Lincolnshire’s June Property sales were 16, equal to 16 in June of 2010 and 100.0% higher than the 8 sales last month. June 2011 sales were at their lowest level compared to June of 2010 and 2009. June YTD sales of 41 are running -6.8% behind last year's year-to-date sales of 44.

The Median Sales Price in June was $460,000, down -4.9% from $483,750 in June of 2010 and down -8.7% from $503,750 last month. The Average Sales Price in June was $505,344, down -5.9% from $536,844 in June of 2010 and down -7.8% from $548,231 last month. June 2011 ASP was at a mid range compared to June of 2010 and 2009.

The Total Inventory of Properties available for sale as of June was 116, down -10.8% from 130 last month and down -17.7% from 141 in June of last year. June 2011 Inventory was at the lowest level compared to June of 2010 and 2009.

The June 2011 Months Supply of inventory of 7.3 months was at its lowest level compared with June 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 June was 136, down -19.0% from 168 days last month and down -2.9% from 140 days in June of last year. The June 2011 DOM was at its lowest level compared with June 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 June 2011 Selling Price vs Original List Price of 89.2% was up from 85.6% last month and up from 85.2% in June of last year.

The number of New Listings in June 2011 was 14, down - 17.6% from 17 last month and down -44.0% from 25 in June of last year.