JUNE REAL ESTATE SUMMARY

June MLS® unit sales were down 4% while dollar volume was up 6% in comparison to the same month last year. Year-to-date MLS® sales are up 6% while dollar volume has risen 17% over the same period in 2009. MLS® listings entered on MLS® for the first six months went over 10,000 and are ahead by 4% over last year. This increase in listings has helped create more balance in the market. For the first six months of 2010, homes selling for above list price and below list price are evenly split at 45% with the remainder selling at list price.

For sales in June, the most active price range was the $200,000 to $249,999 at 24% of total sales. Nearly two out of three sales were over $200,000. The average days on market for sales of residential-detached listings was 23 days, 2 days slower than last month and 2 days quicker than June 2009.

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