Morris and Middlesex Counties 
Morris County
Single Family Homes for February
Key Metrics 2021 2022 Change
New Listings 432 406 – 6.0%
Closed Sales 331 274 – 17.2%
DOM* 49 42 – 14.3%
Median PX $530K $552K + 4.2%
% of PX 99.9% 102.5% + 2.6%
Inventory 896 488 – 45.5%
Months Supply 1.8 1.0 – 44.4%
*Days on Market
Middlesex County
Single Family Homes for February
Key Metrics 2021 2022 Change
New Listings 475 446 – 6.1%
Closed Sales 433 368 – 13 .0%
Median PX $410K $444K + 8.2%
% PX Rec’d 100.3% 101.5% + 1.2%
Inventory 1,802 957 – 46.9%
Month Supply 3.3 1.6 – 51.5%
*Days on Market