Real Estate Market Analysis by Town: Absorbtion Report January - December 2014

Residential Property Activity January - December 2014

County Town Actives Solds Average Sold/Month Month of Supply
Morris  Chester Boro  14  21  1.75 8.0
Morris  Chester Twp.  51  110  9.17 5.56
Morris  Harding Twp.  41  41  3.42 11.99
Morris  Mendham Boro  33  75  6.25 5.28
Morris  Mendham Twp.  56  75  6.25 8.96
Morris  Morris Twp.  95  340  28.33 3.35
Morris  Morristown Town  35  175  14.58 2.4
Morris  Randolph Twp.  90  248  20.67 4.35
Morris  Washington Twp.  97  179  14.92 6.5
Somerset  Bedminster Twp.  67  187  15.58 4.3
Somerset  Bernards Twp.  83  432  36.0 2.31
Somerset  Bernardsville Boro  69  90  7.5 9.2
Somerset  Far Hills Boro  16  1.33 6.02
Somerset  Peapack Gladstone Boro  15  21  1.75 8.57
Summary - 754 2010 167.5 4.5