150 10
7
500 100 5 100
5 100 5 5
50 50
0 0 0
0 0 0 0 0
Dec‐06 Dec‐07 Dec‐08 Dec‐06 Dec‐07 Dec‐08 Dec‐06 Dec‐07 Dec‐08
Dec‐06 Dec‐07 Dec‐08
Boone County, Kentucky Kenton County, Kentucky Campbell County, Kentucky
20 300 15
250 25 250
17 250 12
200 20 200
20
15
17
200 10
9
150 15 150 8
13
10 150
8
100 10 100
7 100 5
5
50 5 50
50
0 0 0 0
0 0
Dec‐06 Dec‐07 Dec‐08 Dec‐06 Dec‐07 Dec‐08 Dec‐06 Dec‐07 Dec‐08
Active Listings Absorption Rate (in months)
Sales
AVERAGE SALES PRICE and DAYS ON MARKET ‐ BY COUNTY
Hamilton County, Ohio Butler County, Ohio Warren County, Ohio Clermont County, Ohio
120 150 100 200 120 150 200
250
97 104
117 102 100 164
95
200 116 150
115 150
85
100 80 100
90
150
88 100 60
110 100
98
85
100 77
50 40 50
83
106 50
105 50
80
50 20
75 0 0
0 100 0 0 0
Dec‐06 Dec‐07 Dec‐08 Dec‐06 Dec‐07 Dec‐08 Dec‐06 Dec‐07 Dec‐08
Dec‐06 Dec‐07 Dec‐08
Boone County, Kentucky Kenton County, Kentucky Campbell County, Kentucky
200 120 185 120
80 140
75
107 100 180 100
67 100
91
150 60 135 86
80 175 80
76 48
100 60 170 40 130 60
57
40 165 40
50 20 125
20 160 20
0 0 155 0 120 0
Dec‐06 Dec‐07 Dec‐08 Dec‐06 Dec‐07 Dec‐08 Dec‐06 Dec‐07 Dec‐08
Average Sales Price (in $,000's) Days on Market
“This representation is based in whole or in part on data supplied by the Northern Kentucky Association of REALTORS®, the Ohio Association of REALTORS® or their Multiple Listing
Service (MLS). HUFF REALTY, the boards or their MLS does not guarantee or are in no way responsible for its accuracy. MLS may not reflect all real estate activity in the market.”