Glenview’s April Property sales were 48, down -4.0% from 50 in April of 2010 and 29.7% higher than the 37 sales last month. April 2011 sales were at a mid level compared to April of 2010 and 2009. April YTD sales of 150 are running equal to last year's year-to-date sales of 150.

The Median Sales Price in April was $483,750, up 28.1% from $377,500 in April of 2010 and up 18.6% from $408,000 last month. The Average Sales Price in April was $502,448, up 21.9% from $412,030 in April of 2010 and down -4.0% from $523,277 last month. April 2011 ASP was at highest level compared to April of 2010 and 2009.

The Total Inventory of Properties available for sale as of April was 527, up 2.7% from 513 last month and down -21.2% from 669 in April of last year. April 2011 Inventory was at the lowest level compared to April of 2010 and 2009.

The April 2011 Months Supply of Inventory of 11.0 months was at its lowest level compared with April 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 April was 103, down -22.6% from 133 days last month and down -18.9% from 127 days in April of last year. The April 2011 DOM was at a mid range compared with April 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 April 2011 Selling Price vs Original List Price of 88.9% was up from 84.9% last month and up from 84.5% in April of last year.

The number of New Listings in April 2011 was 141, up 4.4% from 135 last month and down -14.5% from 165 in April of last year.