Morris and Middlesex Counties
Morris County
Single Family Homes for July
Key Metrics    2022    2023   Change
New Listings    573    391   – 31.8%
Closed Sales   516    358   – 30.6%
DOM*Â Â Â Â Â Â Â 21Â Â Â Â Â 24Â Â Â + 14.3%
Median PXÂ Â Â Â $620KÂ Â $701KÂ Â + 13.0%
% of PXÂ Â Â Â Â Â 104.8%Â 106.2%Â + 1.3%
Inventory     996    602   – 39.6%
Months Supply   2.3     2.0   – 13.0%
*Days on Market
Middlesex County
Single Family Homes for July
Key Metrics   2022    2023   Change
New Listings   784    496   – 36.7%
Closed Sales   593    415   – 30.0%
DOM*Â Â Â Â Â Â Â Â 31Â Â Â Â 33Â Â Â +Â 6.5%
Median PXÂ Â Â Â $491KÂ Â $532KÂ Â Â + 8.5%
% PX Rec’d  103.8%  104.4%  + 0.6%
Inventory    2,104  850    – 59.6%
Month Supply   3.9   1.9   – 51.3%
*Days on Market