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[quote="Guest"][quote="Guest"]Yep, the number of houses for sale in Cranbury has increased recently. The interesting part is no price reduction for high-end homes since summer (except the one on Petty Rd.). Also, all the homes in Shadow Oaks (there is a new listing in the Parkview area) were sold before the school started this year.[/quote]

There is definitely a seasonality to sales in Cranbury since a vast majority of those moving in are doing so for the schools, especially in a neighborhood like Shadow Oaks.  If I ever sold, I would list in the spring or late spring and do reductions by summer if necessary.  Fall is the worst season to sell in Cranbury because other than relos and other exceptions, most parents with school aged kids aren't looking so early in the new school season.

I agree it was interesting the high end homes didn't do any reductions.  Maybe none of the people are in a hurry to sell and can wait undefinitely for the right buyer.  It may take a year or two but some people don't need to sell.[/quote]

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