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Cranford, NJ Real Estate News

By Scott Gleason, CRS, Westfield NJ New Homes Specialist
(Coldwell Banker Realty)
It feels like we lived a decade in the last 7 or 8 months. With a global pandemic going on, many wondered what the end-of-year holidays would look like. We kick off this year's holiday season with the Cranford Scarecrow Stroll.Cranford Scarecrow Stroll 2020When you visit downtown Cranford, you might run across some very interesting public displays of "scarecrow" art. These were created by local businesses and residents. Some of the entrants took the term "scarecrow" figuratively rather than literally. But that just made it more fun.Organizers need your help to determine a winner. Visit the downtown Cranford offices at Lot 7 next to King Strength and Performance tomorrow, October 24th. Give them a food donation for Cranford Family Care and receive a special Scarecrow Stroll bag. If you f...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Cranford remains one of the most sought after towns in Union County. Here's what's been happening in the Cranford real estate market this month.InventoryThere were 81 homes offered for sale in Cranford in February compared to the 72 homes that were on the market in February of 2019. 18 homes were sold in February.Inventory and sales are variable  monthly as shown by the peaks and valleys in the graph above. Some variability can also be attributed to homes that are more desirable or less desirable than the average Cranford home. Homes that are in exceptional condition or well priced won't stay on the market long, whereas distressed properties or homes in disrepair stay around longer and cause data variations. Even conditions such as weather affect home sales - fewer buyers are out lookin...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Cranford is home to about 23,000 people who are served by the Cranford Public Schools District. The Star Ledger named Cranford's downtown the best downtown for the past 2 years. There are currently 44single family homes offered for sale in Cranford. 22.7% of the listed homes were offered below $400,000, 34% were in the $401-500,000 range, 27% were offered between $501,000 and $600,000, and the remaining 15.9% were listed above $600,000.On WayneZuhl.com, buyers can search for listings by town and use the map feature to see the homes offered for sale in Cranford.   Team Zuhl breaks down the real estate market in Cranford  monthly at SellMyCranfordHome.com.
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Cranford remains one of the most sought after towns in Union County. Here's what's been happening in the Cranford real estate market this month.InventoryThere were 71 homes offered for sale in Cranford in January compared to the 85 homes that were on the market in January of 2019. 20 homes were sold in January which is a terrific improvement over the 14 homes that sold in November, and slightly above the 19 homes that were sold in January of 2019. Inventory and sales are variable  monthly as shown by the peaks and valleys in the graph above. Some variability can also be attributed to homes that are more desirable or less desirable than the average Cranford home. Homes that are in exceptional condition or well priced won't stay on the market long, whereas distressed properties or homes i...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Cranford remains one of the most sought after towns in Union County. Here's what's been happening in the Cranford real estate market this month.InventoryThere were 75 homes offered for sale in Cranford in December compared to the 12 month average of 104 homes. 36 homes were sold in December which is a terrific improvement over the 14 homes that sold in November, bringing the 12 month average to 23 homes per month. Inventory and sales are variable  monthly as shown by the peaks and valleys in the graph above. Some variability can also be attributed to homes that are more desirable or less desirable than the average Cranford home. Homes that are in exceptional condition or well priced won't stay on the market long, whereas distressed properties or homes in disrepair stay around longer and...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Cranford remains one of the most sought after towns in Union County. Here's what's been happening in the Cranford real estate market this month.InventoryThere were 101 homes offered for sale in Cranford in November compared to the 12 month average of 107 homes. 12  homes were sold in November which is much fewer than the 12 month average of 22 homes and is also much fewer than the 19 homes sold in November of 2018.  Inventory and sales are variable  monthly as shown by the peaks and valleys in the graph above. Some variability can also be attributed to homes that are more desirable or less desirable than the average Cranford home. Homes that are in exceptional condition or well priced won't stay on the market long, whereas distressed properties or homes in disrepair stay around longer a...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Monthly Cranford Real Estate Analysisby Team ZuhlNovember 2019The real estate market in Cranford this month is characterized by two factors: Boost in sales Steady inventory These two factors have contributed to a "normal" market this autumn with about equal buyers and available inventory.   So what does this mean for you?If you're a homeowner in Cranford, relax in the knowledge that your home's value is holding steady. Our detailed analysis reveals that the return on investment in Cranford real estate continues to grow.If you want to sell your home in Clark, consider your marketing and pricing strategy. You will have to use a realtor who  knows the Cranford market and is able to price your home appropriately as well as market it aggressively. Read our sellers guide and be confident that...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Cranford remains one of the most sought after towns in Union County. Here's what's been happening in the Cranford real estate market this month.InventoryThere were 114 homes offered for sale in Cranford in October compared to the 12 month average of 107 homes. 21 homes were sold in September which is helping to hold inventory down.Inventory and sales are variable  monthly as shown by the peaks and valleys in the graph above. Some variability can also be attributed to homes that are more desirable or less desirable than the average Cranford home. Homes that are in exceptional condition or well priced won't stay on the market long, whereas distressed properties or homes in disrepair stay around longer and cause data variations. Even conditions such as weather affect home sales - fewer buy...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
If you're a homeowner in Cranford, or if you want to be one, what tricks or treats are ready for you this Halloween?The Cranford real estate market has all the information you need to keep your head. Home ownership continues to be the largest indicator of personal net worth. We analyzed the inventory, prices, and length of time it takes to sell a home.The inventory in Cranford has dropped below summer highs but isn't down to winter lows yet. Sales were slow  in September - only 14 homes were sold making it the slowest month since March of '19. Prices are down also - the average sale in September was $470,000, the lowest average sale price since March. We've entered a buyers market in Cranford, something we haven't seen for a while.To read a complete analysis of the Cranford real estate ...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Cranford remains one of the most sought after towns in Union County. Here's what's been happening in the Cranford real estate market this month.InventoryThere were 116 homes offered for sale in Cranford in September compared to the 12 month average of 105 homes. 14 homes were sold in September which is a big drop since the 25 homes sold in August and the 47 homes sold in July.Inventory and sales are variable  monthly as shown by the peaks and valleys in the graph above. Some variability can also be attributed to homes that are more desirable or less desirable than the average Cranford home. Homes that are in exceptional condition or well priced won't stay on the market long, whereas distressed properties or homes in disrepair stay around longer and cause data variations. Even conditions...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Team Zuhl is committed to providing Cranford home sellers and home buyers with the most up to date information regarding your home values. Every month, we publish an in depth analysis of the inventory, sales, and prices of homes in Cranford. Did you miss September's market report? Click here to read it today! Here's a summary of what we learned:Inventory:   Active Listings Sold Listings August 2019 107 25 August 2018 89 21 12 month average 103.92 22.38 This big decrease in inventory this month should make it a little easier to sell your Cranford home this fall. Months of Inventory:   Months of Inventory August 2019 5.06 August 2018 4.24 12 month average 5.03 Despite a weak seller's market for 2017 and the first half of 2018, Cranford currently is enjoying a normal market. Prices   Avera...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Cranford remains one of the most sought after towns in Union County. Here's what's been happening in the Cranford real estate market this summer.Inventory    Active Listings Sold Listings August 2019 107 25 August 2018 89 21 12 month average 103.92 22.38 This big decrease in inventory this month should make it a little easier to sell your Cranford home this fall.Inventory and sales are variable  monthly as shown by the peaks and valleys in the graph above. Some variability can also be attributed to homes that are more desirable or less desirable than the average Cranford home. Homes that are in exceptional condition or well priced won't stay on the market long, whereas distressed properties or homes in disrepair stay around longer and cause data variations. Even conditions such as weath...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Homeowners, or people who want to be homeowners, need to keep up to date on the real estate market conditions in Cranford. Every month, we crunch the numbers and let you know what's going on.If you own a home, plan to sell a home, or plan to buy a home in Cranford, our monthly real estate market report contains important information.  Key Points: In July, 22 single family homes were sold and 115 homes were offered for sale, up  from 99 homes offered for sale in July of 2018 and compared to the 12 month average of 96 homes offered for sale. Buyers find Clark attractive, and homeowners benefit in the form of increasing sales prices and decreasing days on market. The average list price in Clark in July was $551,345 (compared to $549,932 in July of 2018) and the average sale price was $435,...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Cranford remains one of the most sought after towns in Union County. Here's what's been happening in the Cranford real estate market this summer.Inventory at the end of July:    Active Listings Sold homes End of July 2019 123 47 End of June 2019 126 24 End of July 2018 86 16 12 month average 102 21.7 There were 123 homes offered for sale in Cranford in July compared to the 12 month average of 102 homes. 47 homes were sold in July compared to the 12 month average of 21.7 homes. This big jump in homes sold this month helps reduce the high inventory we've had for a few months and should make it a little easier to sell your Cranford home this fall.  Despite a weak seller's market for 2017 and the first half of 2018, Cranford currently has a strong seller's market with fewer homes offered fo...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
This Victorian style colonial sits on 0.33 acres and has 4 bedrooms and 2 baths.  The peaceful park like yard faces the Rahway River.  The home is close to the #1 rated Cranford downtown, shopping, restaurants, and train station.  Offered by Samsel and Associates for $499,000.Please call listing agent Wayne Zuhl at 908-917-4189 to schedule your showing.  
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
We're all ears when it comes to real estate in Cranford! Do you know what your home is worth? The answer might surprise you. Click here for the latest Cranford Real Estate Market Report.To find out how much your home is worth in today's market, please click here! 
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Cranford remains one of the most sought after towns in Union County. Here's what's been happening in the Cranford real estate market this summer.InventoryThere were 127 homes offered for sale in Cranford in June compared to the 12 month average of 100 homes. Twenty four homes were sold in June compared to the 12 month average of 19.6 homes. Decreasing inventory drive prices up and/or decrease the length of time it takes to sell a home.Inventory and sales are variable  monthly as shown by the peaks and valleys in the graph above. Some variability can also be attributed to homes that are more desirable or less desirable than the average Cranford home. Homes that are in exceptional condition or well priced won't stay on the market long, whereas distressed properties or homes in disrepair s...
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By Scott Gleason, CRS, Westfield NJ New Homes Specialist
(Coldwell Banker Realty)
Food, glorious food. Our city offers some of the best food around. In fact, MyCentralJersey.com put Cranford on its list of the five underrated foodie towns in New Jersey late last year. With Cranford Winter Restaurant Week 2019 set to begin next week, you have the opportunity to sample some of our city's finest fare prepared by some of our most talented chefs.What: Cranford Winter Restaurant Week 2019Where: 15 Restaurants in Downtown CranfordWhen: 5 pm to 10 pm, February 24th to March 1stCranford Winter Restaurant Week 2019During Cranford Winter Restaurant Week 2019, the extremely talented chefs at 15 different restaurants in the downtown area put together pre-fixe menus for the public to enjoy. Ambeli was specifically called out by MyCentralNewJersey.com thanks to its connection with ...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Cranford remains one of the most sought after towns in Union County. Here's what's been happening in the Cranford real estate market this winter.InventoryThere were 86 homes offered for sale in Cranford in December compared to the 12 month average of 78. There were 17 single family homes sold in Cranford in July, significantly less than the 33 that were sold in June but only slightly less than the 12 month average of 18. Decreasing inventory drive prices up and/or decrease the length of time it takes to sell a home.Inventory and sales are variable  monthly as shown by the peaks and valleys in the graph above. Some variability can also be attributed to homes that are more desirable or less desirable than the average Cranford home. Homes that are in exceptional condition or well priced wo...
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By Wayne Zuhl, The Last Name You'll Ever Need in Real Estate
(Remax First Realty II)
Cranford remains one of the most sought after towns in Union County. Here's what's been happening in the Cranford real estate market this spring.InventoryThere were 75 homes offered for sale in Cranford in May and 22 homes were sold. Continued low inventory and high sales drives up prices.PricesThe average sale price of a home sold in Cranford in May was $4453,500, slightly lower than the 12 month average of $486,826. As inventory continues to shrink, it's reasonable to expect that prices will go up. Days on MarketThe homes that were sold in May in Cranford had been on the market for an average of 42 days - faster than most of Union County.What this means for buyers: Be educated. Learn what kind of home you want. Decide with your family members what you need in a home and what you want ...
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