July Sales for Essex & Union County

Essex County  
Single Family Homes for July
Key Metrics        2019    2020     Change
New Listings        627      796     + 27.0%
Closed Sales       584       526      – 9.9%
DOM*                   42         50      + 12.4%
Median PX       $473K   $532K   + 12.4%
% of PX            101.9%   101.7%   – 0.2%
Inventory          1,899    1,107     – 39.6%
Months Supply    4.5       2.7      – 40.0%
*Days on Market

Union County
Single Family Homes for July
Key Metrics     2019    2020    Change
New Listings     641      715    + 11.5%
Closed Sales    521      485    – 6.9%
DOM*                49        51    + 4.1%
Median PX    $379K   $438K  + 15.4%
% PX Rec’d    99.2%   99.5%  + 0.3%
Inventory        1,823      997   – 45.3%
Month Supply    4.6       2.5     – 45.7%
*Days on Market