Local Real Estate Market Statistics and Trends (2007)

All Towns Total

Mendham Borough Real Estate Market Analysis

January - December, 2007

#Beds	Active Listings			New Listings			Under Contract				Sold Listings				SP/LP
	#	Avg. LP	Med. LP	#	Avg. LP	Med. LP	#	Avg. LP	Med. LP	Avg. DOM	#	Avg. SP	Med. SP	Avg. DOM
0	0	00	00	0	00	00	0	00	00	0	0	00	00	0	0%
1	0	00	00	0	00	00	0	00	00	0	0	00	00	0	0%
2	28	453,479	449,900	21	449,024	449,900	8	437,563	419,000	131	10	423,050	400,000	115	95%
3	46	626,694	519,000	34	613,750	515,000	15	500,177	475,000	123	14	482,821	440,000	129	96%
4	65	859,565	739,000	47	800,253	724,500	25	874,528	724,500	113	24	888,708	724,500	111	94%
5+	39	2,277,113	1,549,000	24	1,697,313	1,093,000	11	1,350,982	925,000	135	13	1,549,346	815,000	133	93%
TOWN	178	1,046,092	659,000	126	862,257	649,900	59	808,935	639,900	122	61	860,008	635,000	121	94%

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Mendham Township Real Estate Market Analysis

January - December, 2007

#Beds	Active Listings			New Listings			Under Contract				Sold Listings				SP/LP
	#	Avg. LP	Med. LP	#	Avg. LP	Med. LP	#	Avg. LP	Med. LP	Avg. DOM	#	Avg. SP	Med. SP	Avg. DOM
0	0	00	00	0	00	00	0	00	00	0	0	00	00	0	0%
1	1	725,000	725,000	1	725,000	725,000	1	725,000	725,000	33	0	00	00	0	0%
2	7	311,805	299,900	4	304,908	285,000	1	449,000	449,000	102	1	450,000	450,000	102	100%
3	43	871,065	689,000	29	848,900	650,000	15	751,953	699,000	99	15	690,600	675,000	95	90%
4	121	1,259,233	1,150,000	88	1,216,296	1,145,000	41	1,335,668	1,145,000	105	42	1,136,081	1,050,000	97	96%
5+	76	2,584,930	1,849,000	54	2,455,126	1,749,000	23	1,886,261	1,495,000	108	23	1,791,026	1,469,000	110	96%
TOWN	248	1,569,296	1,175,000	176	1,512,350	1,150,000	81	1,365,428	1,100,000	104	81	1,231,087	1,050,000	101	95%

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Chester Borough Real Estate Market Analysis

January - December, 2007

#Beds	Active Listings			New Listings			Under Contract				Sold Listings				SP/LP
	#	Avg. LP	Med. LP	#	Avg. LP	Med. LP	#	Avg. LP	Med. LP	Avg. DOM	#	Avg. SP	Med. SP	Avg. DOM
0	1	350,000	350,000	1	350,000	350,000	0	00	00	0	0	00	00	0	0%
1	0	00	00	0	00	00	0	00	00	0	0	00	00	0	0%
2	9	126,811	54,000	6	102,400	54,000	3	175,633	84,900	202	4	134,225	46,000	170	92%
3	15	529,430	519,900	12	522,692	519,900	4	533,450	449,900	69	4	502,500	430,000	69	94%
4	27	760,267	735,000	18	753,356	695,000	14	725,414	669,000	141	14	686,571	655,000	140	95%
5+	0	00	00	0	00	00	0	00	00	0	0	00	00	0	0%
TOWN	52	576,153	580,000	37	562,084	580,000	21	610,310	615,000	136	22	552,677	550,000	132	95%

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Chester Township Real Estate Market Analysis

January - December, 2007

#Beds	Active Listings			New Listings			Under Contract				Sold Listings				SP/LP
	#	Avg. LP	Med. LP	#	Avg. LP	Med. LP	#	Avg. LP	Med. LP	Avg. DOM	#	Avg. SP	Med. SP	Avg. DOM
0	1	750,000	750,000	0	00	00	0	00	00	0	0	00	00	0	0%
1	0	00	00	0	00	00	0	00	00	0	0	00	00	0	0%
2	18	422,300	399,900	14	427,393	389,900	6	454,283	374,900	74	5	349,280	386,500	68	96%
3	44	637,823	585,000	32	632,400	579,000	13	549,900	499,900	121	14	535,529	510,000	117	96%
4	163	941,584	884,000	118	928,229	895,000	58	870,400	815,000	96	56	830,038	790,000	92	96%
5+	86	1,655,180	1,495,500	62	1,623,110	1,450,000	32	1,489,706	1,369,000	126	28	1,340,943	1,335,000	132	94%
TOWN	312	1,064,870	899,000	226	1,045,947	899,000	109	991,084	895,000	106	103	905,557	805,000	105	95%

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Morris Township Real Estate Market Analysis

January - December, 2007

#Beds	Active Listings			New Listings			Under Contract				Sold Listings				SP/LP
	#	Avg. LP	Med. LP	#	Avg. LP	Med. LP	#	Avg. LP	Med. LP	Avg. DOM	#	Avg. SP	Med. SP	Avg. DOM
0	0	00	00	0	00	00	0	00	00	0	0	00	00	0	0%
1	9	247,478	239,900	7	235,500	234,900	3	229,933	230,000	65	3	223,967	219,900	65	97%
2	109	456,063	434,900	87	448,286	434,900	52	432,808	424,000	72	51	428,603	415,000	72	97%
3	206	579,481	515,000	164	576,169	509,000	95	556,934	499,900	61	101	539,647	490,000	60	97%
4	267	743,816	669,900	214	735,914	669,000	111	735,652	688,000	69	119	699,574	650,000	67	97%
5+	123	1,224,683	995,000	96	1,116,314	849,000	41	1,083,634	999,000	100	42	1,044,949	999,000	100	96%
TOWN	714	729,056	600,000	568	703,861	599,999	302	669,506	589,000	71	316	646,114	557,000	70	97%

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Randolph Real Estate Market Analysis

January - December, 2007

#Beds	Active Listings			New Listings			Under Contract				Sold Listings				SP/LP
	#	Avg. LP	Med. LP	#	Avg. LP	Med. LP	#	Avg. LP	Med. LP	Avg. DOM	#	Avg. SP	Med. SP	Avg. DOM
0	2	519,750	215,000	2	519,750	215,000	0	00	00	0	0	00	00	0	0%
1	0	00	00	0	00	00	0	00	00	0	0	00	00	0	0%
2	35	376,717	379,900	26	385,142	379,900	16	360,756	369,000	70	17	349,588	360,000	73	98%
3	175	433,012	429,900	143	430,700	429,000	64	433,405	425,000	79	60	415,038	405,000	77	96%
4	297	662,426	619,900	223	660,982	625,000	118	659,497	618,900	81	121	648,999	590,000	79	97%
5+	102	928,082	794,900	76	897,554	774,900	40	850,317	769,000	78	42	786,656	725,000	81	97%
TOWN	611	624,233	539,000	470	613,311	529,900	238	610,687	549,900	79	240	593,391	537,500	78	97%

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Bernards Township (Basking Ridge) Real Estate Market Analysis

January - December, 2007

#Beds	Active Listings			New Listings			Under Contract				Sold Listings				SP/LP
	#	Avg. LP	Med. LP	#	Avg. LP	Med. LP	#	Avg. LP	Med. LP	Avg. DOM	#	Avg. SP	Med. SP	Avg. DOM
0	0	00	00	0	00	00	0	00	00	0	0	00	00	0	0%
1	64	258,958	249,900	49	259,210	249,900	43	259,551	249,900	57	43	251,026	237,500	51	97%
2	211	363,897	333,000	183	358,648	329,900	133	358,509	334,900	67	145	347,802	325,000	70	97%
3	223	650,525	618,900	180	642,479	615,000	93	634,806	618,900	57	94	604,079	582,500	59	96%
4	295	940,195	799,999	223	926,963	800,000	126	888,857	799,000	71	130	874,127	792,000	70	97%
5+	164	1,700,961	1,449,000	128	1,608,814	1,399,000	63	1,427,387	1,198,000	80	62	1,325,154	1,090,000	94	97%
TOWN	957	830,447	655,000	763	795,047	649,900	458	698,255	599,000	67	474	662,036	572,500	69	97%

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Bernardsville Real Estate Market Analysis

January - December, 2007

#Beds	Active Listings			New Listings			Under Contract				Sold Listings				SP/LP
	#	Avg. LP	Med. LP	#	Avg. LP	Med. LP	#	Avg. LP	Med. LP	Avg. DOM	#	Avg. SP	Med. SP	Avg. DOM
0	0	00	00	0	00	00	0	00	00	0	0	00	00	0	0%
1	2	407,500	215,000	2	407,500	215,000	0	00	00	0	0	00	00	0	0%
2	22	528,150	382,000	16	553,163	372,900	6	421,650	384,900	181	6	408,000	355,000	181	97%
3	78	741,438	535,000	59	660,824	510,000	24	672,658	499,900	115	28	578,911	470,000	113	95%
4	102	947,350	829,000	80	943,101	799,900	39	934,746	759,000	97	38	908,961	759,000	101	96%
5+	108	2,828,327	2,295,000	79	2,479,232	1,895,000	24	2,513,292	1,899,000	135	24	2,186,563	1,730,000	123	95%
TOWN	312	1,513,960	899,000	236	1,355,769	850,000	93	1,241,374	749,000	117	96	1,100,786	720,000	115	95%

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Harding Real Estate Market Analysis

January - December, 2007

#Beds	Active Listings			New Listings			Under Contract				Sold Listings				SP/LP
	#	Avg. LP	Med. LP	#	Avg. LP	Med. LP	#	Avg. LP	Med. LP	Avg. DOM	#	Avg. SP	Med. SP	Avg. DOM
0	0	00	00	0	00	00	0	00	00	0	0	00	00	0	0%
1	0	00	00	0	00	00	0	00	00	0	0	00	00	0	0%
2	17	569,041	519,000	14	560,414	510,000	9	567,322	529,000	86	11	556,955	500,000	84	95%
3	31	1,299,971	749,000	26	1,160,623	699,900	10	996,380	699,900	63	11	970,545	682,000	62	95%
4	40	1,816,292	1,595,000	30	1,700,957	1,495,000	17	1,516,941	1,495,000	91	21	1,425,238	1,350,000	107	94%
5+	79	4,326,846	3,750,000	51	3,975,311	3,400,000	16	3,583,938	3,395,000	107	16	3,991,406	3,200,000	119	112%
TOWN	167	2,781,110	1,975,000	121	2,411,501	1,695,000	52	1,888,475	1,495,000	90	59	1,874,492	1,350,000	97	104%

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Real Estate Market Analysis Totals For All Towns

January - December, 2007

#Beds

Active Listings

New Listings

Under Contract

Sold Listings

SP/LP

#

Avg. LP

#

Avg. LP

#

Avg. LP

&