The Village of Plainfield has enjoyed rapid growth over the past decade and is hotbed of residential real estate activity. In the current market sales have slowed, but still remain strong. Heavy new construction is the flavor of the day, with developments growing where the corn used to. Plainfield schools and parks are known throughout the area for their quality and residents have voted to make sure they stay that way. Despite the increase in market time and inventory, November 2006 prices were up 2.27% over November 2005 

Inventories have risen as seen on the following chart which shows the supply and demand levels from the past two years.

The next chart illustrates the current Months Supply of Inventory (MSI) that is the number of months that it would take to sell all of the current properties on the market

For more information about Plainfield IL real estate, or homes for sale in Plainfield IL.  Please contact Angus Woodbury at 630-717-7386