Morris and Middlesex Counties
Morris County
Single Family Homes for February
Key Metrics 2022 2023 Change
New Listings 408 283 – 30.6%
Closed Sales 274 160 – 41.6%
DOM* 42 54 + 28.6%
Median PX $553K $633K + 14.5%
% of PX 102.5% 100.1% – 2.3%
Inventory 590 458 – 22.4%
Months Supply 1.2 1.3 + 8.3%
*Days on Market
Middlesex County
Single Family Homes for February
Key Metrics 2022 2023 Change
New Listings 454 347 – 23.6%
Closed Sales 374 252 – 32.6%
DOM* 54 53 – 1.9%
Median PX $440K $470K + 6.8%
% PX Rec’d 101.4% 100.0% – 1.4%
Inventory 1,399 863 – 38.3%
Month Supply 3.5 1.8 – 28.0%
*Days on Market