This weekly market update provides information on recent closed home sales, current inventory levels, and absorption rates in West Windsor Township for the week ending 12/5/2009. The absorption rate, which measures the average time it takes to sell all homes currently listed, is used to determine if the market has high or low housing supply and demand. Absorption rates above 6 months indicate a market with high supply and low demand, which can lead to lower annual home price appreciation.

1. West Windsor Weekly Market Update Week Ending 12/5/2009 609-462-3737 DonnaReilly@weichert.com www.West-Windsor-Homes-NJ.com www.Facebook.com/West.Windsor.Homes.NJ

2. CLOSED SALES THIS WEEKIn West Windsor

3. West Windsor Market Activity – 12/2/09

4. Market Absorption Rates Market Absorption is an industry-wide standard used to measure the current real estate market. Simply put, it is the amount of time, in months, that it would take to sell the existing inventory at the current pace of sales, assuming no other homes come on the market.

5. West Windsor Township Absorption Rates

6. West Windsor Single Family Absorption Rates

7. West Windsor Condo/Townhouse Absorption Rates

8. West Windsor Market Activity

9. West Windsor Township Inventory

10. West Windsor Single Family Inventory

11. West Windsor Condo/Townhouse Inventory

12. 1 2 3 4 5 6 7 8 9 10 11 12 Normal Market Absorption in Months 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.

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