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August was slightly slower in sales; 51 single family homes sold compared to 55 in July….but August 2010 was considerably stronger than 2009 when only 22 single family homes sold. August also saw one of the more famous houses go to contract. Helmsley’s estate was first listed for $125,000,000 in April of ’08, was reduced to $55,000,000 in February of this year and went to contract August 27. It will be interesting to see where that amazing place trades. Price reductions and value priced homes really seemed to be the ticket in August; 20 of the 48 homes that went to contract and 21 of...