Morris and Middlesex Counties
Morris County
Single Family Homes for May
Key Metrics    2022    2023   Change
New Listings    724    494   – 31.8%
Closed Sales   383    305   – 20.4%
DOM*Â Â Â Â Â Â Â 24Â Â Â Â Â 32Â Â Â + 33.3%
Median PX    $675K  $620K  – 8.1%
% of PX      05.9% 104.9% – 0.9%
Inventory     861    563   – 34.6%
Months Supply   1.9     1.7   – 10.5%
*Days on Market
Middlesex County
Single Family Homes for May
Key Metrics   2022    2023   Change
New Listings   809    557   – 31.1%
Closed Sales   488    366   – 25.0%
DOM*Â Â Â Â Â Â Â Â 28Â Â Â Â 39Â Â Â +Â 39.3%
Median PXÂ Â Â Â $484KÂ Â $500KÂ Â Â + 3.4%
% PX Rec’d  105.1%  102.7%  – 2.3%
Inventory    1,988  962     – 51.6%
Month Supply   3.6   2.1   – 41.5%
*Days on Market