Lake Bluff’s November Property sales were 12, up 300.0% from 3 in November of 2010 and 50.0% higher than the 8 sales last month. November 2011 sales were at their highest level compared to November of 2010 and 2009. November YTD sales of 113 are running 15.3% ahead of last year's year-to-date sales of 98.

The Median Sales Price in November was $320,250, down -1.5% from $325,000 in November of 2010 and down -4.4% from $335,000 last month. The Average Sales Price in November was $485,033, up 42.0% from $341,667 in November of 2010 and up 51.6% from $319,863 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 118, down -1.7% from 120 last month and equal to 118 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 9.8 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 144, up 34.6% from 107 days last month and up 476.0% from 25 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 86.6% was up from 84.6% last month and down from 105.8% in November of last year.

The number of New Listings in November 2011 was 18, up 5.9% from 17 last month and up 38.5% from 13 in November of last year.