Full Year 2006 Summit-Chatham-Madison-Morristown Condominiums - Real Estate Market Statistics

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1 Sales Price Total Assess Close Date DOM LP:SP SP:AV 1 Berkeley Heights 20 Helen Way TwnIntUn $ 408, $ 408,000 $ 217,300 02/28/ % Berkeley Heights 48 Springholm Drive TwnEndUn $ 410, $ 390,000 $ 190,100 09/21/ % Berkeley Heights 18 Arthurs Court TwnIntUn $ 414, $ 380,000 $ 191,400 08/16/ % Berkeley Heights 74 Springholm Drive TwnIntUn $ 425, $ 417,500 $ 190,100 07/28/ % Berkeley Heights 1 Cottage Court TwnEndUn $ 435, $ 405,000 $ 226,200 11/10/ % Berkeley Heights 80 Springholm Drive TwnEndUn $ 435, $ 420,000 $ 190,100 03/24/ % Berkeley Heights 10 Arthurs Court TwnEndUn $ 439, $ 410,000 $ 188,300 09/08/ % Berkeley Heights 12 Springholm Drive TwnIntUn $ 449, $ 450,000 $ 217,700 04/28/ % Berkeley Heights 5 Daisy Road TwnIntUn $ 449, $ 449,500 $ 230,700 10/30/ % Berkeley Heights 15 Daisy Road TwnEndUn $ 475, $ 475,000 $ 236,700 10/12/ % Berkeley Heights 459B Springfield Ave TwnIntUn $ 479, $ 469,000 $ - 04/28/ % 12 Berkeley Heights 16 Berkeley Square TwnEndUn $ 499, $ 475,000 $ 242,200 01/03/ % Berkeley Heights 459A Springfield Ave TwnEndUn $ 499, $ 489,000 $ - 04/26/ % 14 Berkeley Heights 15 Meadowview Lane TwnEndUn $ 649, $ 625,000 $ 278,300 12/15/ % Berkeley Heights 47 Greenbrook Road Colonial $ 839, $ 790,000 11/10/ % 16 Berkeley Heights 5 Park Edge MultiFlr $ 424, $ 415,000 $ 171,400 07/31/ % Berkeley Heights 22 Helen Way TwnIntUn $ 429, $ 419,000 $ 217,800 08/25/ % Berkeley Heights 72 Springholm Dr TwnIntUn $ 449, $ 440,000 $ 190,100 06/22/ % Berkeley Heights 4 Finch Ct TwnIntUn $ 455, $ 440,000 $ 228,400 05/04/ % Berkeley Heights 9 Paula Way TwnEndUn $ 459, $ 450,000 $ 224,800 03/01/ % Berkeley Heights 13 Castle Dr TwnEndUn $ 459, $ 455,000 $ 216,000 05/25/ % Berkeley Heights 20 Springholm Dr TwnIntUn $ 495, $ 482,000 $ 221,100 02/27/ % Berkeley Heights 7 Starling Way TwnEndUn $ 502, $ 490,000 $ 236,000 05/16/ % Chatham Boro 37 Schindler TwnEndUn $ 810, $ 810,000 $ 709,000 05/15/ % Chatham Boro 45 South Passaic Ave. OneFloor $ 949, $ 949,900 $ - 11/28/ % 26 Chatham Boro 6 Schindler Ct TwnIntUn $ 729, $ 690,000 $ 660,200 09/07/ % Chatham Twp. 7B Heritage FirstFlr $ 419, $ 419,000 $ 358,100 08/29/ % Chatham Twp. 7G Canterbury Rd OneFloor $ 429, $ 425,000 $ 366,700 10/03/ % Chatham Twp. 65 Canterbury Rd TwnIntUn $ 459, $ 445,000 $ 395,000 05/11/ % Chatham Twp. 236 Riveredge Drive TwnIntUn $ 479, $ 479,900 $ 353,300 03/29/ % 1.36 Page 1 of 8

2 Sales Price Total Assess Close Date DOM LP:SP SP:AV 31 Chatham Twp. 230 Riveredge Dr TwnEndUn $ 499, $ 485,000 $ 411,300 07/10/ % Chatham Twp. 178 Riveredge Drive TwnEndUn $ 524, $ 524,900 $ 411,300 05/15/ % Chatham Twp. 135 Riveredge Drive TwnIntUn $ 555, $ 550,000 $ 451,400 12/26/ % Chatham Twp. 131 Riveredge Dr TwnIntUn $ 599, $ 599,900 $ 221,900 01/18/ % Chatham Twp. 247 River Edge Drive TwnEndUn $ 630, $ 630,000 $ 500,200 09/25/ % Chatham Twp. 82 Canterbury Road TwnIntUn $ 649, $ 645,000 $ 596,500 07/10/ % Chatham Twp. 19 Melrose Lane TwnEndUn $ 1,299, $ 1,299,000 $ - 07/10/ % 38 Chatham Twp. 29 Canterbury Rd TwnIntUn $ 412, $ 399,850 $ 377,700 08/11/ % Chatham Twp. 240 Riveredge Dr TwnIntUn $ 417, $ 407,000 $ 353,300 11/29/ % Chatham Twp. 122 Terrace Dr MultiFlr $ 419, $ 415,000 $ 400,000 05/16/ % Chatham Twp. 4B Heritage Green OneFloor $ 459, $ 461,000 $ 359,200 06/13/ % Chatham Twp. 105 Terrace Dr TwnIntUn $ 499, $ 490,000 $ 431,800 12/20/ % Chatham Twp. 231 Terrace Dr TwnIntUn $ 530, $ 520,000 $ 431,800 07/17/ % Chatham Twp. 142 Terrace Dr OneFloor $ 548, $ 540,000 $ 422,000 06/05/ % Chatham Twp. 3 Lexington Ct TwnIntUn $ 549, $ 539,000 $ 468,200 02/01/ % Chatham Twp. 156 Terrace Dr TwnIntUn $ 559, $ 527,000 $ 422,000 04/26/ % Chatham Twp. 162 Riveredge Dr TwnIntUn $ 575, $ 550,000 $ 423,300 10/02/ % Chatham Twp. 127 Riveredge Dr TwnEndUn $ 630, $ 651,500 $ 500,200 08/01/ % Chatham Twp. 70 Canterbury Rd MultiFlr $ 645, $ 610,000 $ 596,500 10/31/ % Chatham Twp. 295 Riveredge Dr MultiFlr $ 650, $ 650,000 $ 576,900 01/26/ % Harding Twp. 11 Sycamore Lane TwnIntUn $ 449, $ 440,000 $ 309,300 07/10/ % Harding Twp. 6 Sycamore Lane TwnEndUn $ 519, $ 495,000 $ 336,800 07/17/ % Harding Twp. 11 Forest Dale Drive TwnEndUn $ 555, $ 537,500 $ 349,000 10/10/ % Harding Twp. 37 Kennedy Ln CapeCod $ 3,490, $ 3,400,000 $ 2,280,100 02/27/ % Harding Twp. 6 Cypress Cir TwnEndUn $ 615, $ 605,000 $ 363,300 07/26/ % Madison 27 ford Court TwnIntUn $ 479, $ 483,700 $ 229,600 06/28/ % Madison 243 Plymouth Court TwnIntUn $ 594, $ 580,000 $ 321,700 07/24/ % Madison 247 Plymouth Court TwnIntUn $ 625, $ 625,000 $ 335,500 03/27/ % Madison 11 Avery Court TwnEndUn $ 625, $ 625,000 $ 340,300 08/18/ % Madison 115 Hempstead Court TwnEndUn $ 645, $ 655,000 $ 355,400 11/01/ % 1.84 Page 2 of 8

3 Sales Price Total Assess Close Date DOM LP:SP SP:AV 61 Madison 7 Amelia Court TwnEndUn $ 665, $ 665,000 $ 383,400 11/07/ % Madison 8 Klara Ct Develpmt $ 695, $ 695,000 $ 377,300 07/27/ % Madison 56 Cambridge Ct TwnIntUn $ 515, $ 515,000 $ 295,200 05/01/ % Madison 97 Greenwich Ct TwnIntUn $ 517, $ 512,000 $ 258,000 04/26/ % Madison 89 Fairfax Ct TwnIntUn $ 525, $ 525,000 $ 259,900 01/24/ % Madison 152 Leeds Ct TwnIntUn $ 529, $ 515,000 $ 259,200 02/23/ % Madison 23 ford Ct TwnIntUn $ 549, $ 549,000 $ 294,700 07/18/ % Madison 250 Plymouth Ct TwnIntUn $ 560, $ 550,000 $ 280,200 09/12/ % Madison 174 Leeds Ct TwnEndUn $ 599, $ 585,000 $ 356,100 01/13/ % Madison 53 Cambridge Ct TwnIntUn $ 624, $ 612,500 $ 323,500 09/03/ % Madison 198 Windsor Pl TwnIntUn $ 650, $ 650,000 $ 334,700 11/13/ % Morris Twp. 9B Leva Drive OneFloor $ 409, $ 400,000 $ 207,800 07/31/ % Morris Twp. 62 Witherspoon Court TwnEndUn $ 419, $ 430,000 $ 219,700 01/05/ % Morris Twp. 86 Wildflower Lane TwnIntUn $ 421, $ 410,000 $ 253,900 12/21/ % Morris Twp. 16C Leva Drive TwnEndUn $ 425, $ 397,500 $ 221,400 03/02/ % Morris Twp. 9 Timothy Court TwnEndUn $ 425, $ 412,000 $ 248,000 07/26/ % Morris Twp. 11 Timothy Ct. TwnEndUn $ 428, $ 426,500 $ 259,800 06/19/ % Morris Twp. 64 Wildflower Lane TwnEndUn $ 429, $ 425,000 $ 272,600 03/31/ % Morris Twp. 12 Timothy Court MultiFlr $ 430, $ 415,000 $ 240,700 09/26/ % Morris Twp. 4 B Leva Drive TwnEndUn $ 435, $ 425,000 $ 221,400 03/07/ % Morris Twp. 7 Wildflower Lane TwnIntUn $ 435, $ 447,000 $ 265,500 07/20/ % Morris Twp. 21 Hancock Drive TwnEndUn $ 435, $ 424,000 $ 243,300 10/10/ % Morris Twp. 17 Hancock Drive TwnIntUn $ 449, $ 461,200 $ 260,500 02/06/ % Morris Twp. 84 Wildflower Ln TwnIntUn $ 449, $ 440,000 $ 258,700 06/01/ % Morris Twp. 59 Hancock Drive TwnIntUn $ 449, $ 425,000 $ 258,700 09/29/ % Morris Twp. 9 Caroline Foster Court TwnIntUn $ 459, $ 475,000 $ 253,200 04/10/ % Morris Twp. 23 Timothy Ct. TwnIntUn $ 459, $ 459,900 $ 253,200 06/15/ % Morris Twp. 65 Wildflower Lane TwnEndUn $ 469, $ 457,000 $ 272,600 01/12/ % Morris Twp. 27 Hancock TwnIntUn $ 474, $ 455,000 $ 268,200 09/26/ % Morris Twp. 8 Shelley Pl TwnIntUn $ 485, $ 475,000 $ 270,100 05/25/ % 1.76 Page 3 of 8

4 Sales Price Total Assess Close Date DOM LP:SP SP:AV 91 Morris Twp. 19 Wildflower Lane TwnEndUn $ 499, $ 495,000 $ 271,700 04/25/ % Morris Twp. 7 Shelley Place TwnIntUn $ 519, $ 500,000 $ 300,600 01/13/ % Morris Twp. 20 Byron TwnIntUn $ 525, $ 515,000 $ 280,600 08/31/ % Morris Twp. 36 Nottingham Court TwnIntUn $ 529, $ 519,000 $ 311,200 12/19/ % Morris Twp. 6 Timothy Court TwnIntUn $ 529, $ 485,000 $ 265,400 08/14/ % Morris Twp. 40 Keats Way TwnIntUn $ 529, $ 525,000 $ 283,700 03/15/ % Morris Twp. 60 Keats Way TwnEndUn $ 549, $ 552,000 $ 355,800 01/31/ % Morris Twp. 49 Raven Drive TwnIntUn $ 549, $ 530,000 $ 329,200 05/01/ % Morris Twp. 21 Davenport Place TwnEndUn $ 559, $ 559,900 $ 340,600 05/01/ % Morris Twp. 74 Constitution Way TwnIntUn $ 569, $ 532,500 $ 317,700 02/28/ % Morris Twp. 19 Davenport TwnEndUn $ 569, $ 567,000 $ 336,100 05/03/ % Morris Twp. 61 Independence Way TwnIntUn $ 575, $ 560,000 $ 318,300 07/20/ % Morris Twp. 17 Davenport Place TwnIntUn $ 579, $ 572,000 $ 337,800 04/25/ % Morris Twp. 24 Cadence Court TwnIntUn $ 599, $ 590,000 $ 337,800 02/17/ % Morris Twp. 76 Keats Way TwnEndUn $ 599, $ 582,500 $ 355,800 10/31/ % Morris Twp. 19 Cadence Court TwnEndUn $ 620, $ 610,000 $ 336,100 08/31/ % Morris Twp. 77 Pippins Way TwnEndUn $ 625, $ 625,000 $ 338,000 05/22/ % Morris Twp. 58 Independence Way TwnEndUn $ 639, $ 625,000 $ 337,000 05/03/ % Morris Twp. 23 Raven Dr TwnIntUn $ 649, $ 645,000 $ 337,800 04/28/ % Morris Twp. 24 Boxwood Drive TwnIntUn $ 719, $ 806,000 $ 406,600 07/20/ % Morris Twp. 1 Boxwood Drive TwnEndUn $ 725, $ 700,000 $ 431,200 07/19/ % Morris Twp. 73 Sherwood Drive TwnEndUn $ 799, $ 780,000 $ 432,000 11/20/ % Morris Twp. 59 Pippins Way TwnEndUn $ 1,125, $ 999,000 $ 620,700 07/30/ % Morris Twp. 20 Pippins Way TwnEndUn $ 1,125, $ 1,115,000 $ 673,100 12/05/ % Morris Twp. 25 Pippins Way TwnEndUn $ 1,125, $ 1,080,000 $ 629,400 11/07/ % Morris Twp. 32 Pippins Way TwnEndUn $ 1,200, $ 1,200,000 $ 625,900 08/11/ % Morris Twp. 8 Wildflower Ln TwnIntUn $ 412, $ 382,450 $ 233,700 11/29/ % Morris Twp. 43 Wildflower Ln TwnEndUn $ 424, $ 410,000 $ 240,700 12/11/ % Morris Twp. 86 Hancock Dr TwnIntUn $ 439, $ 460,000 $ 262,900 03/07/ % Morris Twp. 25 Hancock Dr TwnEndUn $ 449, $ 435,000 $ 265,800 09/26/ % 1.64 Page 4 of 8

5 Sales Price Total Assess Close Date DOM LP:SP SP:AV 121 Morris Twp. 49 Wildflower Ln TwnEndUn $ 449, $ 430,000 $ 266,900 12/12/ % Morris Twp. 76 Wildflower Ln TwnIntUn $ 459, $ 455,000 $ 251,200 06/15/ % Morris Twp. 4 Hancock Dr TwnEndUn $ 469, $ 460,000 $ 265,800 05/01/ % Morris Twp. 6 Hancock Dr TwnIntUn $ 475, $ 475,000 $ 264,200 04/17/ % Morris Twp. 79 Wildflower Ln TwnEndUn $ 475, $ 470,000 $ 272,600 04/14/ % Morris Twp. 8 Nottingham Ct TwnIntUn $ 539, $ 530,000 $ 314,400 06/06/ % Morris Twp. 2 Davenport Pl TwnIntUn $ 569, $ 569,000 $ 336,100 08/01/ % Morris Twp. 10 Nottingham Ct TwnIntUn $ 599, $ 580,000 $ 311,500 08/24/ % Morris Twp. 1 Cadence Court TwnEndUn $ 610, $ 630,000 $ 339,800 07/24/ % Morris Twp. 2 Wyndmoor Dr Colonial $ 635, $ 612,000 $ 421,300 10/05/ % Morris Twp. 68 Pippins Way TwnEndUn $ 639, $ 639,000 $ 337,200 08/24/ % Morris Twp. 33 Independence Way TwnEndUn $ 639, $ 658,500 $ 332,700 05/16/ % Morris Twp. 42 Raven Dr TwnEndUn $ 742, $ 742,000 $ 412,100 06/04/ % Morris Twp. 55 Pippins Way TwnEndUn $ 1,200, $ 1,200,000 $ 643,500 02/13/ % Morristown 120 Village Drive TwnIntUn $ 400, $ 377,500 $ 254,000 11/27/ % Morristown 50 Chestnut St, Unit 3 TwnEndUn $ 414, $ 407,000 $ 281,300 04/03/ % Morristown 7C Dorado Drive TwnIntUn $ 424, $ 416,000 $ 294,900 04/07/ % Morristown 12-E Dorado Drive TwnIntUn $ 424, $ 407,000 $ 284,500 04/05/ % Morristown 3J Dorado Drive - Show TwnEndUn $ 428, $ 410,000 $ 299,900 04/10/ % Morristown 54 Elm St #A OneFloor $ 429, $ 429,900 03/16/ % 141 Morristown 6F Dorado Drive TwnIntUn $ 434, $ 424,000 $ 294,900 03/20/ % Morristown 7 Entrance Ave. TwnEndUn $ 439, $ 420,000 $ 373,000 08/25/ % Morristown 54 Elm Street TwnEndUn $ 475, $ 445,000 $ 428,500 10/03/ % Morristown 87 Taft Ln TwnIntUn $ 479, $ 480,000 $ 372,500 07/21/ % Morristown 44 Taft Lane TwnIntUn $ 499, $ 455,000 $ 372,500 02/15/ % Morristown 10 Carla Ct TwnEndUn $ 499, $ 499,000 $ 426,800 02/10/ % Morristown 7 Taft Lane TwnIntUn $ 499, $ 495,000 $ 372,500 04/28/ % Morristown 101 Taft Lane TwnEndUn $ 499, $ 495,000 $ 352,400 06/30/ % Morristown 21 Twombly Court TwnEndUn $ 516, $ 500,000 $ 439,800 06/22/ % Morristown Franklin Place TwnEndUn $ 519, $ 511,500 $ 375,500 06/26/ % 1.36 Page 5 of 8

6 Sales Price Total Assess Close Date DOM LP:SP SP:AV 151 Morristown 13 Franklin Pl - 6C TwnEndUn $ 519, $ 510,000 $ 387,400 10/25/ % Morristown Franklin Place TwnEndUn $ 544, $ 530,000 $ 385,300 11/06/ % Morristown 1 Carolyn Ct TwnEndUn $ 559, $ 547,000 $ 458,200 04/04/ % Morristown 22 Franklin Place 3-B TwnEndUn $ 579, $ 560,000 $ 409,800 06/04/ % Morristown 58 Chestnut TwnEndUn $ 624, $ 587,000 $ 266,500 07/12/ % Morristown 58 Chestnut TwnEndUn $ 624, $ 624,900 $ 266,500 07/19/ % Morristown 60 Chestnut TwnEndUn $ 639, $ 637,398 $ 266,500 08/11/ % Morristown 60 Chestnut TwnEndUn $ 649, $ 649,000 $ 266,500 08/31/ % Morristown 58 Chestnut TwnEndUn $ 684, $ 587,000 $ 266,500 07/11/ % Morristown 58 Chestnut Street OneFloor $ 719, $ 670,000 $ - 11/16/ % 161 Morristown 50 Chestnut St #1 TwnEndUn $ 725, $ 710,000 $ 570,000 06/23/ % Morristown 58 Chestnut Street OneFloor $ 729, $ 725,000 $ - 07/27/ % 163 Morristown 58-4 Chestnut Street TwnEndUn $ 759, $ 786,399 $ - 07/27/ % 164 Morristown 91 Taft Ln TwnIntUn $ 489, $ 490,000 $ 372,500 02/22/ % Morristown 19 Windmill Dr TwnIntUn $ 424, $ 415,000 $ 356,600 04/10/ % Morristown 22 Windmill Dr TwnIntUn $ 449, $ 430,000 $ 356,600 05/19/ % Morristown 9 Carla Ct TwnIntUn $ 474, $ 452,500 $ 367,600 10/31/ % Morristown 16 Twombly Ct TwnEndUn $ 475, $ 446,200 $ 449,900 07/14/ % Morristown 1 Taft Ln TwnEndUn $ 475, $ 470,000 $ 352,400 08/01/ % Morristown 10 Taft Ln TwnIntUn $ 479, $ 470,000 $ 337,400 12/29/ % Morristown 36 Windmill Dr TwnIntUn $ 494, $ 487,000 $ 421,800 03/15/ % Morristown 36 Taft Ln TwnIntUn $ 494, $ 487,000 $ 372,500 11/06/ % Morristown 26 Twombly Ct Unit D TwnEndUn $ 525, $ 510,000 $ 429,800 10/05/ % Morristown 19 Twombly Ct TwnEndUn $ 549, $ 515,000 $ 456,100 07/31/ % Morristown 5 Guy Ct TwnIntUn $ 629, $ 599,000 $ 447,200 06/30/ % New Providence 2 The Arbors TwnIntUn $ 419, $ 405,000 $ 287,900 10/02/ % New Providence 1200 Springfield Avenue TwnIntUn $ 435, $ 427,500 $ - 01/24/ % 178 New Providence 1200 Springfield Avenue TwnIntUn $ 435, $ 422,000 $ - 02/16/ % 179 New Providence 1371 Springfield Avenue #9 TwnIntUn $ 439, $ 435,500 $ 190,100 06/08/ % New Providence 1 Southgate Road TwnEndUn $ 439, $ 449,100 $ 206,710 10/20/ % 2.17 Page 6 of 8

7 Sales Price Total Assess Close Date DOM LP:SP SP:AV 181 New Providence B - 1 Southgate Road TwnEndUn $ 450, $ - 07/18/ % 182 New Providence 41 Murray Hill Square TwnEndUn $ 500, $ 525,000 $ 275,300 08/29/ % New Providence 54 Murray Hill Square Colonial $ 529, $ 510,000 $ 245,600 07/06/ % New Providence 1766E Springfield Ave TwnIntUn $ 469, $ 460,000 $ 189,200 11/13/ % New Providence 7 Murray Hill Mnr TwnIntUn $ 529, $ 495,000 $ 279,200 09/01/ % New Providence 14 Murray Hill Mnr TwnIntUn $ 645, $ 640,000 $ 306,600 06/28/ % Summit 103 Park Ave Unit E206 SeeRem $ 400, $ 370,000 $ 133,300 04/07/ % Summit 76 New England TwnIntUn $ 410, $ 410,000 $ 138,700 05/05/ % Summit New England Avenue OneFloor $ 410, $ 421,000 $ 142,100 07/14/ % Summit 30A Elm Street TwnEndUn $ 414, /15/ % 191 Summit 768 Springfield Avenue TwnIntUn $ 419, $ 419,000 $ 143,500 02/21/ % Summit 1 Euclid Avenue #4E HighRise $ 419, $ 405,000 $ 195,100 04/06/ % Summit 768 Springfield Ave TwnIntUn $ 429, $ 425,000 $ 143,500 03/03/ % Summit 768 Springfield Avenue #B-9TwnEndUn $ 435, $ 385,000 $ 143,500 12/07/ % Summit 777 Springfield Avenue #9 TwnIntUn $ 440, $ 430,000 $ 180,100 10/20/ % Summit 28 Morris Avenue TwnEndUn $ 499, $ 510,000 $ 210,400 02/21/ % Summit 27 Russell Place HalfDupl $ 525, $ 515,000 02/06/ % 198 Summit 28 Morris Avenue Unit Dd TwnEndUn $ 549, $ 586,000 $ 216,700 04/19/ % Summit Gates Avenue TwnEndUn $ 554, $ 555,000 $ 99,999 04/21/ % Summit 10 B Gates Avenue TwnEndUn $ 569, $ 549,000 03/16/ % 201 Summit 28 S Morris TwnIntUn $ 645, $ 630,000 $ 209,400 09/25/ % Summit 50H New England Avenue TwnIntUn $ 1,050, $ 1,050,000 $ 417,300 05/26/ % Summit 1 Euclid Avenue #6B HighRise $ 1,100, $ 1,190,000 $ 284,000 11/17/ % Summit 25 Norwood TwnEndUn $ 1,795, $ 1,700,000 $ 719,400 07/25/ % Summit 768 Spgfld Ave -Apt C3 TwnIntUn $ 419, $ 410,000 $ 143,500 04/13/ % Summit New Eng Ave Unit 3 TwnIntUn $ 425, $ 428,000 $ 135,600 07/07/ % Summit 777 Springfield Ave Apt 16 TwnIntUn $ 449, $ 420,000 $ 180,100 04/10/ % Summit 133 Summit Avenue Unit#18OneFloor $ 505, $ 505,000 $ - 09/22/ % 209 Summit 1 Euclid Avenue Unit #3F OneFloor $ 699, $ 699,000 $ 217,800 10/04/ % Summit 1 Euclid Avenue Unit #1A OneFloor $ 895, $ 865,000 $ 239,500 11/17/ % 3.61 Page 7 of 8

8 Sales Price Total Assess Close Date DOM LP:SP SP:AV SUMMARY Average Days on Market 59 Average List Price $569,739 Average Sales Price $555,038 % of List Price to Sales Price 97.15% Sales Price to Assessed Value 1.80 # of Units for the Month 210 AVERAGES $569,739 $555, % 1.80 Page 8 of 8

9 Full Year 2006 YEAR-TO-DATE Summit-Chatham-Madison-Morristown Condominiums - Real Estate Market Statistics January February March April May June July August September October November December YTD Days on Market 59 Average List Price $ 569,739 Average Sales Price $ 555,038 % of List Price to Sales Price 97.15% Assessed Value to Sales Price 1.80 # Units Sold to 2009 Summit-Chatham-Madison-Morristown Condominiums Summary Average Days on Market Average List Price $ 551,866 $ 528,564 $ 569,739 Average Sales Price $ 548,763 $ 526,288 $ 555,038 % of LP:SP 99.40% 99.68% 97.15% Sales Price to Assessed Value Units Sold Deemed reliable but but not guaranteed Premier Properties

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