Morris and Middlesex Counties
Morris County
Single Family Homes for August
Key Metrics    2022    2023   Change
New Listings    417    348   – 16.5%
Closed Sales   559    353   – 36.9%
DOM*Â Â Â Â Â Â Â 26Â Â Â Â Â 26Â Â Â + 0.0%
Median PXÂ Â Â Â $600KÂ Â $680KÂ Â + 13.3%
% of PXÂ Â Â Â Â Â 103.5%Â 105.8%Â + 2.2%
Inventory     863    621   – 28.0%
Months Supply   2.0     2.1   + 5.0%
*Days on Market
Middlesex County
Single Family Homes for August
Key Metrics   2022    2023   Change
New Listings   590    295   – 50.0%
Closed Sales   577    220   – 61.9%
DOM*Â Â Â Â Â Â Â Â 33Â Â Â Â 33Â Â Â +Â 0.0%
Median PXÂ Â Â Â $515KÂ Â $575KÂ Â Â + 11.7%
% PX Rec’d  103.4%  104.7%  + 1.3%
Inventory    1,976  808    – 59.1%
Month Supply   3.8   1.9   – 50.0%
*Days on Market
Month Supply   3.9   1.9   – 51.3%
*Days on Market