Median Price on closed properties dropped comparing to July last year.

...................2008..........2007

Queens...$399,900...$472,000

Nassau...$458,500...$495,000

Suffolk...$389,000...$405,000

................Inventory ...............Units in contract .......................Months Supply

................07/08....07/07........07/08....06/08......07/07

Queens....11510.....10774...........765........752..........772..............15

Nassau....10877.....10415...........963........889.........1012.............11.3

Suffolk....15186.....14996...........964........1041........1167............15.8

Source: Long Island Board of Realtors