Winnetka’s December Property sales were 10, down -47.4% from 19 in December of 2009 and -47.4% lower than the 19 sales last month. December 2010 sales were at a mid level compared to December of 2009 and 2008. December YTD sales of 193 are running 22.9% ahead of last year's year-to-date sales of 157.

The Median Sales Price in December was $775,250, down -26.2% from $1,050,000 in December of 2009 and down -24.4% from $1,025,000 last month. The Average Sales Price in December was $1,293,670, up 3.7% from $1,247,233 in December of 2009 and down -16.2% from $1,543,058 last month. December 2010 ASP was at a mid range compared to December of 2009 and 2008.

The Total Inventory of Properties available for sale as of December was 158, down -16.4% from 189 last month and down -10.7% from 177 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 15.8 months was at a mid range 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 109, down -12.1% from 124 days last month and up 19.8% from 91 days in December of last year. The December 2010 DOM was at a mid range 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 83.2% was down from 86.8% last month and down from 89.4% in December of last year.

The number of New Listings in December 2010 was 8, down - 63.6% from 22 last month and down -42.9% from 14 in December of last year.