Morris and Middlesex Counties
Morris County
Single Family Homes for March
Key Metrics 2022 2023 Change
New Listings 570 415 – 27.2%
Closed Sales 338 273 – 19.2%
DOM* 38 45 + 18.4%
Median PX $575K $615K + 7.0%
% of PX 103.9% 101.9% – 1.9%
Inventory 633 494 – 22.0%
Months Supply 1.4 1.4 – 0.0%
*Days on Market
Middlesex County
Single Family Homes for March
Key Metrics 2022 2023 Change
New Listings 717 510 – 28.9%
Closed Sales 409 349 – 14.7%
DOM* 40 48 + 20.0%
Median PX $460K $475K + 3.3%
% PX Rec’d 103.3% 101.1% – 2.2%
Inventory 1,590 862 – 45.8%
Month Supply 2.8 1.8 – 35.7%
*Days on Market