Cresskill Homes Are Flying!

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Cresskill Homes Are Flying! If you own a home in Cresskill you’ll be very happy to hear that the Cresskill real estate market is brisk so far this year.  No matter how you slice it, more homes have sold this year through April than they did last year.  Town wide we have 24 sales so far this year with 19 in 2010. Because Cresskill has a significant number of high…

Cresskill Real Estate Today and Tomorrow

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I thought it would be a good time to take a look at how Cresskill real estate is today and how projections are for tomorrow. Cresskill is like  “A Tale of Two Cities.”  At over $2 million, the for sale to under contract ratio is 20 to 1;  at under $1 million, it drops to 5 to 1.  According to Jeff Otteau (www.Otteau.com) when you get to 5 to 1, you’re entering…