1. Listings from TREND MLS in Mercer County

2. Sample Market Absorption Rate Current active listings Reported sales in last 30 days = Absorption Rate in months. Also known as months supply. Anytown, NJ 5-6 Months Market Absorption Rate indicates a normal market.

3. Market Absorption Scale (Absorption Rate in Months) 5-6 months absorption rate indicates a normal market.

4. Market Scale for Supply & Demand High Supply/Low Demand Low Supply/High Demand Normal Weichert has been studying market conditions for more than 3 decades and has found a direct correlation between market absorption and property values. As absorption rates increase beyond a normal market level of 5-6 months, property values depreciate annually. Market Absorption in Months 1 2 3 4 5 6 7 8 9 10 11 12 Normal

5. Town 07 Inven Count 07 Pending Sales (prev 30 days) 07 Absorb Rate 08 Inven. Count 08 Pending Sales (prev. 30 days) 08 Absorp. Rate 09 Inven. Count 09 Pending Sales (prev. 30 days) 09 Absorp. Rate (months) 10 Inven. Count 10 Pending Sales (prev. 30 days) 10 Absorp. Rate (months) Pton. Boro 38 4 9.5 50 2 25 43 2 21.5 27 2 13.5 Pton. Twp. 102 4 25.5 112 11 10.1 104 4 26 89 9 9.9 W. Windsor 136 27 5.03 126 14 6 127 11 11.5 109 17 6.2 Lawrence 180 15 12 189 19 9.7 155 13 10.3 197 30 6.5 East Windsor 172 25 6.8 186 22 8.45 174 12 14.5 168 15 11.2 Ewing 206 8 25.7 231 18 12.8 189 12 15.8 223 24 9.2 Hopewell Twp. 165 7 23.7 132 10 13.2 121 10 12.1 143 12 12 Cranbury 18 2 9 34 0 99 27 0 99 23 2 11.5 Plainsb. 123 6 20.5 96 14 6.85 73 8 9.12 60 11 5.4 S. Bruns. 202 22 9.16 192 22 8.75 207 13 16 148 15 10 Montgom 137 18 7.6 117 12 9.75 112 8 14 Hamilton 442 54 8.18 542 46 11.7 520 89 5.8 497 67 7 Franklin 384 63 6.0 450 53 11 346 28 12.3 Cum.

6. 3/5/10 Towns Active Listings Pending in Last 30 Days Absorption Rate in Months New Listings in 30 Days Net Gain (Loss) to Market Listings Reduced in 30 Days % of Invent. Reduced Expired Listings W/drawn Listings Closed Listings Lawrence: All Styles 201 24 8.4 52 28 33 16.4 13 3 17 Lawrence: Condo/ THouses 66 8 8.3 20 12 15 23 13 2 8 Lawrence: 55+ 27 1 27 9 8 - - 0 2 1 Lawrence: Single Family 115 14 8.2 28 14 16 14 8 1 7