The Total Inventory of Properties available for sale as of August was 295, down 8.1% from 321 last month and

down 9.2% from 325 in August of last year. August 2010 Inventory was at its lowest level compared with August of 2009 and 2008. The August 2010 MSI of 14.0 months was at its highest 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 $395,000, down 25.2% from $528,250 in August of 2009 and down 23.3% from $515,000 last month. The Average Sales Price in August was $475,655, down 19.7% from $592,423 in August of 2009 and down 9.3% from $524,143 last month. August 2010 ASP was at the lowest level compared to August of 2009 and 2008.

August property sales were 21, down 19.2%from 26 in August of 2009 and 27.6% lower than the 29 sales last month. August 2010 sales were at their lowest level compared to August of 2009 and 2008. August YTD sales of 221 are running 35.6% ahead of last year's year-to-date sales of 163.

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 67, down 23.0% from 87 days last month

and down 27.2% from 92 days in August of last year. The August 2010 DOM was at its lowest level compared

with August of 2009 and 2008.

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

87.9% was up from 87.8% last month and up from 86.3% in August of last year.

The number of New Listings in August 2010 was 55, down 9.8% from 61 last month and up 5.8% from 52 in August of last year.