The document provides luxury real estate market statistics for various towns in New Jersey for the week ending April 26, 2009. It lists data such as the number of active listings, homes under contract, absorption rates, new listings, price reductions, expired and withdrawn listings for each town. Towns reported on include Chatham Borough, Chatham Township, Denville, East Hanover and others. The statistics give an overview of luxury home listing and sales activity in the different New Jersey towns for that particular week.

1. Luxury Market StatisticsLuxury Market Statistics
Chatham BoroughChatham Borough Week Ending 4/26/2009Week Ending 4/26/2009
Active
Listings
Under
Contract
in Last 30
Days
Absorption
Rate in
Months
New
Listings
in Last
30 Days
Net Gain
(Loss)
to
Market
Listings
Price
Reduced
in Last 30
Days
% of
Invent.
Reduced
Price
Expired
Listings
in Last
30 Days
W/drawn
Listings
in Last 30
Days
All
Chatham
Borough
22 3 7.3 3 0 0 0 1 2

2. Luxury Market StatisticsLuxury Market Statistics
Chatham TownshipChatham Township Week Ending 4/26/2009Week Ending 4/26/2009
Active
Listings
Under
Contract
in Last 30
Days
Absorption
Rate in
Months
New
Listings
in Last
30 Days
Net Gain
(Loss)
to
Market
Listings
Price
Reduced
in Last 30
Days
% of
Invent.
Reduced
Price
Expired
Listings
in Last
30 Days
W/drawn
Listings
in Last 30
Days
All
Chatham
Township
62 6 10 15 9 1 1.6% 8 7

3. Luxury Market StatisticsLuxury Market Statistics
DenvilleDenville Week Ending 4/26/2009Week Ending 4/26/2009
Towns Active
Listings
Under
Contract
in Last 30
Days
Absorption
Rate in
Months
New
Listings
in Last 30
Days
Net Gain
(Loss) to
Market
Listings
Price
Reduced
in Last 30
Days
% of
Invent.
Reduced
Price
Expired
Listings
in Last
30 Days
W/drawn
Listings
in Last 30
Days
All
Denville
28 1 28 8 7 0 0% 1 1

4. Luxury Market StatisticsLuxury Market Statistics
East HanoverEast Hanover Week Ending 4/26/2009Week Ending 4/26/2009
Towns Active
Listings
Under
Contract
in Last 30
Days
Absorption
Rate in
Months
New
Listings
in Last 30
Days
Net Gain
(Loss) to
Market
Listings
Price
Reduced
in Last 30
Days
% of
Invent.
Reduced
Price
Expired
Listings
in Last
30 Days
W/drawn
Listings
in Last 30
Days
All
East
Hanover
9 2 4.5 2 0 0 0 0 1

5. Luxury Market StatisticsLuxury Market Statistics
Florham ParkFlorham Park Week Ending 4/26/2009Week Ending 4/26/2009
Active
Listings
Under
Contract
in Last 30
Days
Absorption
Rate in
Months
New
Listings
in Last 30
Days
Net Gain
(Loss) to
Market
Listings
Price
Reduced
in Last 30
Days
% of
Invent.
Reduced
Price
Expired
Listings
in Last
30 Days
W/drawn
Listings
in Last 30
Days
All
Florham
Park
21 2 10.5 7 5 0 0% 6 0

6. Luxury Market StatisticsLuxury Market Statistics
HanoverHanover Week Ending 4/26/2009Week Ending 4/26/2009
Active
Listings
Under
Contract
in Last 30
Days
Absorption
Rate in
Months
New
Listings
in Last 30
Days
Net Gain
(Loss) to
Market
Listings
Price
Reduced
in Last 30
Days
% of
Invent.
Reduced
Price
Expired
Listings
in Last
30 Days
W/drawn
Listings
in Last 30
Days
All
Hanover
16 1 16 0 -1 0 0% 0 0

7. Luxury Market StatisticsLuxury Market Statistics
HardingHarding Week Ending 4/26/2009Week Ending 4/26/2009
Active
Listings
Under
Contract
in Last 30
Days
Absorption
Rate in
Months
New
Listings
in Last
30 Days
Net Gain
(Loss)
to
Market
Listings
Price
Reduced
in Last 30
Days
% of
Invent.
Reduced
Price
Expired
Listings
in Last
30 Days
W/drawn
Listings
in Last 30
Days
All
Harding
58 3 23 9 6 0 0% 1 3

8. Luxury Market StatisticsLuxury Market Statistics
MadisonMadison Week Ending 4/26/2009Week Ending 4/26/2009
Active
Listings
Under
Contract
in Last 30
Days
Absorption
Rate in
Months
New
Listings
in Last 30
Days
Net Gain
(Loss) to
Market
Listings
Price
Reduced
in Last 30
Days
% of
Invent.
Reduced
Price
Expired
Listings
in Last
30 Days
W/drawn
Listings
in Last 30
Days
All
Madison
36 5 7 9 4 0 0% 2 3

9. Luxury Market StatisticsLuxury Market Statistics
Millburn/Short HillsMillburn/Short Hills Week Ending 4/26/2009Week Ending 4/26/2009
Active
Listings
Under
Contract
in Last 30
Days
Absorption
Rate in
Months
New
Listings
in Last 30
Days
Net Gain
(Loss) to
Market
Listings
Price
Reduced
in Last 30
Days
% of
Invent.
Reduced
Price
Expired
Listings
in Last
30 Days
W/drawn
Listings
in Last 30
Days
All
Millburn
103 14 7 29 15 0 0% 4 7

10. Luxury Market StatisticsLuxury Market Statistics
Morris PlainsMorris Plains Week Ending 4/26/2009Week Ending 4/26/2009
Active
Listings
Under
Contract
in Last 30
Days
Absorption
Rate in
Months
New
Listings
in Last 30
Days
Net Gain
(Loss) to
Market
Listings
Price
Reduced
in Last 30
Days
% of
Invent.
Reduced
Price
Expired
Listings
in Last
30 Days
W/drawn
Listings
in Last 30
Days
All
Morris
Plains
1 0 0 0 0 0 0 0 0

11. Luxury Market StatisticsLuxury Market Statistics
Morris TownshipMorris Township Week Ending 4/26/2009Week Ending 4/26/2009
Active
Listings
Under
Contract
in Last 30
Days
Absorption
Rate in
Months
New
Listings
in Last 30
Days
Net Gain
(Loss) to
Market
Listings
Price
Reduced
in Last 30
Days
% of
Invent.
Reduced
Price
Expired
Listings
in Last
30 Days
W/drawn
Listings
in Last 30
Days
All
Morris
Township
57 4 14 15 11 0 0% 7 2

12. Luxury Market StatisticsLuxury Market Statistics
MorristownMorristown Week Ending 4/26/2009Week Ending 4/26/2009
Active
Listings
Under
Contract
in Last 30
Days
Absorption
Rate in
Months
New
Listings
in Last
30 Days
Net Gain
(Loss)
to
Market
Listings
Price
Reduced
in Last 30
Days
% of
Invent.
Reduced
Price
Expired
Listings
in Last
30 Days
W/drawn
Listings
in Last 30
Days
All
Morristow
n
14 1 14 1 0 0 0 0 0

13. Luxury Market StatisticsLuxury Market Statistics
RandolphRandolph Week Ending 4/26/2009Week Ending 4/26/2009
Active
Listings
Under
Contract
in Last 30
Days
Absorption
Rate in
Months
New
Listings
in Last 30
Days
Net Gain
(Loss) to
Market
Listings
Price
Reduced
in Last 30
Days
% of
Invent.
Reduced
Price
Expired
Listings
in Last
30 Days
W/drawn
Listings
in Last 30
Days
All
Randolph
35 3 12 21 18 1 2.8% 0 8

14. Luxury Market StatisticsLuxury Market Statistics
SummitSummit Week Ending 4/26/2009Week Ending 4/26/2009
Active
Listings
Under
Contract
in Last 30
Days
Absorption
Rate in
Months
New
Listings
in Last 30
Days
Net Gain
(Loss) to
Market
Listings
Price
Reduced
in Last 30
Days
% of
Invent.
Reduced
Price
Expired
Listings
in Last
30 Days
W/drawn
Listings
in Last 30
Days
All
Summit
95 7 14 32 24 0 0% 7 6