Sales
Sales in July were 55. This is up 7.8% from 51 in July of 2008. Sales/list price ratio in July moved up to 87.6% from 84.2% in June.
Prices
Median price in July was $2,162,500. This is down 2.8% from $2,225,000 in July of 2008. Average sale price (most recent 3 months) is $3,008,068, up moderately from $2,775,895 in 2008.
Inventory
Inventory is 339, down substantially from 546 in 2008. New listings of 87 in July were down moderately from 94 in June and down somewhat from 93 in July of 2008.
Market Time
Days on market of 148 in July was down modestly from 160 in June but up somewhat from 131 in July of 2008. Months of supply in July moved down to 30.2 from 31.1 in June.
