Morris and Middlesex Counties 
Morris County
Single Family Homes for August
Key Metrics 2021 2022 Change
New Listings 590 412 – 30.2%
Closed Sales 649 560 – 13.7%
DOM* 30 26 – 13.3%
Median PX $595K $600K + 0.8%
% of PX 102.2% 103.5% + 1.3%
Inventory 1,176 739 – 37.2%
Months Supply 2.3 1.7 – 26.1%
*Days on Market
Middlesex County
Single Family Homes for August
Key Metrics 2021 2022 Change
New Listings 745 585 – 21.5%
Closed Sales 761 571 – 25.0%
DOM* 35 33 – 5.7%
Median PX $451K $516K + 14.5%
% PX Rec’d 102.8% 103.4% + 0.6%
Inventory 2,417 1,466 – 39.3%
Month Supply 4.0 2.6 – 35.0%
*Days on Market