April property sales were 48, up 433.3% from 9 in April of 2009 and 60.0% higher than the 30 sales last month. April 2010 sales were at their highest level compared to April of 2009 and 2008. April YTD sales of 111 are running 184.6% ahead of last year.

The median sales price in April was $441,250, down -49.9% from $880,000 in April of 2009 and up 3.5% from $426,250 last month. The average sales price in April was $575,438, down -28.4% from $803,667 in April of 2009 and up 5.9% from $543,492 last month. April 2010 ASP was at the lowest level compared to April of 2009 and 2008.

The total inventory of properties available for sale as of April was 432, up 2.6% from 421 last month and down -8.7% from 473 in April of last year. April 2010 inventory was at its lowest level compared with April of 2009 and 2008.

A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The April 2010 MSI of 9.0 months was at its lowest level compared with April of 2009 and 2008.