Unit sales in July were 59. This is down 26.3% from 80 in July of 2009. Sales/list price ratio in July moved up to 95.0% from 93.2% in June.

Prices

Median price of $611,000 in July was up 6.3% from $575,000 in June and up 1.7% from $601,000 in July of 2009. 3-month average sale price of $739,158 in July was up moderately from $702,448 in June and up modestly from $711,400 in July of 2009.

Inventory

Inventory of 590 in July was down 4.8% from 620 in June but up 2.3% from 577 in July of 2009. New listings in July moved down to 97 from 124 in June.

Market Time

Days on market of 87 in July was down moderately from 95 in June and down moderately from 107 in July of 2009. Months of supply of 12.2 in July was down a little from 12.4 in June and down somewhat from 14.9 in July of 2009.