Morris
Real Estate Trends & Statistics

Market Snapshot for Morris

  Today 1 Month Ago 1 Year Ago
Total Inventory 94 93  1% 74  27% 
Median List Price $725,000 $699,000  4% $625,000  16% 
% 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). 2% - -
Median Days On Movoto 73 91  20% 66  11% 
Median House Size 2,700 2,622  3% 4,100  34% 
Median $/Sq.Ft. $312/sqft $312/sqft $244/sqft  28% 
All Types Single Family Home Condo/Townhouse  
  Today 1 Month Ago 1 Year Ago
Total Inventory 71 67  6% 64  11% 
Median List Price $700,000 $699,000 $700,000  
% 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). 3% - -
Median Days On Movoto 87 100  13% 67  30% 
Median House Size 3,200 3,246  1% 4,100  22% 
Median $/Sqft $255/sqft $254/sqft $244/sqft  5% 
All Types Single Family Home Condo/Townhouse  
  Today 1 Month Ago 1 Year Ago
Total Inventory 23 26  12% 10  130% 
Median List Price $779,900 $808,000  3% $449,000  74% 
% 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 59 44  34% 66  11% 
Median House Size 2,478 2,478 -  
Median $/Sqft $321/sqft $321/sqft -  
All Types Single Family Home Condo/Townhouse  
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Time Period

Median List Price for Morris

$725,000

Market Data for Morris

 6/147/148/149/1410/1411/1412/14
Price Reductions4233273844208
New Listings47583457282124
Sold/Expired56504752464537
All Types Single Family Home Condo/Townhouse  
 6/147/148/149/1410/1411/1412/14
Price Reductions3927273240176
New Listings3747214922139
Sold/Expired40413439354131
All Types Single Family Home Condo/Townhouse  
 6/147/148/149/1410/1411/1412/14
Price Reductions36-6432
New Listings10111386815
Sold/Expired16913131146
All Types Single Family Home Condo/Townhouse  

Overview of Morris, NJ Market Trends

Updated: 01/01/2015
Morris's home resale inventories increased slightly, with a 1 percent increase since December 2015. Distressed properties such as foreclosures and short sales increased as a percentage of the total market in January. The median listing price in Morris went up from December to January. There were a total of 1 price increases and 8 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 23 Wheatsheaf Farm Rd Unit, Morris, NJ
12
$961,300
4 Beds
3&1/2 Baths
3,251 Sq. Ft.
Condo/Twnhm
6 Longwood Rd, Morris, NJ
25
$899,000
4 Beds
3&1/2 Baths
- Sq. Ft.
Single Family House
New 33 Ellsworth Ave, Morris, NJ
24
$639,000
4 Beds
4 Baths
2,700 Sq. Ft.
Single Family House
New 6 Independence Way, Morris, NJ
22
$515,000
3 Beds
2&1/2 Baths
- Sq. Ft.
Condo/Twnhm
New 9 Gregory Ave, Morris, NJ
22
$439,000
3 Beds
1&1/2 Baths
- Sq. Ft.
Single Family House