Morris and Middlesex Counties
Morris County
Single Family Homes for May
Key Metrics 2022 2023 Change
New Listings 724 494 – 31.8%
Closed Sales 383 305 – 20.4%
DOM* 24 32 + 33.3%
Median PX $675K $620K – 8.1%
% of PX 05.9% 104.9% – 0.9%
Inventory 861 563 – 34.6%
Months Supply 1.9 1.7 – 10.5%
*Days on Market
Middlesex County
Single Family Homes for May
Key Metrics 2022 2023 Change
New Listings 809 557 – 31.1%
Closed Sales 488 366 – 25.0%
DOM* 28 39 + 39.3%
Median PX $484K $500K + 3.4%
% PX Rec’d 105.1% 102.7% – 2.3%
Inventory 1,988 962 – 51.6%
Month Supply 3.6 2.1 – 41.5%
*Days on Market