There are currently 79 condos listed for sale on the East Shore at an average listing price of $574,930 and a median price of $419,000.  The average number of days on market for all of these listings is 167.  Based on the average sales per month for the last 12 months this equates to 22.5 months of condo inventory available. 

Similarly, there are 129 single family homes listed for $407,217,399 at an average price of $3,231,884 and a median price of $1,562,500.  These homes have been on the market for an average 283 days.  The quick calculation of months on had based on the average number of sales for the last 12 months is 20.7 months. 

As I indicated in the Genoa inventory post, all properties are sold based on their individual features.  And at the risk of being redundant, the one fact that can be determined from the inventory statistics is that we are still in a buyers market.