Cranford, NJ Market Study

By
Real Estate Agent with Hallmark Realtors

How’s the Market in Cranford?

 

 

Active Listings

Average List Price

Sold Listings

Average Sale Price

Average Days on Market

SP/LP

January 2012

74

387,244

8

413,306

68

95%

December 2011

73

377,499

6

373,367

58

90%

November 2011

85

395,950

12

414,158

60

96%

October 2011

90

396,413

14

339,857

64

93%

September 2011

101

407,302

12

433,300

61

95%

August 2011

103

399,000

20

403,325

66

97%

 

It appears as though the inventory in Cranford dropped, predictably, over the winter and that homes are still taking about 2 months to find a buyer. An even more revealing statistic is the Sale Price to List Price ratio which has remained relatively steady throughout the last six months. Therefore, when you’re looking at homes in Cranford, expect to pay 95% of the list price. If you’re selling a home in Cranford, expect to sell it within about 2 months.   

 

Posted by

 

 

 

~ Wayne & Jean 

Union County, NJ - a great place to live and work!

If you're looking to buy or sell a property in Union County, call us at 908-917-4189 or email TeamZuhl@gmail.com.

 

facebook  Pinterest  LinkedIn  Read Our Blog!

All opinions, information and data provided is deemed reliable but is subject to errors and omissions. Not intended to solicit other Brokers' clients. We cooperate with them fully. 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate General Information
Location:
New Jersey Union County Clark
Tags:
cranford market study

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the tshirt to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the lamp to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the magnifying-glass to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainmaker
627,376

Wayne and Jean Marie Zuhl

The Last Names You'll Ever Need in Real Estate
Want more information about Union County real estate?
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the folder to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information