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Cranford Real Estate News - November 2015

By
Real Estate Agent with Remax First Realty II 0790808

 Cranford is a township in Union County that approximately 23,000 people call home. 

There are currently 95 homes offered for sale in Cranford ranging in price from $179,000 to $1,299,000 - certainly something for everyone. Inventory is starting to drop which is normal in the autumn, but the blue trendline in the following graph shows that inventory over the last 3 years is rising. Eleven homes were sold in October - low compared to the previou 12 months but still increasing over the last 3 years as shown in the red trendline below.

 

The average sale price of a home sold in Cranford in October was $419,820, lower than the 12 month average of $444,545. 

 

Homes in Cranford continue to sell quickly. The average home in Cranford was sold after 32 days, faster than any other month since october of 2013 and significantly faster than the 12 month average of 52 days.

 

If you're considering listing your home for sale, it's smart to be sure that it compares favorably to others on the market at this time. Make necessary repairs, perhaps even invest in small upgrades, and your home may sell quicker and at a higher price.

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:

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~ 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.

 

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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. 

Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Thanks for keeping us up to date on your market. I love seeing what is going on around the country. 

Nov 01, 2015 07:50 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Wayne & Jean, great market update for Cranford, and think this time of year usually does seem slower.  

Nov 02, 2015 09:32 PM