Sales
Sales in August were 28. This is down 40.4% from 47 in August of 2008. Sales/list price ratio in August moved up to 91.1% from 87.6% in July.
Prices
Median price in August was $1,415,000. This is down 29.3% from $2,000,000 in August of 2008. Average sale price (most recent 3 months) is $2,911,688, very slightly up from $2,855,146 in 2008.
Inventory
Inventory is 752, way up from 612 in 2008. New listings of 47 in August were down considerably from 87 in July and down moderately from 53 in August of 2008.
Market Time
Days on market of 195 in August was way up from 148 in July and up considerably from 122 in August of 2008. Months of supply in August moved up to 36.1 from 35.8 in July.
