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Lean Inventory Driving Prices The Cranford Real Estate Market picked up for February with the Average Sale Price of Single Family homes, jumping to $7661,111, which was 29% higher than last year. There were 9 homes sold for the month, which may seem like a low number, but was an 80% increase over the 5 […]
Read MoreLet’s take a look at the Year in Review for the Cranford Real Estate Market. A powerful December put the cherry on top of a year filled with record-breaking home prices and growth in the Million Dollar housing market. Let’s dive in! MARKET CONDITIONS Residential home prices reached $695,468, marking a 12% increase from the […]
Read More‘Tis that wonderful time of year to spread joy! Following a weekend of shopping, embrace the spirit of GivingTuesday—a global movement that inspires millions to give, collaborate, and celebrate generosity. Established in 2012, this day encourages acts of kindness and has evolved into an independent non-profit. There are many ways to celebrate Giving Tuesday in […]
Read MoreLean Inventory Persists The Cranford real estate market in September continued to be defined by its lean inventory, with only 12 homes sold during the month. This marked a 48% decrease compared to August and a 29% decline from the same period last year. The scarcity of available properties has been a recurring theme, challenging […]
Read MoreNestled in Downtown Cranford, you’ll find the Junior League of Elizabeth-Plainfield (JLEP) quietly making a positive impact in local communites. In this blog post, we’ll give you the lowdown on JLEP, their community work, the Jumble Store, and why joining them during their current membership drive might just be the community involvement you’ve been looking […]
Read MoreThe real estate market for single family homes in Union County, New Jersey, has been red-hot this August. With soaring prices and short time on the market, it remains a persistent seller’s market. In this blog post, we’ll highlight the key statistics that have made it an exceptional month for both buyers and sellers. Average […]
Read MoreHome prices continued to rise in Cranford for the month of July, coming in at $691K which was 15% higher than last July. This price growth is really driven by continued low inventory. Twenty three homes sold in the month and only twenty one new homes were listed for sale which was -28% to last […]
Read MoreThe Real Estate Market in Cranford is hitting Summer Peak with continued strong numbers for June. Twenty eight homes sold in Cranford in June, which was 86% more than the previous month’s trend. Prices continue to rise and homes continue to sell in record time for significantly over List Price, driven by continued lean inventory. […]
Read MoreThe Real estate Market really turned on in Cranford for the month of May. 18 homes sold for the month which was which the highest number of homes sold in a month since last November and a significant jump from April when only 10 homes sold for the month. Sale Price vs List Price […]
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