Real Estate Market Analysis by Town: Absorbtion Report January - December 2015

Residential Property Activity January - December 2014

County Town Actives Solds Average Sold/Month Month of Supply
Morris  Chester Boro  15  26  2.17 6.91
Morris  Chester Twp.  79  90  7.5 10.53
Morris  Harding Twp.  48  48  4.0 12.0
Morris  Mendham Boro  34  70  5.83 5.83
Morris  Mendham Twp.  59  89  7.42 7.95
Morris  Morris Twp.  100  334  27.83 3.59
Morris  Morristown Town  44  164  13.67 3.22
Morris  Randolph Twp.  102  286  23.83 4.28
Morris  Washington Twp.  105  199  16.58 6.33
Somerset  Bedminster Twp.  60  186  15.5 3.87
Somerset  Bernards Twp.  112  400  33.33 3.36
Somerset  Bernardsville Boro  82  86  7.17 11.44
Somerset  Far Hills Boro  0.75 12.0
Somerset  Peapack Gladstone Boro  21  26  2.17 9.68
Summary - 870 2013 167.75 5.19