Unit sales in July were 20. This is down 4.8% from 21 in July of 2009. Sales/list price ratio in July moved down to 91.7% from 96.3% in June.

Prices

Median price of $1,217,600 in July was down 2.4% from $1,247,500 in June but up 23.6% from $985,000 in July of 2009. 3-month average sale price of $1,363,281 in July was up moderately from $1,261,898 in June and up a bit from $1,312,141 in July of 2009.

Inventory

Inventory in July was 89, unchanged from the same month last year. New listings in July moved down to 14 from 26 in June.

Market Time

Days on market of 96 in July was way up from 63 in June and up considerably from 50 in July of 2009. Months of supply of 6.6 in July was down just slightly from 6.7 in June and way down from 9.6 in July of 2009.