Morris and Middlesex Counties
Morris County
Single Family Homes for April
Key Metrics 2022 2023 Change
New Listings 619 451 – 27.1%
Closed Sales 360 224 – 37.8%
DOM* 30 35 + 16.7%
Median PX $575K $613K + 6.5%
% of PX 106.1% 103.1% – 2.1%
Inventory 753 553 – 26.6%
Months Supply 1.7 1.6 – 5.9%
*Days on Market
Middlesex County
Single Family Homes for April
Key Metrics 2022 2023 Change
New Listings 773 489 – 36.7%
Closed Sales 405 286 – 29.4%
DOM* 35 40 + 14.3%
Median PX $480K $475K – 1.0%
% PX Rec’d 104.1% 101.9% – 2.1%
Inventory 1,820 922 – 49.3%
Month Supply 3.3 2.0 – 39.4%
*Days on Market