<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEET AS OF SEPTEMBER 30, 1999 AND THE CONSOLIDATED STATEMENT OF INCOME FOR THE NINE MONTHS THEN ENDED OF M/I SCHOTTENSTEIN HOMES, INC. AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> SEP-30-1999 <CASH> 6,182 <SECURITIES> 0 <RECEIVABLES> 38,293 <ALLOWANCES> 0 <INVENTORY> 434,925 <CURRENT-ASSETS> 479,400 <PP&E> 26,118 <DEPRECIATION> 6,295 <TOTAL-ASSETS> 530,425 <CURRENT-LIABILITIES> 125,706 <BONDS> 14,730 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 88 <OTHER-SE> 194,801 <TOTAL-LIABILITY-AND-EQUITY> 530,425 <SALES> 586,000 <TOTAL-REVENUES> 597,443 <CGS> 466,600 <TOTAL-COSTS> 466,600 <OTHER-EXPENSES> 70,530 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 10,091 <INCOME-PRETAX> 50,222 <INCOME-TAX> 19,839 <INCOME-CONTINUING> 30,383 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 30,383 <EPS-BASIC> 3.45 <EPS-DILUTED> 3.42