Morris and Middlesex Counties
Morris County
Single Family Homes for January
Key Metrics 2022 2023 Change
New Listings 318 255 – 19.8%
Closed Sales 335 205 – 38.8%
DOM* 37 44 +18.9%
Median PX $580K $600K + 3.4%
% of PX 102.0% 100.1% – 1.9%
Inventory 588 477 – 17.5%
Months Supply 1.2 1.3 + 8.3%
*Days on Market
Middlesex County
Single Family Homes for January
Key Metrics 2022 2023 Change
New Listings 424 328 – 22.6%
Closed Sales 454 297 – 34.6%
DOM* 42 46 + 9.5%
Median PX $445K $465K + 4.5%
% PX Rec’d 101.8% 100.1% – 1.7%
Inventory 1,397 860 – 38.4%
Month Supply 2.4 1.8 – 25.0%
*Days on Market