September Property sales were 5, equal to 5 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 75 are running 27.1% ahead of last year's year-to-date sales of 59.
 
The Total Inventory of Properties available for sale as of September was 122, down 5.4% from 129 last month and down 17.0% from 147 in September of last year. September 2010 Inventory was at its lowest level compared with September of 2009 and 2008.

The Median Sales Price in September was $360,000, down 25.0% from $480,000 in September of 2009 and down 24.2% from $475,000 last month. The Average Sales Price in September was $461,400, down 4.7% from $484,000 in September of 2009 and down 0.0% from $461,523 last month. September 2010 ASP  was at the lowest level compared to September of 2009 and 2008.

The September 2010 Months Supply of Inventory of 24.4 months was at a mid 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.

The Selling Price vs Original Listing Price is 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 September 2010 Selling Price vs Original List Price  of 90.1% was up from 86.6% last month and up from 83.0% 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 90, down 32.8% from 134 days

last month and down 29.7% from 128 days in September of last year. The September 2010 DOM was at its lowest level compared with September of 2009 and 2008.
 

 The number of New Listings in September 2010 was 16, down 5.9% from 17 last month and up 14.3% from 14 in September of last year.