Let's check Union County. Based on Realist data, there were 5,680 single family home sales in 2007 and only 3,625 sales this year. The median home price in 2007 was $389,000. This year it is $365,000.

For condos, the number of sales is up, believe it or not. From 434 to 555. And the median price is $281,000 down from $292,200.

Actually not too bad for Union County overall.

Based on Realist data, there were 5,871 single family home sales in 2007 and 4,086 sales this year. The median home price in 2007 was $462,500. This year it is $443,250.

For condos, the number of sales is down from 849 to 833! And the median price is $355,000 down from $360,000.

So Morris County has declined, but not nearly as bad as some other markets.

Based on MLS data, there were 8,277 single family home sales in 2007 and only 5,123 sales this year. The median home price in 2007 was $499,000. This year it is $465,000.

For condos, the number of sales is down from 2,348 to only 1,362! And the median price is $380,000 down from $395,000.

Interesting and bad.