Essex and Union County Sales

Essex County  
Single Family Homes for September
Key Metrics        2019    2020     Change
New Listings        749      784     + 4.7%
Closed Sales       393      623      + 58.5%
DOM*                   53        36      – 32.1%
Median PX       $429K   $5255K   + 22.4%
% of PX            99.5%  103.9%   + 4.4%
Inventory          1,898    1,203     – 36.6%
Months Supply    4.5       2.7      – 40.0%
*Days on Market

Union County
Single Family Homes for September
Key Metrics     2019    2020    Change
New Listings     767      660    – 14.0%
Closed Sales    356      529    + 48.6%
DOM*                54        43     – 20.4%
Median PX    $361K   $469K  + 29.9%
% PX Rec’d    98.5%  101.4%  + 1.9%
Inventory        1,784      961   – 46.1%
Month Supply    4.5       2.3   – 48.9%
*Days on Market