August Sales for Morris & Middlesex

Morris County
Single Family Homes for August
Key Metrics    2018   2019   Change
New Listings  623   640   + 2.7%
Closed Sales     625   607  – 2.9%
DOM*              53        54     + 1.9%
Median PX     $471K  $493K  + 4.7%
% of PX      98.3%   98.1%   – 0.2%
Inventory     2,391  2,206   – 7.7%
Months Supply 5.6  5.3      – 5.4%
*Days on Market

Middlesex County
Single Family Homes for August
Key Metrics      2018     2019    Change
New Listings     825       745    – 9.7%
Closed Sales       760      648     – 14.7%
DOM*                60         53      – 11.7%
Median PX      $360K    $380K    + 5.6%
% PX Rec’d     98.0%     98.1%    + 0.1%
Inventory     2,260       2,137      – 5.4%
Month Supply   4.2         4.1      – 2.4%
*Days on Market

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