Local Real Estate Market Statistics and Trends (2002 - 2006)

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.

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 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 and Somerset Counties from January - December, 2005.

Town	Active Listings				New Listings				Under Contract				Sold Listings				SP/LP
	#	Avg. LP	Med. LP	Avg. DOM	#	Avg. LP	Med. LP	Avg. DOM	#	Avg. LP	Med. LP	Avg. DOM	#	Avg. SP	Med. SP	Avg. DOM
Chester Boro	41	608916	599000	76	35	597907	579900	65	23	574683	514900	61	23	568322	507000	61	.99
Chester Twp	304	1086176	950000	114	249	1073151	979000	81	144	980826	864900	71	144	938883	849000	71	.96
Harding Twp	128	3150711	2150000	132	99	3107201	1999950	97	49	1766190	1445000	86	49	1740184	1485000	86	.99
Mendham Boro	145	1299101	779000	106	127	1146787	779000	86	62	1108052	749000	65	62	1012361	725000	66	.91
Mendham Twp	268	1475604	1225000	123	219	1413090	1200000	95	113	1140352	989000	87	112	1104495	950000	87	.97
Morris Twp	656	712250	635000	68	597	707635	629900	60	422	635259	595000	52	421	652966	585000	52	1.03
Randolph Twp	637	694227	639900	79	554	702011	646777	68	343	637911	599000	60	342	628802	590000	60	.99
Bernards Twp	845	802990	629900	68	741	778942	629000	56	526	682181	579900	47	526	670813	577000	47	.98
Bernardsville Boro	267	1902712	1095000	117	224	1778841	975000	89	115	1149155	789000	90	115	1111556	775000	90	.97

All Towns	3291	-260307		87	2845	-512153		69	1797	788214		59	1794	775158		59	0.99

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

The following statistics represent residential, condo, and co-op sales in selected towns in Morris and Somerset Counties from January - December, 2006.

Town	Active Listings				New Listings				Under Contract				Sold Listings				SP/LP
	#	Avg. LP	Med. LP	Avg. DOM	#	Avg. LP	Med. LP	Avg. DOM	#	Avg. LP	Med. LP	Avg. DOM	#	Avg. SP	Med. SP	Avg. DOM
Chester Boro	61	717,421	725,000	98	53	729,602	735,000	95	20	665,285	619,000	67	20	644,327	585,000	66	96%
Chester Twp	338	1,033,407	899,900	125	277	1,012,031	890,000	104	95	947,419	879,000	80	105	921,929	850,000	80	96%
Harding Twp	166	2,904,760	1,999,000	165	123	2,659,555	1,695,000	119	43	2,054,858	1,495,000	97	44	2,094,466	1,590,000	85	93%
Mendham Boro	182	1,194,944	739,000	132	145	1,124,371	719,000	107	59	874,419	695,900	69	60	851,838	650,000	67	96%
Mendham Twp	286	1,537,020	1,199,000	146	211	1,425,515	1,150,500	107	88	1,213,731	1,090,000	101	93	1,148,539	1,000,000	99	95%
Morris Twp	717	738,444	629,900	95	622	732,146	625,000	84	338	656,518	619,000	65	331	648,374	610,000	64	97%
Randolph Twp	714	669,392	589,900	102	606	653,347	574,900	211	287	667,956	599,000	70	287	664,610	610,000	69	98%
Bernards Twp	1044	818,127	649,999	162	903	797,530	649,999	162	476	738,893	629,000	64	485	752,601	630,000	66	98%
Bernardsville Boro	327	1,646,553	979,000	133	267	1,482,147	899,975	111	99	1,168,272	750,000	91	102	1,140,704	785,000	83	94%

All Towns	3835	-94,576		129	3207	-,379,731		138	1505	817,971		71	1527	816,299		70	97%

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