Plainfield Real Estate Market Update May 2018


Real Estate In Plainfield is a sellers’ market with low inventory of homes in Plainfield and a lot of buyer interest. There is a 4.94 months supply of inventory on the market in Plainfield on May 31, 2018.



Now is the Time to Buy!

The average market time for a Single Family Homes to sell in Plainfield last month was 40 days.
It took on average 32 days to sell Plainfield Condo, Townhouse or a Duplex.
The number of home sales in Plainfield from April 1, 2018 through April 30, 2018 was 153 units. That is 1% above the number of homes sold last month in Plainfield.

The average price per square foot in the area is now $103/Sq.Ft, which is 4% a decline from last month.



In Plainfield there were 33 units sold in April in the price range between $122,500 – $190,452 with an average of 2.4 bedrooms and 1.7 bathrooms and average Square footage of 1,467SF.

In Plainfield there were 106 units sold in April in the price range between $190,453 – $379,201 with an average of 3.6 bedrooms and 2.3 bathrooms and average Square footage of 2,170SF.

In Plainfield there were 14 units sold in April in the price range between $379,202 – $500,000 with an average of 4.3 bedrooms and 3.3 bathrooms and average Square footage of 3,119SF.

The low price range had the most activity. Homes up to $190,452 were on the market on average 37 days and sold an average of $168,942.

If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Plainfield. Search all Plainfield homes for Sale on propertyup.com If you are considering viewing Plainfield, you may want to do so now!

Plainfield
Mar 1, 2018 – Mar 31, 2018
Apr 1, 2018 – Apr 30, 2018
Month
March
April
Average Listing Price
$304,067
$305,178
Median Sales Price
$267,604
$258,403
Month supply of inventory
4.4
4.9
Market Time Detached
49 days
40 days
Market Time Attached
42 days
32 days
Inventory
738 properties
820 properties
Low price range
$102,500 – $185,052
$122,500 – $190,452
Low price range market time
35 days
37 days
Low price range units sold
0
33
Low price range bedrooms
2.3
2.4
Low price range bathrooms
1.5
1.7
Low price range approx sqft
1,301 SF
1,467 SF
Mid price range
$185,053 – $471,301
$190,453 – $379,201
Mid price range market time
47 days
38 days
Mid price range units sold
99
106
Mid price range bedrooms
3.6
3.6
Mid price range bathrooms
2.3
2.3
Mid price range approx sqft
2,334 SF
2,170 SF
High price range
$471,302 – $675,000
$379,202 – $500,000
High price range market time
129 days
51 days
High price range units sold
5
14
High price range bedrooms
4.8
4.3
High price range bathrooms
3.5
3.3
High price range approxsqft
3,394 SF
3,119 SF

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