The Total Inventory of Properties available for sale as of May was 401, down -4.1% from 418 last month and down - 3.1% from 414 in May of last year. May 2010 Inventory was at its lowest level compared with May of 2009 and 2008.

The Median Sales Price in May was $590,000, down -10.3% from $657,500 in May of 2009 and down - 19.7% from $735,000 last month.
 
The Average Sales Price in May was $709,709, down -9.6% from $785,500 in May of 2009 and down -32.2% from $1,046,750 last month. May 2010 ASP was at the lowest level compared to May of 2009 and 2008. May Property sales were 21, up 5.0% from 20 in May of 2009 and -19.2% lower than the 26 sales last month. May 2010 sales were at their highest level compared to May of 2009 and 2008. May YTD sales of 97 are running 76.4% ahead of last year's year-todate sales of 55.

The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The May 2010 Selling Price vs Original List Price of 83.8% was down from 85.8% last month and up from 81.4% in May of last year.

The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for

May was 130, down -5.8% from 138 days last month and down -27.0% from 178 days in May of last year. The May 2010 DOM was at a mid level compared with May of 2009 and 2008