# of homes sold, active listings on the market in Cranbury, East Windsor, Ewing, Hamilton, Hopewell, Monroe, Plainsboro, South Brunswick, Princeton, West Windsor

1. Sample Market Absorption Rate 107 current active listings 4 reported sales in last 30 days = 24.3 months absorption rate Anytown., NJ 5-6 Months Market Absorption Rate indicates a normal market.

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

3. 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

4. 10/6/09 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 Princeton Boro: All Styles 43 5 8.6 6 1 5 11.6% 7 1 4 Pton -Boro Condo/ Thouses 12 2 6 2 0 2 17% 4 0 1 Pton-Boro Single Family 31 3 10.4 4 1 3 10% 3 1 3 Pton Twp: All Styles 119 7 17 20 13 24 21% 9 8 16 Pton Twp: Condo/ Thouses 21 1 21 6 5 3 15% 2 0 4 Pton Twp: Single Family 98 6 16.3 14 8 21 22% 7 8 12

5. Town by Town Analysis 10/6/09 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 West Windsor: All Styles 100 20 5 35 2 16 16% 7 6 26 West Windsor Condo/ T.Houses 11 10 1.7 9 (6) 2 18% 2 2 8 West Windsor 55+ 12 1 12 - - - - - - - West Windsor Single Family 77 9 26 8 14 18% 5 4 18 Lawrence: All Styles 197 20 9.8 47 16 49 25 19 10 31 Lawrence: Condo/ THouses 83 10 8.1 25 7 19 23 7 6 16 Lawrence: 55+ 27 0 99 - - - - - - - Lawrence: Single Family 87 10 8.7 22 9 30 34 12 4 15

6. Town by Town Analysis 10/6/09 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 Ewing: All Styles 232 30 7.7 52 7 53 23% 17 7 24 Ewing : Condo/ T.Houses 42 5 8.4 10 2 11 26% 4 3 2 Ewing 55+: 4 0 99 - - - - - - - Ewing: Single Family 186 24 7.5 42 5 42 23% 13 4 22 East Windsor: All Styles 165 16 10.3 33 8 30 18% 8 10 24 East Windsor: Condo/ THouses 92 10 9.2 21 4 20 22% 4 7 14 East Windsor: 55+ 18 0 99 - - - - - - - East Windsor: Single Family 55 6 9.1 12 4 10 18% 4 3 10

7. Town by Town Analysis 10/6/09 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 Hopewell Twp. All Styles 153 12 12.7 22 3 23 15% 13 9 13 Hopewell Twp. Condo/ T.Houses 12 8 4 2 (6) 2 6% 4 3 5 Hopewell Twp.: 55+ 3 0 99 - - - - - - - Hopewell Twp: Single Family 138 8 17.2 20 9 21 15% 9 6 8 Hamilton: All Styles 527 55 9.9 112 19 119 23% 51 22 83 Hamilton: Condo/ THouses 99 15 6.6 25 0 33 33% 9 4 1 Hamilton: Single Family 386 41 9.4 87 22 86 22% 42 18 65 Hamilton: 55+ 42 2 21 - - - - - - -

8. Town by Town Analysis 10/6/09 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 Robbinsville All Styles 103 9 11.4 22 11 22 21% 6 4 12 Robbinsville Condo/ T.Houses 52 7 7.4 16 10 10 20% 5 2 7 Robbinsville 55+ - - - - - - - - - - Single Family 51 2 22.5 6 1 12 24% 1 2 5 Hightstown Boro: All Styles 50 5 10 5 (6) 15 30% 5 3 2 Pennington 25 0 99 3 3 8 32% 5 1 0 Hopewell Boro: All Styles 7 1 7 1 (2) 0 0 0 0 1

9. Market Activity: Town by Town Analysis 10/6/09 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 PlainsboroAll Styles 52 10 5.2 7 (3) 12 23% 11 0 19 Plainsboro Condo/ THouses 25 9 2.7 5 (4) 4 20% 5 0 13 Plainsboro 55+ 12 0 99 0 0 1 8% 1 0 0 Plainsboro Single Family 15 1 15 2 1 7 46% 5 0 5 Cranbury: All Styles 34 1 34 5 4 2 8% 3 0 1 Cranbury: 55+ 3 0 99 0 0 0 0 1 0 1 Cranbury: Single Family 31 1 31 5 4 2 6% 2 0 1

10. Town by Town Analysis 10/6/09 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 South Brunswick All Styles 164 18 9 37 19 28 18% 28 8 38 South Brunswick Condo/ T.Houses 41 12 3 13 (1) 5 12% 8 3 12 South Brunswick 55+ 31 0 99 99 9 4 12% 2 0 3 South Brunswick Single Family 92 6 15 17 11 21 22% 17 5 22 Monroe: All Styles 450 29 15 74 68 74 16% 46 7 68 Monroe: 55+ 288 17 17 49 45 51 17% 31 5 52 Monroe: Single Family 162 12 13.5 25 13 24 15% 15 2 16

11. 10/6/09 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 Montgom. 116 24 4.8 22 (2) 27 24% 11 10 19 Hillsboro 256 36 7.1 42 6 44 17% 14 12 29 Rocky Hill 3 1 3 1 0 0 0 0 0 0 Franklin 385 57 6.8 105 48 81 22% 39 19 57