September Property sales were 5, down 64.3% from 14 in September of 2009 and 54.5% lower than the 11 sales last month. September 2010 sales were at their lowest level compared to September of 2009 and 2008. September YTD sales of 78 are running 6.8% ahead of last year's year-to-date sales of 73. The Total Inventory of Properties available for sale as of September was 129, down 3.0% from 133 last month and up 6.6% from 121 in September of last year. September 2010 Inventory was at a mid level compared with September of 2009 and 2008.

The Median Sales Price in September was $1,125,000, up 22.6% from $917,500 in September of 2009 and up 4.2% from $1,080,000 last month. The Average Sales Price in September was $1,036,800, up 0.3% from $1,033,354 in September of 2009 and down 4.9% from $1,089,955 last month. September 2010 ASP was at a mid range compared to September of 2009 and 2008.

The September 2010 Months Supply of Inventory of 25.8 months was at its highest level compared with September of 2009 and 2008. A comparatively lower MSI is more beneficial for sellers

while a higher MSI is better for buyers.

of 79.3% was down from 88.9% last month and down from 83.5% in September of last year.

MARKET ACTION REPORT

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 September was 129, up 43.3% from 90 days

last month and up 37.2% from 94 days in September of last year. The September 2010 DOM was at a mid level compared with September of 2009 and 2008.

The number of New Listings in September 2010 was 23, up 130.0% from 10 last month and up 43.8% from 16 in September of last year.