plainfield single family homes: Lower Inventory of Short Sale Listings Make Buying Easier! - 02/18/14 02:36 AM
It's been a S-L-O-W market over the last 2 months.  The winter has been brutal!  I'm so excited about the spring market, especially after going over some of the short sale stats here in Plainfield IL!
Right now there are 329 active single family listings in Plainfield.  42 of those listings are short sales comprising just 12.7% of the active market.  We are still at a lower inventory of homes available in general, but it has been an extremely cold and snowy winter.  A lot of buyers are holding off on listing their homes for sale until the weather improves.
To compare two … (1 comments)

plainfield single family homes: Plainfield IL Housing Statistics from 2007 through 2012 - 03/15/13 02:06 PM
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 … (2 comments)