Local Updates - Union County, NJ

Real Estate Market in Cranford NJ: January 2023 The Real Estate Market in Cranford NJ started to pick up in the month of January.   The Average Sale price was $574K which was +6% to December.  Homes continued to sell above list price, with the average sales price going for about 2% over.  This is a […]

The 2022 Real Estate Market was definitely one for the record books.   Coming off a pandemic-fueled boom in 2021, many early predictions were that prices would fall and the market would stabilize a bit.  Instead,  continued low inventory coupled with dramatically rising mortgage rates resulted in a roller coaster of a year.  Below are some […]

    Real Estate Market Update The Real Estate Market in Union County NJ for the month of November remained a Seller’s Market.   The Average Sale price was $638K which was +16% to last year and +4% to the prior 3 months.  This was a slight drop off over the past few months but remains […]

The Real Estate Market in Cranford NJ softened a bit in the month of October.  The average sales price dropped from the prior month.  The average days on market was a little faster, though, which means that homes are selling a bit faster.  Inventory also remains very lean.  Homes that are priced right are still […]

The local New Jersey Real Estatee Market isn’t as bad as the National Headlines might lead you to believe.  There are some interesting statistics on the Cranford NJ Real Estate Market when you dig in a little.  So far, in the month of October, there are 15 homes for sale that went under contract.  These […]