The Total Inventory of Properties available for sale as of July was 245, down -7.5% from 265 last month and down -10.3% from 273 in July of last year. July 2010 Inventory was at its lowest level compared with July of 2009 and 2008.

The Median Sales Price in July was $525,000, up 63.6% from $321,000 in July of 2009 and up 4.6% from $502,000 last month. The Average Sales Price in July was $526,781, up 6.5% from $494,757 in July of 2009 and up 4.9% from $502,330 last month. July 2010 ASP was at a mid range compared to July of 2009 and 2008.

The July 2010 Months Supply of Inventory of 11.7 months was at its lowest level compared with July of 2009 and 2008. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers.

July Property sales were 21, equal to 21 in July of 2009 and -30.0% lower than the 30 sales last month. July 2010 sales were at their lowest level compared to July of 2009 and 2008. July YTD sales of 140 are running 33.3% ahead of last year's year-to-date sales of 105.

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 July 2010 Selling Price vs Original List Price of 83.6% was down from 89.8% last month and down from 87.9% in July 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 July was 158, up 66.3% from 95 days last month and up

50.5% from 105 days in July of last year. The July 2010 DOM was at a mid level compared with July of 2009

and 2008.