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Inventory of existing single family homes in Weston continue to decline as sales show an increase this year vs. last year.  Months of inventory of Weston homes has also declined significantly.

                                    May 2008                   May 2009                   +/-

Inventory                        934                                511                        -45%

Sales                                54                                  58                          +7%

Months of Inventory     17.3                                8.8

Inventory of Weston single family home for June continues the declining trend:

                                    June 2008                   June 2009                   +/-

Inventory                        877                              496                          -43%

We are not quite at a balanced level of inventory, but we are getting close. With certain price ranges, however, there is high demand and reduced inventory, driven in part by short sales and historically low mortgage rates.

                                     May 2009       April 2009      Months of      June 2009

     Price Range          Inventory           Sales           Inventory       Inventory

$200,000 – $299,999          69                    24                   2.9                    67

$300,000 – $399,999         106                   16                   6.6                   108