Morris and Middlesex Counties
Morris County
Single Family Homes for December
Key Metrics 2022 2023 Change
New Listings 161 134 – 16.8%
Closed Sales 301 296 – 1.7%
DOM* 38 34 – 25.6%
Median PX $575K $661K + 15.0%
% of PX 101.0% 103.5% + 2.5%
Inventory 589 385 – 34.6%
Months Supply 1.6 1.3 – 18.8%
*Days on Market
Middlesex County
Single Family Homes for December
Key Metrics 2022 2023 Change
New Listings 219 234 + 6.8%
Closed Sales 415 359 – 13.5%
DOM* 46 40 – 13.0%
Median PX $450K $555K + 23.3%
% PX Rec’d 100.0% 102.4% + 2.4%
Inventory 1,249 815 – 37.4%
Month Supply 2.6 2.2 – 15.4%
*Days on Market