December Property sales were 10, down 16.7% from 12 in December of 2009 and 16.7% lower than the 12 sales last month. December 2010 sales were at their lowest level compared to December of 2009 and 2008. December YTD sales of 117 are running 7.3% ahead of last year's year-to-date sales of 109.
The Median Sales Price in December was $430,000, down 17.3% from $520,000 in December of 2009 and down 20.3% from $539,500 last month. The Average Sales Price in December was $471,100, down 13.7% from $546,067 in December of 2009 and down 25.4% from $631,333 last month. December 2010 ASP was at the lowest level compared to December of 2009 and 2008.
The Total Inventory of Properties available for sale as of December was 85, down 11.5% from 96 last month and up 21.4% from 70 in December of last year. December 2010 Inventory was at its highest level compared with December of 2009 and 2008.
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