A great place to live and work

Cranford is a beautiful town located in central Union County.  About 23,000 people call Cranford home and New Jersey Monthly magazine ranked Cranford as its 34th best place to live in its 2010 rankings.

Before you buy or sell a home, it’s critical to understand local market conditions. Here’s what you need to know for November, 2014.

Inventory: 
There are currently 94 single family homes offered for sale in Cranford – the lowest inventory we’ve seen since spring. Twenty homes were sold in November which is 75% better than November of 2013 when only 12 homes were sold. cranfordinventorynov14

Prices: The average home sold in Cranford in November was sold for $442,900, well above the 12 month average of $417,445. There was some decrease in value over the early autumn but that seems to have corrected itself.

cranfordpricesnov14


Days on Market: 
Homes in Cranford continue to sell quickly. The average home that was sold in Cranford in November was sold after only 50 days on the market, faster than the 12 month average of 52 days. 

cranfordDOMnov14

What does this mean to you?

Home sales continue to be strong in Cranford, and no winter slow down is evident yet. Buyers will still find plenty of homes to choose from, and sale prices are reflecting some competition among buyers.

Team Zuhl is here to help you along of the way. Contact us when you’re ready to take the next step!

For more information on selling your home:

For more information on Cranford Real Estate:

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Comments on: "Cranford Real Estate Market Report – November 2014" (8)

  1. […] Union County towns saw decreases in home values when 2014 average home sales were compared to 2012. Cranford homes lost 0.5% value, Scotch Plains lost 1.8% value and Kenilworth comes in with the biggest loss […]

  2. […] home that was sold in 2014 was sold after 66.6 days with the range in Days on Market from 50 days (Cranford) to 105 days (Linden).  Among the fastest towns were Fanwood with 51 days, Westfield with 53 […]

  3. […] Cranford Real Estate Market Report – November, 2014 […]

  4. […] Cranford Real Estate Market Report – November, 2014 […]

  5. […] Cranford Real Estate Market Report – November, 2014 […]

  6. […] Cranford Real Estate Market Report – November, 2014 […]

  7. […] Cranford Real Estate Market Report – November, 2014 […]

  8. […] Cranford Real Estate Market Report – November, 2014 […]

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