Morris & Middlesex February Sales

Morris County  
Single Family Homes for February
Key Metrics        2020    2021     Change
New Listings         744     428    – 42.5%
Closed Sales        265     331    + 24.9%
DOM*                   69        49    –  29.9%
Median PX       $425K   $530K   + 24.7%
% of PX            97.2%   99.9%   + 2.8%
Inventory           1,725      763    – 55.8%
Months Supply    4.0       1.5     – 62.5%
*Days on Market

Middlesex County
Single Family Homes for February
Key Metrics     2020    2021    Change
New Listings     735      437   – 35.7%
Closed Sales    330      420   + 27.3%
DOM*               75        53    – 29.3%
Median PX    $345K   $408K  + 18.1%
% PX Rec’d    98.1%   100.3%  + 2.2%
Inventory        2,267     1,194   – 47.3%
Month Supply    4.3       2.0    –  53.3%
*Days on Market