Lincolnshire’s December Property sales were 9, up 80.0% from 5 in December of 2009 and 200.0% higher than the 3 sales last month. December 2010 sales were at their highest level compared to December of 2009 and 2008. December YTD sales of 93 are running 16.3% ahead of last year's year-to- date sales of 80.

The Median Sales Price in December was $310,000, down -48.3% from $600,000 in December of 2009 and down -22.5% from $400,000 last month. The Average Sales Price in December was $333,889, down -49.1% from $656,400 in December of 2009 and down -5.3% from $352,667 last month. December 2010 ASP was at the lowest level compared to December of 2009 and 2008.

The Total Inventory of Properties available for sale as of December was 108, down -1.8% from 110 last month and down -16.9% from 130 in December of last year. December 2010 Inventory was at the lowest level compared to December of 2009 and 2008.

The December 2010 Months Supply of Inventory of 12.0 months was at its lowest level compared with December of 2009 and 2008. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers.

The average Days On Market (DOM) is how many days the average Property is on the Market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for December was 107, down -64.2% from 299 days last month and down -40.9% from 181 days in December of last year. The December 2010 DOM was at its lowest level compared with December of 2009 and 2008.

The Selling Price vs Original Listing Price is the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The December 2010 Selling Price vs Original List Price of 87.0% was up from 78.4% last month and down from 89.0% in December of last year.

The number of New Listings in December 2010 was 12, equal to 12 last month and down -52.0% from 25 in December of last year.