Cranford NJ Real Estate Market Report - May 2008

Here are the raw numbers for Cranford, NJ Real Estate for the Month Ending May 31, 2008.

Average Sales Price: $503,769

Average Days on Market: 67

Average List to Sale Price Ratio: 97.1%

Closed Transactions: 13

There were 5 less closed transactions in May than in April, but I have seen more go under contract, that will likely appear in the June numbers.

Check back at the end of this week for a year over year comparison to 2007, to see how the Cranford NJ market is faring compared to a year ago.

Thanks for reading!

Sean Carroll - Realtor, Team Leader

"Team Carroll" - Real Estate Professionals

RE/MAX Classic Group

www.TeamCarrollNJ.com