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Plainfield IL Housing Statistics from 2007 through 2012
Over the last 5 years there have been some very dramatic changes in the landscape of Plainfield IL real estate.  Most notably home values.  The following statistics will tell the story of how our home values have decreased nearly steadily over the last 5 years from 2007 until 2012.
2012
Total homes closed: 1,106
Average sale price: $214,519 (sold at 92% of original asking price)
Average market time: 122 days
2011
Total homes closed: 912
Average sale price: $217,481 (sold at 90% of original asking price)
Average market time: 156 days
2010
Total homes closed: 823
Average sale price: $236,395 (sold at 89% of original asking price)
Average market time: 161 days
2009
Total homes closed: 903
Average sale price: $235,883 (sold at 89% of original asking price)
Average market time: 171 days
2008
Total homes closed: 876
Average sale price: $273,186 (sold at 91% of original asking price)
Average market time: 171 days
2007
Total homes closed: 1065
Average sale price: $302,401 (sold at 95% of original asking price)
Average market time: 140 days
Comparisons from the "peak" of 2007 to the "burn" of 2012:

There has been a 4% increase in the volume of single family residential sales We have experienced a 30% decrease in home values There is has been a 13% decrease in market times 4% ... more

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