Sales
Sales in August were 54, unchanged from the same month last year. Sales/list price ratio in August moved down to 92.1% from 94.0% in July.
Prices
Median price in August was $591,250. This is down 10.1% from $657,500 in August of 2008. Average sale price (most recent 3 months) is $746,190, down considerably from $843,990 in 2008.
Inventory
Inventory is 555, up modestly from 515 in 2008. New listings of 80 in August were down considerably from 106 in July but up somewhat from 70 in August of 2008.
Market Time
Days on market of 95 in August was down moderately from 108 in July and down considerably from 107 in August of 2008. Months of supply in August moved down to 14.4 from 14.9 in July.
