May 2009 Market Trends:  62 homes sold vs. 65 in 2008, that is a change of - 4.6%.  There are currently 447 homes in inventory vs. 539 homes in 2008, that is a change of -17.1%.  There are currently 7.2 months on inventory on the market vs. 8.3 months in 2008, that is a change of -15.3%.  The average single family sales price in Newburgh Indiana is $160,818 vs. $155,995 in 2008, that is a change of +3.1%.  The sell price to list price ratio is 96.2% vs. 96.7 in 2008, that is a change of -.5%.