Morris and Middlesex Counties
Morris County
Single Family Homes for July
Key Metrics 2021 2022 Change
New Listings 701 571 – 18.5%
Closed Sales 623 512 – 17.8%
DOM* 28 21 – 29.0%
Median PX $600K $620K + 3.3%
% of PX 103.2% 104.8% + 1.6%
Inventory 1,198 900 – 24.9%
Months Supply 2.3 2.1 – 8.7%
*Days on Market
Middlesex County
Single Family Homes for July
Key Metrics 2021 2022 Change
New Listings 855 702 – 8.5%
Closed Sales 662 590 – 10.9%
DOM* 31 32 + 3.2%
Median PX $470K $491K + 4.6%
% PX Rec’d 103.5% 108.8% + 0.3%
Inventory 2,594 1,592 – 38.6%
Month Supply 4.3 2.7 – 37.2%
*Days on Market