October Property sales were 34, down 39.3% from 56 in October of 2009 and 5.6% lower than the 36 sales last month. October 2010 sales were at their lowest level compared to October of 2009 and 2008. October YTD sales of 467 are running 21.9% ahead of last year's year-to-date sales of 383. The Total Inventory of Properties available for sale as of October was 567, down 2.2% from 580 last month and down 17.3% from 686 in October of last year. October 2010 Inventory was at its lowest level compared with October of 2009 and 2008.

 The Median Sales Price in October was $380,000, down 4.4% from $397,500 in October of 2009 and down 24.8% from $505,500 last month. The Average Sales Price in October was $405,567, down 12.4% from $462,729 in October of 2009 and down 29.8% from $577,725 last month. October 2010 ASP was at the lowest level compared to October of 2009 and 2008.

The October 2010 Months Supply of Inventory of 16.7 months was at its highest level compared with October 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 October 2010 Selling Price vs Original List Price of 87.3% was down from 87.4% last month and down from 87.9% in October of last year.

The average Days On Market (DOM)is 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 October was 85, down 26.7% from 116 days last month and down 5.6% from 90 days in October of last year. The October 2010 DOM was at its lowest level compared with October of 2009 and 2008.

MARKET ACTION REPOR
The number of New Listings in October 2010 was 119, up 26.6% from 94 last month and up 21.4% from 98 in October of last year.