Cranford NJ Real Estate Report - "What's Happening Out There??"

Here are the raw numbers for Cranford, NJ Real Estate for the Month Ending June 30, 2008.

Average Sales Price: $485,528

Average Days on Market: 44!!!

Average List to Sale Price Ratio: 95.6%

Closed Transactions: 23

There were 10 more closed transactions in June than in May, so as I predicted last month in the May report, the closed sales in June were higher, because the pending sales in May were higher

Check back at the end of next week for my deeper analysis of the numbers, and a yearly comparison, to see how the Cranford NJ market is faring compared to a year ago or even 2 years ago.

Thanks for reading!

Sean Carroll - Realtor, Team Leader

"Team Carroll" - Real Estate Professionals

RE/MAX Classic Group

www.TeamCarrollNJ.com