Are buyers active in Morristown?

Buyer demand in Morristown is **very active** as of May 2026. The pending ratio is 0.51 — that's contracts under negotiation versus the homes available to buy. Homes take a median of 59 days to go under contract. Active inventory is +5.8% year over year, giving buyers more choice and slower-paced decisions. Sellers are responding: 47.2% of listings have cut price. Overall, the Primpted Sold Score for Morristown is 48/100 (Fair Chance of Selling). — Live indicators (May 2026): Sold Score: 48/100 (Fair Chance of Selling) · Pending ratio: 0.51 · Inventory YoY: +5.8% · Median days on market: 59 · Sellers cutting price: 47.2% · Median listing price: $459,000 (-5.1% YoY)