Glenview’s November Property sales were 37, down -7.5% from 40 in November of 2010 and -24.5% lower than the 49 sales last month. November 2011 sales were at their lowest level compared to November of 2010 and 2009. November YTD sales of 545 are running 7.3% ahead of last year's year-to-date sales of 508.

The Median Sales Price in November was $376,000, down -14.5% from $439,900 in November of 2010 and up 11.5% from $337,251 last month. The Average Sales Price in November was $456,544, up 5.6% from $432,451 in November of 2010 and up 9.5% from $416,845 last month. November 2011 ASP was at highest level compared to November of 2010 and 2009.

The Total Inventory of Properties available for sale as of November was 431, down -7.9% from 468 last month and down -22.6% from 557 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 11.6 months was at its lowest level 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) 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 November was 86, up 4.9% from 82 days last month and down -36.3% from 135 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 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 November 2011 Selling Price vs Original List Price of 90.5% was up from 89.4% last month and up from 83.7% in November of last year.

The number of New Listings in November 2011 was 66, down -35.9% from 103 last month and down -4.3% from 69 in November of last year.