Evanston’s March Property sales were 36, down -45.5% from 66 in March of 2010 and -5.3% lower than the 38 sales last month. March 2011 sales were at their lowest level compared to March of 2010 and 2009. March YTD sales of 106 are running -17.2% behind last year's year-to-date sales of 128.

The Median Sales Price in March was $223,450, down -16.4% from $267,400 in March of 2010 and down -14.2% from $260,500 last month. The Average Sales Price in March was $288,515, down -13.2% from $332,451 in March of 2010 and down -10.4% from $322,046 last month. March 2011 ASP was at the lowest level compared to March of 2010 and 2009.

The Total Inventory of Properties available for sale as of March was 672, up 8.7% from 618 last month and down -18.5% from 825 in March of last year. March 2011 Inventory was at the lowest level compared to March of 2010 and 2009.

The March 2011 Months Supply of Inventory of 18.7 months was at

a mid range compared with March 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 March was 88, down -10.2% from 98 days last month and down -22.1% from 113 days in March of last year. The March 2011 DOM was at its lowest level compared with March 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 March 2011 Selling Price vs Original List Price of 89.8% was up from 89.1% last month and down from 90.3% in March of last year.

The number of New Listings in March 2011 was 194, up 35.7% from 143 last month and down -20.5% from 244 in March of last year.