Lake Bluff’s April Property sales were 11, equal to 11 in April of 2010 and 120.0% higher than the 5 sales last month. April 2011 sales were at a mid level compared to April of 2010 and 2009. April YTD sales of 23 are running -28.1% behind last year's year-to-date sales of 32.

The Median Sales Price in April was $340,000, up 19.7% from $284,000 in April of 2010 and down -25.3% from $455,000 last month. The Average Sales Price in April was $460,045, up 35.1% from $340,500 in April of 2010 and down -41.2% from $782,000 last month. April 2011 ASP was at a mid range compared to April of 2010 and 2009.

The Total Inventory of Properties available for sale as of April was 118, down -3.3% from 122 last month and down -21.9% from 151 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 10.7 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 54, down -64.0% from 150 days last month and down -69.5% from 177 days in April of last year. The April 2011 DOM was at its lowest level 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 87.6% was up from 82.4% last month and up from 82.7% in April of last year.

The number of New Listings in April 2011 was 26, down - 10.3% from 29 last month and down -18.8% from 32 in April of last year.