The Cranford, NJ, Real Estate Market Report for First Quarter, 2015
Winter is the slowest time in Union County Real Estate. Not only do homes take longer than average to sell in the winter, they also sell for less in the winter than they do the rest of the year.
But don’t think for even one moment that Cranford’s real estate market is dead in the winter!
This winter, Cranford had 94 active listings and 34 sold listings. The average sale price this winter was $403,299 with the average home selling after 69 days.
How does the winter of 2014-15 compare with previous years?
Fewer homes were sold this winter (34) than last winter (42).
Inventory is higher this year (94 listings) than last year (81).
The average sale price in the first quarter of 2015 was $403,299 compared with an average sale price of $363,056 last year.
The average home sold after 69 days this winter compared to 51 days in 2014.
If you’re planning on selling your Cranford home, call Team Zuhl today for a free comparative market analysis of your home. If you’re thinking of buying a home in Cranford, call us today!
For more information on selling your home:
For more information on Cranford Real Estate:
- Cranford Real Estate Market Report - November, 2014
- Cranford Market Conditions - September 20, 2014
- ur of Cranford - July 14, 2014
- What's our Cranford Home Worth? July 30, 2014
- Homes are Selling Quickly in Cranford - June 23, 2014
- The Spring Real Estate Market in Cranford - 5/17/14
- What's up in the Cranford Real Estate Market - 4/17/2014
- Sold!!! 611 Hory Street, Cranford - 4/26/2014
- Obtaining a CCO in Cranford - 3/15/2014
- Cranford Real Estate Update - 2/8/14
- Just listed - 3 BR 2.1 Bath Ranch in Cranford - 2/3/2014
- For sale - 100 homes in Cranford - 1/12/2014
- Sold! 65 South Union Street in Cranford is no longer available! 12/31/2013
- The Cranford Real Estate Market Report - 11/7/2013
- How’s Cranford’s real estate market? - 10/2013
- Cranford Real Estate Market Report - August 2013 - 08/15/13
- How does the Cranford Real Estate Market affect you? - 06/29/13
- 5 Simple Steps to Sell My Home in Cranford - 06/04/13
- Real Estate Market Report for Cranford, NJ for April, 2013 - 05/07/13
- How long will my Union County home be on the market? - 02/24/13
- Winter in Cranford's real estate market - 02/23/13
- Cranford, NJ, Real Estate Market - 12/22/12
- What's going on with the Cranford Real Estate Market? - 10/25/12
- How does the number of bath or beds affect market value in Cranford? - 10/12/12
- Free Market Analysis of Cranford, NJ - 07/30/12
- Cranford Marketing Report - 02/27/12
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