Following is our standard summary of sales and inventory for the month of November on Martha's Vineyard, Massachusetts.

It is interesting to note that the inventory and sales in November 2007 differ very little from November 2006 - 2% and 7% respectively.

                                    2007                 2006                

Inventory                       638                   622                  

Sales                              41                     38                    

However, inventory has declined since October which, as previously stated, is expected at this time of year due largely to owners removing properties for the winter and/or being counseled not to list until spring, thus it's not a real market indicator.

The (41) sales in November is the second most productive month in 2007 (there were 42 closed in April) and reflects the consummation of much of the summer sales activity.

We will provide you with a full analysis of the year when the December statistics are available.