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Morris
Real Estate Trends & Statistics

Market Snapshot for Morris

  Today 1 Month Ago 1 Year Ago
Total Inventory 157 153  3% 134  17% 
Median List Price $685,000 $685,000 $649,500  5% 
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned). - - 1%
Median Days On Movoto 60 57  5% 46  30% 
Median House Size 3,037 2,852  6% 3,200  5% 
Median $/Sq. Ft. $261/Sq. Ft. $267/Sq. Ft.  2% $240/Sq. Ft.  9% 
All Types Single Family Home Condo/Townhouse  
  Today 1 Month Ago 1 Year Ago
Total Inventory 132 132 115  15% 
Median List Price $679,000 $679,000 $659,000  3% 
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned). - - 1%
Median Days On Movoto 67 64  5% 47  43% 
Median House Size 3,832 3,846 3,600  6% 
Median $/Sq. Ft. $234/Sq. Ft. $239/Sq. Ft.  2% $240/Sq. Ft.  3% 
All Types Single Family Home Condo/Townhouse  
  Today 1 Month Ago 1 Year Ago
Total Inventory 25 21  19% 19  32% 
Median List Price $689,000 $724,000  5% $425,000  62% 
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned). - - -
Median Days On Movoto 25 18  39% 34  26% 
Median House Size 2,478 2,478 2,478  
Median $/Sq. Ft. $318/Sq. Ft. $318/Sq. Ft. $265/Sq. Ft.  20% 
All Types Single Family Home Condo/Townhouse  
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Trend Metrics
Time Period

Median List Price for Morris

$685,000

Market Data for Morris

 12/141/152/153/154/155/156/15
Price Reductions812627344043
New Listings24312851765152
Sold/Expired41363834455148
All Types Single Family Home Condo/Townhouse  
 12/141/152/153/154/155/156/15
Price Reductions68523313741
New Listings9252244624435
Sold/Expired35272926343931
All Types Single Family Home Condo/Townhouse  
 12/141/152/153/154/155/156/15
Price Reductions2414332
New Listings1566714717
Sold/Expired6998111217
All Types Single Family Home Condo/Townhouse  

Overview of Morris, NJ Market Trends

Updated: 07/01/2015
Morris's home resale inventories increased slightly, with a 3 percent increase since June 2015. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in July. The median listing price in Morris stayed the same from June to July. There were a total of 1 price increases and 43 price decreases.
Morris, New Jersey real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Morris homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Morris. Movoto is your comprehensive source for Morris property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.
Listings Demographics
Nearby Homes for Sale
New 24 Spring Brook Rd, Morris, NJ
25
$1,025,000
4 Beds
3.5 Baths
- Sq. Ft.
Single Family House
New 1 Whitney Farm Pl, Morris, NJ
25
$860,000
3 Beds
3.5 Baths
3,037 Sq. Ft.
Condo/Twnhm
New 41 Hilltop Cir, Morris, NJ
20
$859,000
5 Beds
2.5 Baths
- Sq. Ft.
Single Family House
New 30 Bennington Rd, Morris, NJ
17
$675,000
3 Beds
2 Baths
- Sq. Ft.
Single Family House
New 4 Arbor Way, Morris, NJ
18
$559,500
3 Beds
2 Baths
- Sq. Ft.
Single Family House