Looking at March 2008 compared with March 2007, the number of new listings decreased 9.5%. Additionally the number of closed sales declined 29.1% and the pending sales decreased 28.7%. At the month's rate of sales the 2,074 active listings would last 8.4 months.
This is a Decrease in Inventory from the beginning of the year when it was at 10.2 compared to 2006 when themarket was still hot with an inventory of 3.8. 
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