Morris County
Single Family Homes for August
Key Metrics       2020        2021     Change
New Listings        749         587    – 21.6%
Closed Sales      711          646    –  9.1%
DOM*                   49            30     – 38.8%
Median PX       $530K       $595K  + 12.3%
% of PX            99.6%     102.2% + 2.6%
Inventory          1,509       1,002    – 33.6%
Months Supply    3.3           1.9   – 42.4%
*Days on Market

Middlessex County
Single Family Homes for August

Key Metrics         2020      2021     Change
New Listings         871        741    – 14.9%
Closed Sales        702        748    +  6.6%
DOM*                    57          35      – 38.6%
Median PX          $410K    $453K   + 10.4%
% PX Rec’d         99.4% 102.8%    + 3.4%
Inventory            2,609    1,646       – 36.9%
Month Supply        5.4       2.5       – 53.7%
*Days on Market