Winnetka’s February Property sales were 11, down -21.4% from 14 in February of 2010 and 22.2% higher than the 9 sales last month. February 2011 sales were at a mid level compared to February of 2010 and 2009. February YTD sales of 20 are running -16.7% behind last year's year-to-date sales of 24.

The Median Sales Price in February was $872,500, down -9.6% from $965,000 in February of 2010 and up 40.7% from $620,000 last month. The Average Sales Price in February was $1,128,744, up 0.8% from $1,120,179 in February of 2010 and up 38.0% from $817,769 last month. February 2011 ASP was at a mid range compared to February of 2010 and 2009.

The Total Inventory of Properties available for sale as of February was 173, up 7.5% from 161 last month and down -16.4% from 207 in February of last year. February 2011 Inventory was at the lowest level compared to February of 2010 and 2009.

The February 2011 Months Supply of inventory of 15.7 months was at a mid range compared with February 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 February was 153, up 23.4% from 124 days last month and up 30.8% from 117 days in February of last year. The February 2011 DOM was at its highest level compared with February 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 February 2011 Selling Price vs Original List Price of 88.0% was up from 85.2% last month and up from 81.5% in February of last year.

The number of New Listings in February 2011 was 52, up 48.6% from 35 last month and up 4.0% from 50 in February of last year.