The Total Inventory of Properties available for sale as of August was 337, down 0.9% from 340 last month and

equal to 337 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 11.6 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 $755,000, down 22.0% from $967,500 in August of 2009 and down 7.7% from $818,250 last month. The Average Sales Price in August was $961,433, down 19.4% from $1,193,469 in August of 2009 and down 5.0% from $1,012,182 last month. August 2010 ASP was at the lowest level compared to August of 2009 and 2008. August Property sales were 29, up 81.3% from 16 in August of 2009 and 31.8% higher than the 22 sales last month. August 2010 sales were at their highest level compared to August of 2009 and 2008. August YTD sales of 161 are running 73.1% ahead of last year's year-to-date sales of 93.

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 99, down 5.7% from 105 days last month

and down 12.4% from 113 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 84.5% was down from 86.1% last month and down from 85.3% in August of last year.

The number of New Listings in August 2010 was 39, down 26.4% from 53 last month and up 5.4% from 37 in August of last year.