Highland Park’s November Property sales were 20, down -23.1% from 26 in November of 2010 and -41.2% lower than the 34 sales last month. November 2011 sales were at their lowest level compared to November of 2010 and 2009. November YTD sales of 322 are running -4.2% behind last year's year-to-date sales of 336.

The Median Sales Price in November was $492,500, up 24.7% from $395,000 in November of 2010 and up 23.0% from $400,500 last month. The Average Sales Price in November was $621,720, up 23.6% from $503,067 in November of 2010 and up 13.9% from $545,997 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 327, down -9.2% from 360 last month and down -14.6% from 383 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 16.4 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) 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 122, up 23.2% from 99 days last month and up 16.2% from 105 days in November of last year. The November 2011 DOM was at a mid range 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 85.0% was up from 83.1% last month and up from 84.1% in November of last year.

The number of New Listings in November 2011 was 38, down -30.9% from 55 last month and up 8.6% from 35 in November of last year.