Last Year = Jan-Oct 12, 2009, This Year= Jan-Oct 12, 2010 to compare same time periods
Total Active: Last Year-92 This Year-65 (down 29%)
Number Sold: Last Year-56 This Year-70 (up 25%)
Sold Volume: Last Year-$43,153,400 This Year-$51,949,820 (up 20%)
Average Sales Price: Last Year-$770,596 This Year-$742,140 (down 3%)
Percent of List Price: Last Year-90% This Year-93% (up 3%)
Hope this helps!
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Depending on how you measure they have dropped from 4% measured by median price to 20% measured by price per square foot: year to year data.
Still, unlike other parts of the valley, long term appreciation is still positive. Of course this is all generally speaking.
Certain price ranges and short sales, vs. normal vs. reo properties perform on their own trends.