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cranford nj realtor: Cranford NJ Homes Sold Report - 02/03/09 04:44 PM
Here are the raw numbers for Cranford NJ for the 2 month period from December 1 through January 31. Later this week, I will be posting the 4th quarter numbers and comparing that quarter to the 3rd quarter and the 4th quarter from a year ago, so you can see where are market is, and maybe even where it is going.
Here is the data for those 2 months:
Closed Sales: 18
Avg. Sales Price: $429,205
Avg. Final List Price: $459,227
List to Sale Price Ratio: 93.4% (this is as low as I've seen this number in a while, indicating a very … (0 comments)

cranford nj realtor: Cranford NJ Real Estate Report - February 2008 - 03/10/08 03:58 PM
Here are the raw numbers for February 2008 in Cranford NJ Real Estate
Number of Closed Sales: 10 (this includes those that went under contract before February)
Number of Listings that Went Under Contract: 23 (wow)
Average Sales Price: $536,500
Average Days on Market of Sold Homes: 95
List to Sale Price Ratio: 95%
Number of New Listings: 32
That is a LOT of homes going under contract in February which was fueled likely by those record low interest rates in the early part of the month, combined with a few very nice weather weekends. Last February there were only 11 that went under contract.
Also, it is becoming apparent … (1 comments)

cranford nj realtor: Cranford NJ Real Estate Buzz..... - 03/07/08 04:20 PM
This market is active...at least it is in my world. :) Our biggest challenge today at Team Carroll is to try to coordinate closings from listing to purchase, to listing to purchase, etc. We have a first time buyer, whose funds are the start of a chain of closings which will ultimately end up with at least 3 property closings in Cranford alone. That is a lot of stress for my clients of course, and for everyone involved..On the market side however, it is a good sign in that the real estate food chain in Cranford seems to be showing many … (0 comments)

cranford nj realtor: Selling a Home Cranford Westfield NJ? Questions to Ask Your Realtor.. - 02/22/08 09:21 AM
1. How long have you been in the business?            2. What is your ratio of sales price to listed price? How does this compare to the rest of the market?
3. What is the average number of days your listings are on the market before selling? How does this compare to the market average?
4. Would you please show me a copy of your marketing plan?
5. Could I have a copy of your standard listing agreement?
6. How many buyers do you have in your personal database?
7.  What is your commission rate? What is included with that? How much of that is paid out to the buyer's agent? 
8.  What … (0 comments)

cranford nj realtor: Cranford NJ Homes for Sale Under $400,000!!! - 02/21/08 11:46 AM
What a great time to be a buyer in Cranford NJ and other surrounding towns. Now is your chance to get in with a lovely starter home under $400,000. For a complete list of these homes delivered to your email inbox, without having to speak to an agent, logon:
http://www.NJAreaRealEstate.com
No calls...no hassles...just the information you want!
… (1 comments)

cranford nj realtor: Cranford NJ Real Estate Market....Are We Past The Bottom?? - 01/31/08 01:44 PM
....well if I had the answer to that, I would be a very rich man! Instead, all I can do is help buyers and sellers accomplish their goals. What I can say is that tomorrow, Feb 1, 2008, don't miss the latest Cranford NJ Real Estate Market Report, which will show the key statistics of pending home sales for January, and number of new listings. This will go a long way in determining which way the 2008 market is trending.
I can tell you from first hand experience, that just this month alone, I have seen or been involved with a few … (2 comments)

cranford nj realtor: Cranford NJ Real Estate Market Report - October 2007 - 11/08/07 01:12 PM
In October 2007, there were 12 closed sales in Berkeley Heights. The average sales price for these homes was $431,708, and the average days on the market was 32, which shows that properly priced listings are the ONLY units that are selling right now.
 Although active listings have remained fairly constant with 90 on the market right now, this has caused the absorption rate to increase to 7.5 months supply, with only 12 closed sales. The absorption rate had been holding steady in the 5-6 month range until we got to September and October. This is just further evidence that sellers need to be realistic with … (0 comments)

cranford nj realtor: Cranford NJ Real Estate Summary - August 2007 - 08/24/07 12:45 PM
Cranford, NJ Real Estate Update 
There are currently 106 single family homes and 4 multi family homes on the market for sale. These numbers have risen substantially in the past month as the spring market picked up with a flood of new inventory. Last month, there were 95 listings for sale at this time. Inventory levels are much higher than before, giving buyers more options when selecting a home. Although prices have trended lower or flatlined, Cranford still remains an appealing option for many buyers, which has enabled homes to sell quickly if they are priced properly. Multiple offers are still a possiblity for competetively priced homes. However, … (0 comments)

cranford nj realtor: Cranford NJ Homes for Sale and Homes Sold - May 2007 - 06/11/07 01:36 PM
There are currently 79 single family homes and 3 multi family homes on the market for sale. These numbers have stayed fairly stable in the past month as the spring market has picked up with a healthy amount of buyers. Last month, there were also 79 listings for sale at this time. Inventory levels are much higher than before, giving buyers more options when selecting a home.Although prices have trended lower, Cranford still remains an appealing option for many buyers, which has enabled homes to sell quickly if they are priced properly. Multiple offers are still a possiblity for competetively priced homes. However, with … (0 comments)

cranford nj realtor: Cranford NJ Homes for Sale and Homes Sold - April 2007 - 05/07/07 12:24 PM
There are currently 79 single family homes and 5 multi family homes on the market for sale. These numbers have stayed fairly stable in the past month as the spring market has picked up with a healthy amount of buyers. Last month, there were 81 listings for sale at this time. Inventory levels are much higher than before, giving buyers more options when selecting a home.Although prices have trended lower, Cranford still remains an appealing option for many buyers, which has enabled homes to sell quickly if they are priced properly. Multiple offers are still a possiblity for competetively priced homes. … (0 comments)

cranford nj realtor: Cranford NJ Homes for Sale and Homes Sold - March 2007 - 04/06/07 02:50 PM
There are currently 81 single family homes and 5 multi family homes on the market for sale. These numbers have risen substantially in the past month as the spring market has picked up. Last month, there were only 57 listings for sale at this time. Inventory levels are much higher than before, giving buyers more options when selecting a home.Although prices and demand in general have trended lower, Cranford still remains an appealing option for many buyers, which has enabled homes to sell quickly if they are priced properly. Multiple offers are still a possiblity for competetively priced homes. However, with so many … (0 comments)

cranford nj realtor: Cranford NJ Homes for Sale - Listings on the Rise - 04/02/07 10:48 AM
As promised, here is the weekly update for the Cranford Real Estate Market. Last week, I reported that there were 72 homes for sale, and few weeks prior, we had broken 60 for the first time in several months. There are now 80 homes on the market in Cranford, which is good news for buyers who are ready to start touring homes this spring. I anticipate that this number will continue to rise slightly over the coming weeks, especially as the weather gets even warmer. In just under one month, the inventory has increased 33% from 60 homes to 80 homes.
Keep checking back for updates. Have a … (0 comments)

cranford nj realtor: Helping Others Succeed - My True Passion - 03/28/07 02:55 PM
As many of you know, I was a public school music teacher for 7 years before becoming a full time Realtor. Despite the many aspects of teaching that just did not appeal to me, the actual "teaching" part was always a real source of great joy for me, especially when working with just one or two hard working students at a time.
When I got my real estate license, I said I wanted to "make some extra money part time"...HAHAHAHA. That was a delusion. I quickly learned that for me to do this job well, there really was no such thing as part … (5 comments)

cranford nj realtor: Cranford Realtor attends International Convention - 03/09/07 11:29 AM
Here is a copy of a recent press release: 
Sean Carroll, Realtor for RE/MAX Classic Group attended the 34th annual RE/MAX International Convention in Atlanta, GA from March 3-7, 2007.
Sean had an opportunity to attend numerous educational sessions, and networking events, highlighted by speakers such as Howard Brinton, Brian Buffini, Stephen Covey and other great minds from around the world. When asked about why he attended the convention, Sean stated: "I believe it is vitally important to stay educated about the latest tools and trends in our industry, while having an opportunity to network with associates from around the world. … (1 comments)

cranford nj realtor: Cranford, NJ Real Estate Statistics and Cranford Real Estate Market Report - 03/02/07 09:04 AM
For the 12 month period ending February 28, 2007 as compared to the 12 month period ending August 2006, there are some clear signs that the real estate market in Cranford, NJ has stabilized considerably/ Prices and Inventory have leveled off, as the spring market approaches. Days on market has remained stable, as have the number of listings and list price to sales price ratio.
Average Days On Market:
12 mos Ending 8/2006: 46
12 Mos. Ending 2/2007:  54
List Price to Sales Price Ratio:
8/2006: 97%
2/2007: 97%
Total Listings Activated in MLS
8/2006: 1173
2/2007: 1196
These figures definitely support a more balanced and normalized real estate market, over the past several months, the amount of … (1 comments)

cranford nj realtor: Cranford NJ Realtor Helps Restart Theater Group - 02/22/07 11:28 AM
Many of you know that I have been involved with the Cranford based Celebration Singers since the fall, and I am adding to my community involvement by becoming a board member for the Cranford Repertory Theater. We are planning to do our grand re-opening show in the Fall of this year with a play. I am thrilled to be a part of the board for CRT, and I look forward to contributing both on stage, and behind the scenes with publicity, networking, and brainstorming.
For more information on the Cranford Repertory Theater, you can visit their website at www.cranfordrepertorytheatre.com
… (0 comments)

cranford nj realtor: Changing People's Lives - The Idealistic Realtor from Cranford - 02/20/07 06:04 AM
I've been accused of being the idealist on more than one occasion, especially after closing a sale with great buyers, but if I can't share joy in this job, then why am I doing it?
My most recent closing was with a retired couple relocating back to the area where their family lived, despite the fact that they are leaving behind a 5 year old house and purchasing a home that is worth the same price, but 50 years older. Our market in Northern NJ is considerably more expensive then Southern NJ where they are coming from.
The feeling I got when … (21 comments)