The city of Plainfield was formed by 1869. The first railroad line through Plainfield was established in 1884. The first Western Union office was opened in 1862.

Fast forward to December 2006 and this City is one of the most architecturally rich residential communities in central new jersey.

There were 312 residential properties for sale in December 2006 with an average price of $378,720, most of which had lingered on the market for a little over three months.

During the month 54 new listings were introduced to the market with an average list price of $416,079. This same period 19 residential properties went under contract. The average list price of the properties with offers was a little more than half that of those that just came on the market, at $289,811.

The residential properties which actually sold and closed title in December, sold for an average sales price of $306,006 and there were 30 of them, with an average of 66 days on the market.

During 2006, 333 properties were sold in Plainfield, the average sales price was $311,739 and the average days on the market was 67.

What does all of this mean? Well, sellers can expect to have their properties on the market for an average of two months before they are sold. However, properties appropriately prepared for marketing (necessary repairs completed and the home properly staged) and properly priced, continue to get offers!