The Total Inventory of Properties available for sale as of May was 141, up 10.2% from 128 last month and up 2.9% from 137 in May of last year. May 2010 Inventory was at its highest level compared with May of 2009 and 2008. The Median Sales Price in May was $416,250, up

63.2% from $255,000 in May of 2009 and up 15.1% from $361,500 last month.
 
The Average Sales Price in May was $453,948, up 19.9% from $378,500 in May of 2009 and up 13.6% from $399,500 last month. May 2010 ASP was at a mid range compared to May of 2009 and 2008. May Property sales were 12, up 140.0% from 5 in May of 2009 and 50.0% higher than the 8 sales last month. May 2010 sales were at their highest level compared to May of 2009 and 2008. May YTD sales of 28 are running 27.3% ahead of last year's year-todate sales of 22.

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

MSI of 11.8 months was at its lowest level compared with May of 2009 and 2008. The May 2010 MSI of 11.8 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 88.4% was down from 88.8% last month and up from 80.4% 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 112, down -17.0% from 135 days last month and down -25.3% from 150 days in May of last year. The May 2010 DOM was at its lowest level compared with May of 2009 and 2008.