Market Update

Plainfield, Illinois Market Update – December 2018

Here is the December 2018 residential real estate market update.

December Plainfield, Illinois Property sales were 93, down -14.7% from 109 in December of 2017 and -35.0% lower than the 143 sales last month.

The Average Sales Price in December was $269,457, up 14.8% from $234,820 in December of 2017 and up 2.2% from $263,722 last month. December 2018 ASP was at highest level compared to December of 2017 and 2016.

The Total Inventory of Properties available for sale as of December was 319, down -23.1% from 415 last month and down -2.7% from 328 in December of last year. December 2018 Inventory was at the lowest level compared to December of 2017 and 2016 (this, combined with the highest December average sales price increase, makes it a great time to sell in Plainfield).

Looking to buy or sell in Plainfield? Who you work with makes all the difference. We’re a multigenerational award-winning real estate team enthusiastic about the home buying and selling process. Call us today! (630) 416-5029 direct office or contact us here

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