For Sale vs. Recently Sold (December 19, 2009 - January 18, 2010)

Here's a snapshot of the inventory for the past 30 days in Morristown.  The chart also has properties listed numerically at the bottom.  Tihs chart represents homes in the $200,000-$450,000 range and is just one snapshot of the overall inventory.  Typically, this is a price range that contains properties that include a higher proportion of condominiums,townhomes and small, single-family homes.  First tiime buyers make up a bulk of these tranasctions and the averge occupancy durantion is 3-5 years.