Wilmette’s June Property sales were 51, down -17.7% from 62 in June of 2010 and 82.1% higher than the 28 sales last month. June 2011 sales were at a mid level compared to June of 2010 and 2009. June YTD sales of 160 are running -11.1% behind last year's year-to-date sales of 180.

The Median Sales Price in June was $637,500, up 0.7% from $633,250 in June of 2010 and up 18.9% from $536,250 last month. The Average Sales Price in June was $704,052, down -5.4% from $744,169 in June of 2010 and up 13.5% from $620,489 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 234, down -5.3% from 247 last month and down -14.3% from 273 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 4.6 months was at a mid range 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 91, down -35.9% from 142 days last month and up 13.8% from 80 days in June of last year. The June 2011 DOM was at a mid range 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 91.1% was up from 87.6% last month and up from 90.3% in June of last year.

The number of New Listings in June 2011 was 57, down - 27.8% from 79 last month and down -29.6% from 81 in June of last year.