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Plainfield, NJ market analysis for October

By
Real Estate Agent with Weichert Realtors

Plainfield, NJ market analysis for October 2008

Compared to September 2008

 

 

 

 

October:                                                              September:

Active Listings = 451                                                477                               

            Average LP = $ 286,081                                $ 294,736

New Listings    = 63                                                  57

            Average LP = $ 247,822                                $ 266,131

Under Contract= 16                                                  17

            Average LP = $ 198,737                                $ 341,018

Sold Listings    = 13                                                    16

            Average SP = $ 276,338                                $ 232,997

            Average DOM =  96                                       79

            Average SP/LP = 93%                                    96%

 

 

*Statistics based on information from Garden State MLS, L.L.C. Deemed reliable but not guaranteed.  

Christopher Hallmark
The People's Home Mortgage Corp. - Matawan, NJ

Hi Eugene,

 

pretty impressive DOM there.  How is Plainfield doing as a whole?  (Plainfield and South)

 

I would think would be one of those areas that comes back the fastest, as it is suburban/urban blend.

 

Chris Hallmark

Nov 21, 2008 03:26 PM