Home Buying in 08512>Question Details

Grace, Other/Just Looking in 08512

what is the avg. sale price in recent months for homes in Shadow Oaks, Cranbury, NJ?

Asked by Grace, 08512 Wed Jul 15, 2009

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Hi Grace,

The average sale price is between $670,000 - $680,000. In the past few month there have been 5 closed sales in Shadow Oaks. Lowest sale price of a home was $625,000 was and the highest was $756,500. There were three other sales in that location that sold for the following amounts: $649,900 $680,000 and $685,000. All homes were 4 bed, 2 1/2 baths. Lot sizes varried between one-half acre to 1.5 acres.

Please let me know if I can help answer any other questions about this area.

Glenn Mason - Sales Associate
Orange Key Realty
direct: 732-586-6220 | office: 732-297-6969

email: glenn@glennmason.com | website: http://www.GlennMason.com
Web Reference: http://www.glennmason.com
0 votes Thank Flag Link Wed Jul 15, 2009
Hi Grace, I am a Weichert agent based in Princeton with an office that provides detailed analytics that can't be found anywhere else. The absorption rate, or the active inventory divided by pending sales is 26 as of July which means it is a buyers market. Send me an email at pcamuto@optonline.net or add me as a friend on facebook, http://www.facebook.com/pcamuto and we can talk specifics.
0 votes Thank Flag Link Tue Jul 28, 2009
Hi Grace: As you may know, averages mean little to begin with and certainly not over a whole township. The unincorporated little village of Cranbury itself (part of the larger, incorporated township) has many homes of many sizes and styles and therefore, prices. What you really need to do is establish a working relationship with a realtor who knows the area and can understand your needs and desires. That way, you'll find the home that best suits both your personality and pocket book.

Yes, I do cover that area.
0 votes Thank Flag Link Thu Jul 16, 2009
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