Sales
Sales in August were 13. This is down 18.8% from 16 in August of 2008. Sales/list price ratio in August moved down to 91.9% from 95.2% in July.
Prices
Median price in August was $1,075,000. This is up 5.4% from $1,020,000 in August of 2008. Average sale price (most recent 3 months) is $963,758, way down from $1,279,442 in 2008.
Inventory
Inventory is 188, up modestly from 176 in 2008. New listings of 23 in August were down somewhat from 27 in July but up considerably from 14 in August of 2008.
Market Time
Days on market of 121 in August was up substantially from 86 in July and up marginally from 121 in August of 2008. Months of supply in August moved up to 28.2 from 27.8 in July.
