Evanston’s November Property sales were 49, down -5.8% from 52 in November of 2010 and -12.5% lower than the 56 sales last month. November 2011 sales were at their lowest level compared to November of 2010 and 2009. November YTD sales of 661 are running -10.3% behind last year's year-to-date sales of 737.

The Median Sales Price in November was $200,000, down -37.4% from $319,375 in November of 2010 and down -38.9% from $327,500 last month. The Average Sales Price in November was $260,678, down -33.2% from $390,364 in November of 2010 and down -30.9% from $377,387 last month. November 2011 ASP was at the lowest level compared to November of 2010 and 2009.

The Total Inventory of Properties available for sale as of November was 527, down -6.9% from 566 last month and down -21.7% from 673 in November of last year. November 2011 Inventory was at the lowest level compared to November of 2010 and 2009.

The November 2011 Months Supply of Inventory of 10.8 months was at a mid range compared with November 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) shows 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 November was 75, down -14.8% from 88 days last month and down -40.5% from 126 days in November of last year. The November 2011 DOM was at its lowest level compared with November of 2010 and 2009.

The Selling Price vs Original Listing Price reveals 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,  November 2011 Selling Price vs Original List Price of 89.4% was up from 88.5% last month and up from 87.1% in November of last year.

The number of New Listings in November 2011 was 74, down -25.3% from 99 last month and down -10.8% from 83 in November of last year.