There are currently 79 single family homes and 5 multi family homes on the market for sale. These numbers have stayed fairly stable in the past month as the spring market has picked up with a healthy amount of buyers. Last month, there were 81 listings for sale at this time. Inventory levels are much higher than before, giving buyers more options when selecting a home.

Although prices have trended lower, Cranford still remains an appealing option for many buyers, which has enabled homes to sell quickly if they are priced properly. Multiple offers are still a possiblity for competetively priced homes. However, with so many new listings, I expect days on market to rise for homes that are priced too high.

There were 13 properties that closed in March in Cranford, the average selling price was $455,653and the average days on market was 54. (according to Garden State MLS Statistics)

Prepared By:

Sean Carroll - Realtor

RE/MAX Classic Group

Serving Cranford, Westfield, Garwood, Berkeley Heights, and surrounding towns as your Realtor!

http://www.cranfordhomesonline.com/

http://www.TheCarrollConnection.com