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Morris
Real Estate Trends & Statistics

Market Snapshot for Morris

  Today 1 Month Ago 1 Year Ago
Total Inventory 145 153  5% 134  8% 
Median List Price $669,000 $685,000  2% $649,500  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% - 1%
Median Days On Movoto 63 57  11% 46  37% 
Median House Size 3,131 2,852  10% 3,200  2% 
Median $/Sq. Ft. $241/Sq. Ft. $267/Sq. Ft.  10% $240/Sq. Ft.  
All Types Single Family Home Condo/Townhouse  
  Today 1 Month Ago 1 Year Ago
Total Inventory 124 132  6% 115  8% 
Median List Price $670,000 $679,000  1% $659,000  2% 
% 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% - 1%
Median Days On Movoto 72 64  12% 47  53% 
Median House Size 3,846 3,846 3,600  7% 
Median $/Sq. Ft. $225/Sq. Ft. $239/Sq. Ft.  6% $240/Sq. Ft.  6% 
All Types Single Family Home Condo/Townhouse  
  Today 1 Month Ago 1 Year Ago
Total Inventory 21 21 19  11% 
Median List Price $650,000 $724,000  10% $425,000  53% 
% 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 45 18  150% 34  32% 
Median House Size 2,738 2,478  10% 2,478  10% 
Median $/Sq. Ft. $312/Sq. Ft. $318/Sq. Ft.  2% $265/Sq. Ft.  18% 
All Types Single Family Home Condo/Townhouse  
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Trend Metrics
Time Period

Median List Price for Morris

$669,000

Market Data for Morris

 12/141/152/153/154/155/156/15
Price Reductions812627344043
New Listings24312851765153
Sold/Expired41363834445047
All Types Single Family Home Condo/Townhouse  
 12/141/152/153/154/155/156/15
Price Reductions68523313741
New Listings9252244624436
Sold/Expired35272926343830
All Types Single Family Home Condo/Townhouse  
 12/141/152/153/154/155/156/15
Price Reductions2414332
New Listings1566714717
Sold/Expired6998101217
All Types Single Family Home Condo/Townhouse  

Overview of Morris, NJ Market Trends

Updated: 07/01/2015
Morris's home resale inventories decreased slightly, with a 5 percent decrease since June 2015. Distressed properties such as foreclosures and short sales increased as a percentage of the total market in July. The median listing price in Morris went down 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 171-173 Lake Rd, Morris, NJ
22
$1,600,000
4 Beds
4 Baths
- Sq. Ft.
Single Family House
New 3 Weathervane Dr, Morris, NJ
18
$669,000
3 Beds
2 Baths
- Sq. Ft.
Single Family House
11 Turtle Rd, Morris, NJ
25
$625,000
4 Beds
2 Baths
- Sq. Ft.
Single Family House
24 Witherspoon Ct, Morris, NJ
16
$399,900
2 Beds
2.5 Baths
- Sq. Ft.
Condo/Twnhm
New 8 Lake Valley Rd, Morris, NJ
18
$379,800
4 Beds
2 Baths
- Sq. Ft.
Single Family House