Morris and Middlesex Counties
Morris County
Single Family Homes for April
Key Metrics 2021 2022 Change
New Listings 781 615 – 21.3%
Closed Sales 470 355 – 24.5%
DOM* 45 30 – 33.3%
Median PX $550K $575K + 4.5%
% of PX 101.0% 106.0% + 5.0%
Inventory 973 669 – 31.2%
Months Supply 1.8 1.5 – 16.7%
*Days on Market
Middlesex County
Single Family Homes for April
Key Metrics 2021 2022 Change
New Listings 841 764 – 9.2%
Closed Sales 503 404 – 19.7%
DOM* 44 35 – 20.5%
Median PX $423K $480K + 13.5%
% PX Rec’d 101.9% 104.1% + 2.2%
Inventory 2,113 1,277 – 39.6%
Month Supply 3.7 2.1 – 43.2%
*Days on Market