Morris and Middlesex Counties
Morris County
Single Family Homes for July
Key Metrics 2022 2023 Change
New Listings 573 391 – 31.8%
Closed Sales 516 358 – 30.6%
DOM* 21 24 + 14.3%
Median PX $620K $701K + 13.0%
% of PX 104.8% 106.2% + 1.3%
Inventory 996 602 – 39.6%
Months Supply 2.3 2.0 – 13.0%
*Days on Market
Middlesex County
Single Family Homes for July
Key Metrics 2022 2023 Change
New Listings 784 496 – 36.7%
Closed Sales 593 415 – 30.0%
DOM* 31 33 + 6.5%
Median PX $491K $532K + 8.5%
% PX Rec’d 103.8% 104.4% + 0.6%
Inventory 2,104 850 – 59.6%
Month Supply 3.9 1.9 – 51.3%
*Days on Market