Unit sales in July were 42. This is down 32.3% from 62 in July of 2009. Sales/list price ratio in July moved down to 96.3% from 97.5% in June.

Prices

Median price of $509,000 in July was down 1.2% from $515,000 in June but up 6.7% from $477,125 in July of 2009. 3-month average sale price of $550,358 in July was up a bit from $534,021 in June and up moderately from $528,066 in July of 2009.

Inventory

Inventory of 213 in July was down 6.6% from 228 in June but up 3.9% from 205 in July of 2009. New listings in July moved down to 55 from 73 in June.

Market Time

Days on market of 54 in July was down considerably from 66 in June and down marginally from 55 in July of 2009. Months of supply of 4.7 in July was down modestly from 4.9 in June and down somewhat from 5.2 in July of 2009.