The Total Inventory of Properties available for sale as of August was 360, down 4.3% from 376 last month and

down 25.6% from 484 in August of last year. August 2010 Inventory was at a mid level compared with August

of 2009 and 2008. The August 2010  Months Suply of Inventory of 9.0 months was at a mid level compared with August of 2009 and 2008. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers.

The Median Sales Price in August was $545,750, up 17.4% from $465,000 in August of 2009 and down 7.1% from $587,500 last month. The Average Sales Price in August was $617,039, up 10.8% from $556,999 in August of 2009 and up 2.8% from $600,282 last month. August 2010 ASP was at a mid range compared to August of 2009 and 2008.

August Property sales were 40, up 11.1% from 36 in August of 2009 and the same as the 40 sales last

month. August 2010 sales were at a mid level compared to August of 2009 and 2008. August YTD sales of 275 are running 41.0% ahead of last year's year-to-date sales of 195.

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 August was 86, down 30.6% from 124 days last month

and down 51.4% from 177 days in August of last year. The August 2010 DOM was at its lowest level compared

with August of 2009 and 2008.

MARKET ACTION REPORT

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 August 2010 Selling Price vs Original List Price of

88.7% was up from 86.3% last month and up from 83.0% in August of last year.