Morris and Middlesex Counties 
Morris County
Single Family Homes for March
Key Metrics 2021 2022 Change
New Listings 719 569 – 20.9%
Closed Sales 404 336 – 16.8%
DOM* 47 38 – 19.1%
Median PX $545K $575K + 5.5%
% of PX 100.6% 103.9% + 3.9%
Inventory 940 543 – 42.2%
Months Supply 1.8 1.2 – 33.3%
*Days on Market
Middlesex County
Single Family Homes for March
Key Metrics 2021 2022 Change
New Listings 767 711 – 7.3%
Closed Sales 501 409 – 18.4%
DOM* 53 40 – 24.5%
Median PX $418K $465K + 11.2%
% PX Rec’d 101.1% 103.3% + 2.2%
Inventory 1,914 1,063 – 44.5%
Month Supply 3.5 1.8 – 48.6%
*Days on Market