Unit sales in July were 29. This is up 7.4% from 27 in July of 2009. Sales/list price ratio in July moved up to 95.4% from 95.2% in June.

Prices

Median price of $1,800,000 in July was up 21.2% from $1,485,000 in June and up 33.3% from $1,350,000 in July of 2009. 3-month average sale price of $1,676,559 in July was up modestly from $1,615,290 in June and up moderately from $1,617,980 in July of 2009.

Inventory

Inventory of 155 in July was down 6.1% from 165 in June and down 17.6% from 188 in July of 2009. New listings in July moved down to 16 from 29 in June.

Market Time

Days on market of 108 in July was down moderately from 132 in June and way down from 165 in July of 2009. Months of supply of 10.1 in July was down somewhat from 10.9 in June and down substantially from 20.9 in July of 2009.