Unit sales in July were 50. This is up 47.1% from 34 in July of 2009. Sales/list price ratio in July moved down to 94.5% from 94.8% in June.

Prices

Median price of $1,322,500 in July was up 15.0% from $1,150,000 in June and up 2.5% from $1,290,000 in July of 2009. 3-month average sale price of $1,467,537 in July was up modestly from $1,357,721 in June and up a bit from $1,418,242 in July of 2009.

Inventory

Inventory of 421 in July was down 2.1% from 430 in June and down 3.9% from 438 in July of 2009. New listings in July moved down to 65 from 81 in June.

Market Time

Days on market of 86 in July was down modestly from 92 in June and down considerably from 112 in July of 2009. Months of supply of 15.2 in July was down moderately from 16.4 in June and down substantially from 22.2 in July of 2009.