The Total Inventory of Properties available for sale as of May was 239, down -3.2% from 247 last month and down -6.6% from 256 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 $851,250, down - 8.0% from $925,000 in May of 2009 and down - 20.8% from $1,075,000 last month. 
The Average Sales Price in May was $1,060,595, up 11.9% from $947,714 in May of 2009 and up 1.8% from $1,041,385 last month. May 2010 ASP was at a mid range compared to May of 2009 and 2008.

May property sales were 16, up 128.6% from 7 in May of 2009 and 23.1% higher than the 13 sales last month. May 2010 sales were at their highest level compared to May of 2009 and 2008. May YTD sales of 68 are running 94.3% ahead of last year's year-to-date sales of 35.

A comparatively lower Months Supply of Inventory is more beneficial for sellers while a higher MSI is better for buyers. The May 2010

MSI of 14.9 months was at its lowest level compared with May of 2009 and 2008.

 
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 88.6% was up from 84.9% last month and up from 83.8% 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 179, up 44.4% from 124 days last month and up 203.4% from 59 days in May of last year. The May 2010 DOM was at a mid level compared with May of 2009 and 2008.