Morris and Middlesex Counties
Morris County
Single Family Homes for February
Key Metrics    2024    2025   Change
New Listings    359    273   – 24.0%
Closed Sales   179    185   + 3.4%
DOM*Â Â Â Â Â Â Â Â Â 42Â Â Â Â Â 46Â Â Â + 9.6%
Median PXÂ Â Â Â $640KÂ Â $650KÂ Â + 1.6%
% of PXÂ Â Â Â Â Â 103.1%Â 103.4%Â + 0.3%
Inventory     534    398   – 25.5%
Months Supply  1.8    1.3   – 27.8%
*Days on Market
Middlesex County
Single Family Homes for FebruaryÂ
Key Metrics   2024    2025   Change
New Listings   344    343   – 0.3%
Closed Sales   220    258   + 17.3%
DOM*Â Â Â Â Â Â Â Â Â 45Â Â Â Â 50Â Â Â +Â 11.1%
Median PXÂ Â Â Â $533KÂ Â $563KÂ Â Â + 5.6%
% PX Rec’d  102.7%  101.7%  – 1.0%
Inventory      980    783   – 20.1%
Month Supply   2.7    2.1   – 22.2%
*Days on Market
- Morris County: It was founded in 1739 is often regarded as one of the wealthiest counties in the state. Its historical charm attracts residents and buyers alike.
- Middlesex County: Known as the “Heart of New Jersey,†it has a vibrant real estate market partly fueled by its proximity to major cities like New York and its diverse cultural hubs.
- February in Real Estate: February is typically considered a quieter month for home sales in many areas due to colder weather and post-holiday lulls. However, buyers who act during this time may find competitive pricing and motivated sellers.