The Total Inventory of Properties available for sale as of August was 305, down 8.1% from 332 last month and

down 21.6% from 389 in August of last year. August 2010 Inventory was at its lowest level compared with

August of 2009 and 2008. The August 2010 Months Supply of Inventory of 13.9 months was at its lowest 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 $475,000, down 4.6% from $498,000 in August of 2009 and down 8.7% from $520,000 last month. The Average Sales Price in August was $662,318, up 6.4% from $622,750 in August of 2009 and up 31.7% from $503,025 last month. August 2010 ASP was at a mid range compared to August of 2009 and 2008.

August Property sales were 22, down 8.3% from 24 in August of 2009 and 10.0% higher than the 20 sales last month. August 2010 sales were at their lowest level compared to August of 2009 and 2008. August YTD sales of 213 are running 55.5% ahead of lest years Y-T-D sales of 137.

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 96, down 24.4% from 127 days last month

and down 27.8% from 133 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 85.1% was down from 91.5% last month and up from 82.3% in August of last year.

The number of New Listings in August 2010 was 52, down 14.8% from 61 last month and down 1.9% from 53 in August of last year.