Cranbury Weekly Market Update

Cranbury Weekly Market Numbers

Active Pending 30/d Absorption Rate New Listings 30/d Reduced 30/d Closed
12 1 12 2 1 0

 

While the local real estate market takes a breath through the holidays, there still is limited inventory for buyer’s needs! I have buyer’s waiting for properties in Cranbury to come available. I also have some properties that will be coming on the market soon, so if you’re a buyer, reach out to me and let me know your needs – I will most likely have a home coming on the market that you’d be interested in! The demand will be high when something new hits the market, so you’d be well-served by alligning yourself with someone who knows what’s coming on and when!

Cranbury Weekly Market Numbers

Active Pending 30/d Absorption Rate New Listings 30/d Reduced 30/d Closed
14 0 14 7 1 2

While the statistics show a slow market for homes in Cranbury, there still is the shadow market of buyers looking for homes that are not on the market. The 600+ range is where they are – if you are think of selling your home – please contact me, I have buyers waiting!

 

Source: Middlesex MLS 11/4/13

Cranbury Weekly Market Numbers

Active Pending 30/d Absorption Rate New Listings 30/d Reduced 30/d Closed
9 1 9 0 2 0

 

While the number show that the market was slower in the past 30 days, my phone and email tells me a different story! I have had several emails and calls of people looking for a new home in Cranbury – one that does not exist! The calls I am receiving are for homes in the 700-1100M range, in Shadow Oaks, on Petty Road, Liedtke Drive and Silvers Lane. This indicates that Cranbury buyers are looking for traditional homes, with 4-5 bedrooms, nice kitchen, study and a yard.

This year, I sold several properties before they even hit the market – as a buyer, you should be comfortable with knowing that I have been very proactive in finding homeowners who are interested in selling, in addition to having buyers just waiting for a home to be available for them (sellers take note!)

Please reach out to me if either of these scenarios is your situation!

 

Source: Middlesex MLS

Cranbury Weekly Market Numbers

Active Pending 30/d Absorption Rate New Listings 30/d Reduced 30/d Closed
12 0 12 1 2 5

 

There is a total of 12 homes on the market in Cranbury Twp. of which NONE are located in the 2 most requested neighborhoods: Shadow Oaks and Cranbury Greene. If you live in either of these lovely areas, and are considering selling, it would benefit you to give me a call! I have a LIST of buyers waiting for homes in these neighborhoods! Let’s talk soon!

 

Source: Middlesex MLS

Cranbury Weekly Market Numbers

Active Pending 30/d Absorption Rate New Listings 30/d Reduced 30/d Closed
16 2 8 2 2 2

 

The local market continues to be strong! Properties that are priced correctly are no sooner coming on the market and receiving multiple offers – which is terrific news in our small town!
As you can see, the number is homes going under contract, is equal to the number of homes coming on the market. So, buyer’s do not have a huge new inventory to look at.
That being said, it’s a perfect time to list your home for sale! With landscaping in full bloom and lawns lush green, your home will look so lovely and inviting! Please call me to discuss the local market and selling your home!

 

Source: Middlesex MLS 07/22/2013

Cranbury NJ Market Stats 01/28/13

The real estate market is bursting at the seams with buyers, due to the wonderfully low interests rates – but is very short on inventory for sale.  If you are considering selling your home, or have tried to sell your property in the past few years without success, this is the time to do it! Short supply and high demand results in better sale prices for sellers.

Cranbury Stats

Source: Middlesex MLS 01/28/13

Cranbury NJ Market Statistics 01/07/2013

 
All Styles Active Pending 30 days Ab. Rate New 30d Reduced Closed
9 1 9 mos 1 0 3
Inventory is in short supply in Cranbury, and demand is high! Call me to talk about listing your home!

 

 
Cranbury Market Update
Real Estate Market Chart by Altos Research www.altosresearch.com Real Estate Market Chart by Altos Research www.altosresearch.com Real Estate Market Chart by Altos Research www.altosresearch.com