Morris and Middlesex Counties 
Morris County
Single Family Homes for May
Key Metrics 2021 2022 Change
New Listings 791 721 – 8.8%
Closed Sales 452 380 – 15.9%
DOM* 31 24 – 22.6%
Median PX $570K $675K + 16.4%
% of PX 102.8% 105.9% + 3.0%
Inventory 1,082 761 – 29.7%
Months Supply 1.9 1.7 – 10.5%
*Days on Market
Middlesex County
Single Family Homes for May
Key Metrics 2021 2022 Change
New Listings 878 803 – 8.5%
Closed Sales 528 481 – 8.9%
DOM* 37 28 – 24.3%
Median PX $435K $480K + 10.3%
% PX Rec’d 102.6% 105.2% + 2.5%
Inventory 2,355 1,372 – 41.7%
Month Supply 4.1 2.3 – 43.901%
*Days on Market