South of Boston inventory is drastically reduced from a year ago.

The metro south area of Whitman, Abington, Rockland, Hanson and East Bridgewater has seen drastic reductions in single family inventory from a year ago. Lower inventory is the first step in price recovery.

7/2008 7/2009

Abington 71 42

Whitman 77 36

Rockland 77 57

Hanson 67 30

East Bridgewater 87 56

A number of price points are seeing a low amount of supply in these towns. The lower the supply the higher the demand and the sooner we see price stabilization. Only time will tell.