Unit sales in July were 10, unchanged from the same month last year. Sales/list price ratio in July moved down to 92.2% from 92.6% in June.

Prices

Median price of $1,299,500 in July was up 63.8% from $793,250 in June and up 77.7% from $731,250 in July of 2009. 3-month average sale price of $1,044,997 in July was up substantially from $845,573 in June and up considerably from $902,037 in July of 2009.

Inventory

Inventory of 171 in July was up 3.0% from 166 in June but down 10.9% from 192 in July of 2009. New listings in July moved up to 28 from 24 in June.

Market Time

Days on market of 83 in July was down substantially from 110 in June and down somewhat from 86 in July of 2009. Months of supply of 16.7 in July was up marginally from 16.5 in June but down substantially from 27.8 in July of 2009.