Ok, for those of you that hate stats, look away.  I have to admit that I love looking at numbers and staying current on market trends.  Toward that end, here are inventory number in months for various neighborhoods.  All of the numbers are Feb '07 vs. Feb '08 according to the MLS.  I took the liberty of listing them from longest to shortest.

Ballard 1.8 / 3.8

NE Seattle  2.0 / 4.4

W. Shoreline 2.6 / 4.8

Wallingford 1.7 / 5.4

Delridge 2.4 / 6.9

E. Shoreline 2.1 / 7

Capital Hill 4.3 / 7.6

Queen Anne 2.4 / 9

Redmond 2.2 / 9.4

Admiral 3.3 / 10

Kirkland 6.8 / 10.3

Beacon Hill 4.1 / 10.5

W. Bellevue 8.6 / 18.3

Mercer Island 5.1 / 22.4

E. Bellevue 7.5 / 23.7

One thought on all this.  Last month there was an unusual spike in inventory for almost all neighborhoods.  I suspect this was the result of re-lists from the winter months.  All neighborhoods were significantly down from that spike.  Hopefully the trend continues.