June Morris and Middlesex Counties

Morris County
Single Family Homes for June
Key Metrics    2018   2019   Change
New Listings  908   897   – 1.2%
Closed Sales     593     535 – 9.8%
DOM*              49        48     – 2.0%
Median PX     $467K  $489K  + 4.7%
% of PX      98.5%   98.1%   – 0.4%
Inventory     2,448  2,438   – 0.4%
Months Supply 6.0  6.1        + 1.7%
*Days on Market

Middlesex County
Single Family Homes for June
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

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