Glencoe’s January Property sales were 10, up 11.1% from 9 in January of 2010 and equal to 0.0% 10 sales last month. January 2011 sales were at their highest level compared to January of 2010 and 2009. January YTD sales of 10 are running 11.1% ahead of last year's year-to-date sales of 9.

The Median Sales Price in January was $1,068,750, up 40.6% from $760,000 in January of 2010 and up 87.0% from $571,500 last month. The Average Sales Price in January was $1,233,170, up 17.1% from $1,053,056 in January of 2010 and up 41.8% from $869,500 last month. January 2011 ASP was at a mid range compared to January of 2010 and 2009.

The Total Inventory of Properties available for sale as of January was 98, down -1.0% from 99 last month and down -16.9% from 118 in January of last year. January 2011 Inventory was at the lowest level compared to January of 2010 and 2009.

The January 2011 Months Supply of  Inventory of 9.8 months was at its lowest level compared with January of 2010 and 2009. 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 January was 124, up 29.2% from 96 days last month and down -6.8% from 133 days in January of last year. The January 2011 DOM was at a mid range compared with January of 2010 and 2009.

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 January 2011 Selling Price vs Original List Price of 87.7% was up from 82.9% last month and up from 81.9% in January of last year.

The number of New Listings in January 2011 was 20, up 122.2% from 9 last month and up 5.3% from 19 in January of last year.