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* 42 46 + 9.6%
Median PX $640K $650K + 1.6%
% of PX 103.1% 103.4% + 0.3%
Inventory 534 398 – 25.5%
Months Supply 1.8 1.3 – 27.8%
*Days on Market
Middlesex County
Single Family Homes for February
Key Metrics 2024 2025 Change
New Listings 344 343 – 0.3%
Closed Sales 220 258 + 17.3%
DOM* 45 50 + 11.1%
Median PX $533K $563K + 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.