December Property sales were 13, down 35.0% from 20 in December of 2009 and 8.3% higher than the 12 sales last month. December 2010 sales were at a mid level compared to December of 2009 and 2008. December YTD sales of 171 are running 8.2% ahead of last year’s year-to-date sales of 158.
The Median Sales Price in December was $570,000, up 3.8% from $549,000 in December of 2009 and up 3.1% from $553,000 last month. The Average Sales Price in December was $680,923, up 9.1% from $624,115 in December of 2009 and down 16.7% from $817,158 last month. December 2010 ASP was at a mid range compared to December of 2009 and 2008.
The Total Inventory of Properties available for sale as of December was 99, down 10.8% from 111 last month and down 16.8% from 119 in December of last year. December 2010 Inventory was at its lowest level compared with December of 2009 and 2008.
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