January 25, 2018

December 2017 Plainfield Real Estate Market Conditions

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The Plainfield area real estate market continues to slow down due to the holiday season. Plainfield currently has single family homes, town homes, condos, and duplexes for sale. The prices of new construction in the Plainfield area maintain steady. For the most part, the number of new listings in Plainfield has decreased slightly due to the busy time of year. There is currently a large number of buyers in the marketplace; as a result, there is a high demand for inventory. Two of America’s leading homebuilders, Pulte homes and Lennar homes, have recently purchased land in the surrounding Plainfield area. These transactions should have a big impact on developing new opportunities for home buyers in the Plainfield area.

 


In the month of December, the total number of homes for sale in Plainfield is 323. There were 77 total new listings. The total number of homes sold is 109. The average days on the market for sold homes is 58. The median price of homes sold is $236,000. 

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