Archived Real Estate Sales Statistics for Morris and Somerset Counties

The following statistics represent residential, condo, and co-op sales in selected towns in Morris and Somerset Counties from
January - December, 2004.

Town Name	New on Mkt	Avg List P	Med LP	Under Contract	Avg LP	Med LP	Closings	Avg SP	Med SP	%SP/LP	Avg DOM	Med DOM
Bedminster	423	$451,727	$354,000	362	$421,315	$349,000	359	$424,714	$335,000	98.32%	37	51
Bernards Township	769	$687,471	$590,000	601	$617,875	$565,000	596	$595,782	$534,900	98.53%	47	69
Bernardsville	225	$1,318,599	$739,000	159	$968,908	$625,000	152	$882,878	$595,000	95.57%	75	75
Chester Borough	30	$628,706	$569,900	20	$615,080	$484,500	22	$632,864	$535,000	98.90%	59	27
Chester Township	234	$940,987	$769,000	133	$876,756	$764,900	130	$863,109	$830,000	97.46%	72	66
Harding	99	$1,937,752	$1,490,000	57	$1,302,536	$995,000	58	$1,212,382	$990,000	95.08%	88	65
Mendham Borough	107	$1,192,296	$659,900	74	$847,390	$659,000	77	$784,155	$635,000	96.22%	71	66
Mendham Township	166	$1,296,469	$1,050,000	93	$1,117,438	$969,900	86	$1,072,172	$950,000	96.90%	87	70
Morris Township	535	$625,627	$574,000	391	$580,780	$537,500	376	$560,413	$519,000	97.67%	55	65
Randolph	525	$602,592	$574,900	383	$585,272	$564,900	374	$576,980	$564,900	98.80%	61	69

Totals	3,113	$968,222	$737,070	2,273	$793,335	$651,470	2,230	$760,544	$648,880	97.34%	65	62

Data compiled by Paul DeAngelis, from Garden State Multiple Listing Service.
Information deemed reliable but not guaranteed. ® copywright, Garden State Multiple Listing Service.

The following statistics represent residential, condo, and co-op sales in selected towns in Morris County from
January - December, 2003.

Town Name	New on Mkt	Avg List P	Med LP	Pending	Avg LP	Med LP	Closings	Avg SP	Med SP	%SP/LP	Avg DOM	Med DOM
Chester Borough	32	$511,903	$489,900	24	$478,608	$475,000	21	$441,014	$478,000	97.89%	75	63
Chester Township	257	$909,527	$829,000	127	$845,389	$824,900	152	$844,740	$799,900	96.79%	72	50
Mendham Borough	118	$1,039,399	$599,000	79	$717,636	$525,000	77	$698,649	$510,000	95.21%	76	52
Mendham Township	170	$1,251,362	$869,000	101	$948,610	$799,900	103	$921,136	$795,000	95.51%	99	92
Morris Township	482	$582,365	$499,500	366	$523,918	$455,000	382	$501,817	$445,000	97.91%	58	42
Randolph	524	$543,094	$500,000	373	$524,333	$489,900	392	$512,907	$470,000	98.26%	63	46

Totals	1583	$806,275	$631,066	1090	$673,082	$594,950	1127	$653,377	$582,983	96.93%	73	57

Data compiled by Paul DeAngelis, from Garden State Multiple Listing Service.
Information deemed reliable but not guaranteed. ® copywright, Garden State Multiple Listing Service.

The following statistics represent residential, condo, and co-op sales in selected towns in Morris County from
January - December, 2002.

Town Name	New on Mkt	Avg List P	Med LP	Pending	Avg LP	Med LP	Closings	Avg SP	Med SP	%SP/LP	Avg DOM	Med DOM
Chester Borough	25	$443,516	$459,000	22	$512,231	$479,900	24	$466,304	$469,900	98.45%	84	47
Chester Township	226	$957,932	$825,000	138	$835,126	$729,000	132	$788,732	$725,000	97.63%	92	57
Mendham Borough	124	$1,154,442	$559,000	79	$847,207	$545,000	69	$736,195	$515,000	95.25%	72	52
Mendham Township	181	$1,178,739	$854,900	111	$902,868	$768,000	103	$819,169	$746,000	93.37%	100	68
Morris Township	498	$702,487	$449,000	353	$484,897	$429,900	359	$479,698	$422,500	97.93%	49	33
Randolph	451	$508,949	$474,900	327	$481,000	$449,000	347	$481,853	$439,000	99.11%	58	36

Totals	1,505	$824,344	$603,633	1,030	$677,221	$566,800	1,034	$628,658	$552,900	96.96%	75	48

Data compiled by Paul DeAngelis, from Garden State Multiple Listing Service.
Information deemed reliable but not guaranteed. ® copywright, Garden State Multiple Listing Service.