Winnetka's December Property sales were 16, up 60.0% from 10 in December of 2010 and 45.5% higher than the 11 sales last month. December 2011 sales were at a mid level compared to December of 2010 and 2009. December YTD sales of 222 are running 6.7% ahead of last year's year-to-date sales of 208.

The Median Sales Price in December was $719,875, down -7.1% from $775,250 in December of 2010 and down -42.2% from $1,245,000 last month.
The Average Sales Price in December was $823,568, down -36.3% from $1,293,670 in December of 2010 and down -29.3% from $1,164,963 last month. December 2011 ASP was at the lowest level compared to December of 2010 and 2009.

The Total Inventory of Properties available for sale as of December was 120, down -11.8% from 136 last month and down -28.6% from 168 in

December of last year. December 2011 Inventory was at the lowest level compared to December of 2010 and 2009.

The December 2011 Months Supply of Inventory of 7.5 months was at its lowest level compared with December 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 December was 103, down -3.7% from 107 days last month and down -5.5% from 109 days in December of last year. The December 2011 DOM was at a mid range compared with December 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 December 2011 Selling Price vs Original List Price of 85.4% was down from 88.1% last month and up from 83.2% in December of last year.

The number of New Listings in December 2011 was 10, down -41.2% from 17 last month and up 25.0% from 8 in December of last year.