Real Estate Market Analysis by Town: Absorbtion Report for Jan - December 2013

Residential Property Activity January 1 - December 31, 2013

County Town Actives Solds Average Sold/Month Month of Supply
Morris  Chester Boro  29  2.42 3.72
Morris  Chester Twp.  58  104  8.67 6.69
Morris  Harding Twp.  39  50  4.17 9.35
Morris  Mendham Boro  32  78  6.5 4.92
Morris  Mendham Twp.  62  84  7.0 8.86
Morris  Morris Twp.  80  316  26.33 3.04
Morris  Morristown Town  52  204  17.0 3.06
Morris  Randolph Twp.  61  271  22.58 2.7
Morris  Washington Twp.  81  188  15.67 5.17
Somerset  Bedminster Twp.  43  197  16.42 2.62
Somerset  Bernards Twp.  69  434  36.17 1.91
Somerset  Bernardsville Boro  60  135  11.25 5.33
Somerset  Far Hills Boro  13  16  1.33 9.77
Somerset  Peapack Gladstone Boro  11  34  2.83 3.89
Summary - 670 2140 178.33 3.76