Lincolnshire’s March Property sales were 2, down -33.3% from 3 in March of 2010 and -66.7% lower than the 6 sales last month. March 2011 sales were at their lowest level compared to March of 2010 and 2009. March YTD sales of 11 are running 37.5% ahead of last year's year-to-date sales of 8.

The Median Sales Price in March was $725,000, down -19.4% from $900,000 in March of 2010 and up 34.0% from $541,000 last month. The Average Sales Price in March was $725,000, down -13.3% from $835,833 in March of 2010 and up 11.8% from $648,250 last month. March 2011 ASP was at a mid range compared to March of 2010 and 2009.

The Total Inventory of Properties available for sale as of March was 120, up 12.1% from 107 last month and down -18.4% from 147 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 60.0 months was at its highest level 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 230, up 32.9% from 173 days last month and up 93.3% from 119 days in March of last year. The March 2011 DOM was at its highest 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 75.3% was down from 85.1% last month and down from 77.5% in March of last year.

The number of New Listings in March 2011 was 27, up 80.0% from 15 last month and up 8.0% from 25 in March of last year.