If you’ve been wondering whether now is a good time to sell your home in Cranford, the data says yes — and here’s why.
The latest market report, current through April 2025, shows strong demand, rising home prices, and quick sales for well-positioned homes. While buyer activity has slowed slightly, inventory remains tight, and sellers continue to hold the advantage, particularly in the single-family home market.
🔹 Single-Family Home Market – April 2025 Highlights
- Median Sales Price: $770,000 — up 3.6% from April 2024
- Year-to-Date Median Price: $775,000 — up 12.3% from last year
- Average Days on Market: 11 days — homes are selling faster than last year
- New Listings: Down 20% — less competition for sellers
- Closed Sales: Down 43% — fewer buyers are finding the right home
- List Price Received: 104.7% — sellers are still receiving over asking price
- Inventory: Up slightly, but still limited at just 1.6 months of supply
💡 Translation for Sellers: Homes are still moving fast and selling for top dollar. If your home is priced and presented well, buyers are willing to act — and pay over asking to win the deal.
🔹 Townhouse & Condo Market – Small Sample, Big Opportunity
- Median Sales Price: $499,000 in April — though the drop from last year reflects a smaller and very different sample
- Average Days on Market: Just 9 days — fastest sales in this segment all year
- List Price Received: 106.7% — another indicator that demand is strong
💡 If you own a townhouse or condo in Cranford, your timing may be perfect. Inventory is almost nonexistent, and buyers are watching.
📊 The Bottom Line for Cranford Homeowners
If you’ve thought about selling — whether to upgrade, downsize, or cash in on your equity — this market still strongly favors sellers. Low inventory, rising prices, and motivated buyers mean you could see top dollar for your home.
And with many homes receiving multiple offers in days, proper strategy and preparation make all the difference.
🏠 Want to Know What Your Home Is Worth?
If you’re curious what your Cranford home could sell for in today’s market, I’d be happy to provide a free, no-pressure home value report customized to your property and neighborhood.
📩 Message me today to get started — your next move might be closer than you think.
Wayne Zuhl
Broker-Associate
Re/Max First Realty II
409 North Avenue East
Cranford, NJ 07016
Office: 908-664-1500 x564
Cell: 908-917-4189
email: Wayne.Zuhl@gmail.com