Morris and Middlesex Counties 
Morris County
Single Family Homes for January
Key Metrics 2021 2022 Change
New Listings 410 316 – 22.9%
Closed Sales 392 335 – 14.5%
DOM* 41 37 – 9.8%
Median PX $517K $580K + 12.1%
% of PX 100.2% 102.0% + 1.8%
Inventory 935 465 – 50.3%
Months Supply 1.8 1.0 – 44.4%
*Days on Market
Middlesex County
Single Family Homes for January
Key Metrics 2021 2022 Change
New Listings 505 422 – 16.4%
Closed Sales 493 448 – 8.9%
DOM* 49 42 – 14.3%
Median PX $410K $450K + 9.8%
% PX Rec’d 101.1% 101.8% + 0.7%
Inventory 1,847 957 – 48.2%
Month Supply 3.4 1.6 – 52.9%
*Days on Market