Union & Essex County February Sales

Union County  
Single Family Homes for February
Key Metrics        2020    2021   Change
New Listings         566     371    –34.5%
Closed Sales        281     317     + 12.8%
DOM*                   69        46    –  33.3%
Median PX       $369K   $415K   + 12.2%
% of PX            99.6%   100.8%   + 1.2%
Inventory          1,313       587    – 55.3%
Months Supply    3.2       1.3     – 59.4%
*Days on Market

Essex County
Single Family Homes for February
Key Metrics     2020    2021    Change
New Listings     629      394   – 37.4%
Closed Sales    292       299   + 2.4%
DOM*               69        43     – 37.7%
Median PX    $383K   $492K  + 28.6%
% PX Rec’d    99.9%    104.2%  + 4.3%
Inventory        1,469        750   – 48.6%
Month Supply    3.4       1.6    –  52.9%
*Days on Market