October Sales for Morris & Morris Counties

Morris and Middlesex Counties
Morris County
Single Family Homes for October 
Key Metrics       2023       2024     Change
New Listings       358        429     + 19.8%
Closed Sales      277        310     + 11.9%
DOM*                  27          32     + 18.5%
Median PX        $650K    $703K  + 8.1%
% of PX           104.6%   103.9%  – 0.7%
Inventory          639          636      – 0.5%
Months Supply  2.2          2.1      – 4.5%
*Days on Market

Middlesex County
Single Family Homes for October
Key Metrics      2023       2024     Change
New Listings      393        470     + 19.9%
Closed Sales      389        379     –  2.6%
DOM*                  43          38      – 11.6%
Median PX       $510K    $594K     + 16.5%
% PX Rec’d    103.0%    103.2%    + 0.2%
Inventory           1,228    1,083     – 11.8%
Month Supply     3.3     2.9      – 12.1%
*Days on Market