Morris County
Single Family Homes for May
Key Metrics 2018 2019 Change
New Listings 1,117 1,077 – 3.6%
Closed Sales 441 468 + 6.1%
DOM* 56 57 + 1.8%
Median PX $440K $455K + 3.4%
% of PX 98.6% 98.7% + 0.1%
Inventory 2,448 2,438 – 0.4%
Months Supply 5.7 5.8 + 1.8%
*Days on Market
Middlesex County
Single Family Homes for May
Key Metrics 2018 2019 Change
New Listings 1,020 931 – 8.7%
Closed Sales 542 594 + 9.6%
DOM* 61 59 – 3.3%
Median PX $335K $356K + 6.2%
% PX Rec’d 98.9% 98.5% – 0.4%
Inventory 2,193 2,163 – 1.4%
Month Supply 4.0 4.1 + 2.5%
*Days on Market
The most dramatic shift in Middlesex County’s single-family sales came by way of the 9.6% surge in closed sales for May year-over-year.