The Total Inventory of Properties available for sale as of July was 411, down -3.3% from 425 last month and down - 5.1% from 433 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 $818,250, up 34.1% from $610,000 in July of 2009 and down - 14.8% from $960,000 last month. The Average Sales Price in July was $968,865, up 59.7% from $606,688 in July of 2009 and down -3.6% from $1,004,762 last month. July 2010 ASP was at a midrange compared to July of 2009 and 2008.

July Property sales were 26, up 62.5% from 16 in July of 2009 and -36.6% lower than the 41 sales last month. July 2010 sales were at their highest level compared to July of 2009 and 2008. July YTD sales of 164 are running 84.3% ahead of last year's year-todate sales of 89.

The July 2010 Months Supply of Inventory of 15.8 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.

The Selling Price vs Original Listing Price shows 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 83.9% was down from 85.7% last month and up from 78.3% 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 138, up 3.0% from 134 days last month and

down -41.5% from 236 days in July of last year. The July 2010 DOM was at a mid level compared with July

of 2009 and 2008.