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Absorption rates, active inventory, market trends Lawrence NJ Mercer County
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07 Inventory Ct
07 Pending sales
07 Abs. Rate
07 Active w/ Contracts
08 Inventory Ct
08 Pending Sates
08 Abs. Rate
08 Active w/ Contracts
09 Inventory Ct
09 Pendings 09 Abs. Rate
Pton Boro 65 5 12.6 0 51 3 17.0 5 46 10 4.6
Pton Twp 139 11 12.6 1 111 7 15.5 9 146 17 9.0
W. Windsor 169 25 5.6 5 138 21 6.6 21 105 38 2.7
Lawrence 236 14 16.9 3 203 16 12.7 18 187 35 5.3
East Windsor 231 13 17.8 231 211 25 8.4 12 193 30 6.4
Ewing 282 26 10.8 5 246 11 22.4 12 243 24 10.1
Hamilton 583 50 11.7 0 638 36 17.7 25 575 97 6.0
Hopewell Twp. 205 13 15.8 7 137 17 8.1 20 182 12 13.0
Cranbury 38 1 38.0 1 37 1 37.0 3 26 1 26.0
Plainsboro 145 14 10.4 1 119 10 11.9 16 87 12 7.3
South Brunswick 241 32 7.5 19 207 24 8.6 13 230 17 13.0
Montgom. 169 35 4.8 59 144 29 5.0 43 0 0 0.0
Cum. 2503 239 10.5 332 2242 200 11.2 197 2020 293 6.9
Lawrence Active YTD Listings v Pending Analysis
0
50
100
150
200
250
300
Lawrence Actives
Lawrence Pendings
Lawrence Reductions
Lawrence Active Inventory
0
50
100
150
200
250
300
Lawrence Actives
Lawrence Condo/Townhouse Active Inventory
0
10
20
30
40
50
60
70
80
90
100
Lawrence C/T Inventory
Lawrence Single Family Active Inventory
0
20
40
60
80
100
120
Lawrence Single Family Inventory
Lawrence 55+ Active Inventory
0
2
4
6
8
10
12
14
16
18
20
Lawrence 55+ Inventory
Lawrence Condo/Townhouse Absorption Rate
02468
1012141618
12
/29
/20
08
1/5
/20
09
1/1
2/2
00
91
/19
/20
09
1/2
6/2
00
92
/2/2
00
92
/9/2
00
92
/16
/20
09
2/2
3/2
00
93
/2/2
00
93
/9/2
00
93
/16
/20
09
3/2
3/2
00
93
/30
/20
09
4/6
/20
09
4/1
3/2
00
94
/20
/20
09
4/2
7/2
00
95
/4/2
00
95
/11
/20
09
5/1
8/2
00
95
/25
/20
09
6/1
/20
09
6/8
/20
09
6/1
5/2
00
96
/22
/20
09
6/2
9/2
00
97
/6/2
00
97
/13
/20
09
Lawrence C/T Abs. Rate
Lawrence Single Family Absorption Rate
0
5
10
15
20
25
30
12
/29
/20
08
1/5
/20
09
1/1
2/2
00
91
/19
/20
09
1/2
6/2
00
92
/2/2
00
92
/9/2
00
92
/16
/20
09
2/2
3/2
00
93
/2/2
00
93
/9/2
00
93
/16
/20
09
3/2
3/2
00
93
/30
/20
09
4/6
/20
09
4/1
3/2
00
94
/20
/20
09
4/2
7/2
00
95
/4/2
00
95
/11
/20
09
5/1
8/2
00
95
/25
/20
09
6/1
/20
09
6/8
/20
09
6/1
5/2
00
96
/22
/20
09
6/2
9/2
00
97
/6/2
00
97
/13
/20
09
Lawrence Single Family Abs. Rate
Lawrence 55+ Absorption Rate
0
20
40
60
80
100
120
12/2
9/20
081/
5/20
091/
12/2
009
1/19
/200
91/
26/2
009
2/2/
2009
2/9/
2009
2/16
/200
92/
23/2
009
3/2/
2009
3/9/
2009
3/16
/200
93/
23/2
009
3/30
/200
94/
6/20
094/
13/2
009
4/20
/200
94/
27/2
009
5/4/
2009
5/11
/200
9
Lawrence 55+ Abs. Rate
Source: trend mls
Lawrence Pendings vs. Reductions
0102030405060708090
100
Lawrence Active w/ Contract
Lawrence Reductions
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