Real Estate Market Analysis by Town: Absorbtion Report 2017

Residential Property Activity 6 months back from April 2017

County Town Actives Solds Average Sold/Month Month of Supply
Morris  Chester Boro  1.33 6.02
Morris  Chester Twp.  74  61  10.17 7.28
Morris  Harding Twp.  53  18  3.0 17.67
Morris  Mendham Boro  59  27  4.5 13.11
Morris  Mendham Twp.  79  25  4.17 18.94
Morris  Morris Twp.  100  127  21.17 4.72
Morris  Morristown Town  29  96  16.0 1.81
Morris  Randolph Twp.  115  141  23.5 4.89
Morris  Washington Twp.  111  96  16.0 6.94
Somerset  Bedminster Twp.  59  81  13.5 4.37
Somerset  Bernards Twp.  187  171  28.5 6.56
Somerset  Bernardsville Boro  93  47  7.83 11.88
Somerset  Far Hills Boro  0.83 9.64
Somerset  Peapack Gladstone Boro  30  10  1.67 17.96
Summary - 1005 913 152.17 6.6