The document analyzes housing market trends in Princeton Township, NJ as of July 19, 2009. It provides data on active listings, pending sales, absorption rates, new listings, price reductions, and closed sales for Princeton Township overall and for condo/townhouses and single family homes separately. Absorption rates above 6 months are said to negatively impact property values. Absorption rates varied by price point, with higher prices having fewer pending sales and longer absorption rates.