Sales
Sales in August were 31. This is down 13.9% from 36 in August of 2008. Sales/list price ratio in August moved down to 93.2% from 93.9% in July.
Prices
Median price in August was $1,380,000. This is down 5.2% from $1,455,000 in August of 2008. Average sale price (most recent 3 months) is $1,494,417, down moderately from $1,797,595 in 2008.
Inventory
Inventory is 410, up somewhat from 367 in 2008. New listings of 39 in August were down substantially from 67 in July and down considerably from 46 in August of 2008.
Market Time
Days on market of 108 in August was down moderately from 113 in July but up modestly from 105 in August of 2008. Months of supply in August moved down to 21.3 from 22.2 in July.
