Morris
Real Estate Trends & Statistics

Market Snapshot for Morris

  Today 1 Month Ago 1 Year Ago
Total Inventory 102 107  5% 86  19% 
Median List Price $725,000 $675,000  7% $579,900  25% 
% 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 89 83  7% 57  56% 
Median House Size 2,738 3,200  14% 3,344  18% 
Median $/Sq.Ft. $307/sqft $252/sqft  22% $232/sqft  32% 
All Types Single Family Home Condo/Townhouse  
  Today 1 Month Ago 1 Year Ago
Total Inventory 76 90  16% 71  7% 
Median List Price $725,000 $699,000  4% $689,000  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 98 89  10% 57  72% 
Median House Size 4,000 3,870  3% 4,100  2% 
Median $/Sqft $254/sqft $224/sqft  13% $247/sqft  3% 
All Types Single Family Home Condo/Townhouse  
  Today 1 Month Ago 1 Year Ago
Total Inventory 26 17  53% 15  73% 
Median List Price $808,000 $545,000  48% $405,000  100% 
% 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 35 33  6% 54  35% 
Median House Size 2,478 2,074  19% 1,850  34% 
Median $/Sqft $321/sqft $262/sqft  23% $232/sqft  38% 
All Types Single Family Home Condo/Townhouse  
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Trend Metrics
Time Period

Median List Price for Morris

$725,000

Market Data for Morris

 5/146/147/148/149/1410/1411/14
Price Reductions29423327384420
New Listings75475834572821
Sold/Expired33565047524544
All Types Single Family Home Condo/Townhouse  
 5/146/147/148/149/1410/1411/14
Price Reductions26392727324017
New Listings64374721492213
Sold/Expired28404134393440
All Types Single Family Home Condo/Townhouse  
 5/146/147/148/149/1410/1411/14
Price Reductions336-643
New Listings11101113868
Sold/Expired51691313114
All Types Single Family Home Condo/Townhouse  

Overview of Morris, NJ Market Trends

Updated: 12/01/2014
Morris's home resale inventories decreased slightly, with a 5 percent decrease since November 2014. Distressed properties such as foreclosures and short sales decreased as a percentage of the total market in December. The median listing price in Morris went up from November to December. There were a total of 1 price increases and 20 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 8 Jonathan Smith Rd, Morris, NJ
1
$1,375,000
5 Beds
3&1/2 Baths
- Sq. Ft.
Single Family House
23 Carrington Way, Morris, NJ
25
$870,000
3 Beds
2&1/2 Baths
2,477 Sq. Ft.
Condo/Twnhm
81 Skyline Dr, Morris, NJ
24
$564,900
4 Beds
2&1/2 Baths
- Sq. Ft.
Single Family House
New 22 Dorothy Dr, Morris, NJ
25
$550,000
4 Beds
2&1/2 Baths
- Sq. Ft.
Single Family House
New 92 Hillcrest Ave, Morris, NJ
14
$439,000
2 Beds
2 Baths
- Sq. Ft.
Single Family House