Sales
Sales in July were 10, the same as last month. Sales/list price ratio in July moved up to 95.2% from 92.2% in June.
Prices
Median price in July was $731,250. This is down 25.6% from $982,500 in July of 2008. Average sale price (most recent 3 months) is $902,037, down considerably from $1,250,362 in 2008.
Inventory
Inventory is 192, up marginally from 188 in 2008. New listings of 27 in July were down considerably from 41 in June and down modestly from 28 in July of 2008.
Market Time
Days on market of 86 in July was way down from 112 in June and down considerably from 98 in July of 2008. Months of supply in July moved up to 27.8 from 23.6 in June.
