Cranbury Market Update

 
 These statistics are run by me every Monday to keep apprised of what is happening in the Cranbury market.  To understand the demand or pending sales, we calculate absorption rate which is the amount of time that it would take to sell the current inventory of properties, if nothing else came on the market.  A normal market is between 5-6 months, seller’s market is less than that period of time, and a buyer’s market is more than 6 months.
 
 

 Cranbury Weekly Market Numbers 02/04/2013:

  • Active Cranbury Listings – 11
  • Pending Cranbury Listings in the last 30 days – 1
  • Cranbury Absorption Rate – 11 months
  • New Cranbury Listings in the last 30 days – 5
  • Net Gain to Cranbury Market – 4
  • Cranbury Listings Reduced in past 30 days – 7
  • Closed Cranbury Sales in past 30 days – 3

 

 

 

 

 

 

 

 

 

Sold Cranbury Properties 2011 

 

 

 

 
 

 


Sold Cranbury Properties 2010

Address List Price Sale Price Date Sold
142 Plainsboro Rd $470,000 $432,000 1/5/2010
130 Plainsboro Rd $479,000 $465,000 1/25/2010
2 Ryan Rd $449,900 $480,000 3/5/2010
157 Plainsboro Rd $399,900 $372,500 3/17/2010
9 Cubberly Ct $1,395,000 $950,000 5/13/2010
9 Wynnewood Dr $685,000 $685,000 5/26/2010
6 N Main St $820,000 $512,195 6/2/2010
5 McKnight Ct $844,900 $760,000 6/3/2010
3 Bodine Dr $799,900 $711,000 6/18/2010
8 Park Pl $409,900 $365,000 6/18/2010
9 Perrine Ln $888,000 $865,000 6/18/2010
25 Silvers Ln $850,000 $770,000 6/18/2010
18 Wynnewood Dr $850,000 $799,000 7/16/2010
55 Petty Rd $775,000 $692,500 7/19/2010
85 Petty Rd $1,580,000 $1,420,000 7/28/2010
15 Parkview $810,000 $780,000 8/3/2010
143 N Main St $1,190,000 $999,000 8/9/2010
106 S. Main St $395,000 $200,000 9/15/2010
27 Shady Brook Ln $1,585,000 $1,330,000 9/15/2010
87 N Main St $935,000 $850,000 9/16/2010
17 Silvers Ln N $1,499,000 $1,280,000 9/16/2010
8 Silvers Ln $949,900 $908,000 9/30/2010
20 Ryan Rd $479,000 $410,000 9/30/2010
185 Plainsboro Rd $479,900 $400,000 10/19/2010
18 Prospect St $525,000 $490,000 10/29/2010
2 Lynch Way $599,900 $560,000 11/12/2010
4 Scott Ave $599,000 $532,000 11/12/2010
19 Washington Dr $765,000 $725,000 12/15/2010

 

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


Average Days On Market

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


Inventory For Cranbury, NJ

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