Plainfield, IL Real Estate Agents Release Traditional Home Sales Report for September, 2012
Team Bowers Plainfield, IL real estate agents have compiled the following Plainfield real estate statistics for home owners in Plainfield, people looking to buy a home in Plainfield, and people interested in selling a house in Plainfield, Illinois.
As the title states, the reports below are for traditional home sales only. So what are “traditional” home sales? Traditional home sales are the home sales where the home owner did not sell their home as a short sale or foreclosure. Years ago, there wasn’t much of a need to make distinctions between the different types of homes sales because the vast majority were traditional home sales. Due to the current economic and real estate market conditions, it is extremely important to analyze each sale type differently because each sale type belongs to a different pricing tier.
Traditional sales fetch the most money because they are in good condition and can close quickly. Short sales sell for less money than traditional sales because short sales require a lengthy process to complete and take months to close. Foreclosures are the lowest price tier because they are generally in much worse condition than traditional sales and short sales and the banks that own the properties are willing to sell them for substantially less money because they are in bad condition or the bank wants the properties off their books.
Plainfield, IL - Homes For Sale: September, 2012
| City | Bedrooms | # of Homes For Sale | # of Homes Sold | # of Homes Not Sold | Median List Price | Median Sold Price | Sold - Avg Days On Market | Not Sold - Avg Days On Market |
| Plainfield | 1 | 1 | 0 | 1 | $89,900 | $0 | 0 | 247 |
| Plainfield | 2 | 137 | 13 | 124 | $149,900 | $146,550 | 223 | 198 |
| Plainfield | 3 | 177 | 22 | 155 | $179,900 | $176,000 | 116 | 137 |
| Plainfield | 4 | 236 | 28 | 208 | $299,900 | $270,000 | 129 | 155 |
| Plainfield | 5 | 52 | 6 | 46 | $334,912 | $390,000 | 126 | 131 |
| Plainfield | 6 | 7 | 0 | 7 | $325,000 | $0 | 0 | 60 |
| Plainfield | 7 | 2 | 0 | 2 | $649,000 | $0 | 0 | 500 |
Plainfield IL - Homes For Sale: July 1 , 2012 - September 30, 2012
| City | Bedrooms | # of Homes For Sale | # of Homes Sold | # of Homes Not Sold | Median List Price | Median Sold Price | Sold - Avg Days On Market | Not Sold - Avg Days On Market |
| Plainfield | 1 | 1 | 0 | 1 | $89,900 | $0 | 0 | 247 |
| Plainfield | 2 | 187 | 44 | 143 | $146,000 | $128,500 | 164 | 201 |
| Plainfield | 3 | 255 | 65 | 190 | $180,000 | $171,000 | 102 | 163 |
| Plainfield | 4 | 377 | 110 | 267 | $299,000 | $261,270 | 113 | 177 |
| Plainfield | 5 | 73 | 17 | 56 | $334,912 | $330,000 | 104 | 161 |
| Plainfield | 6 | 10 | 3 | 7 | $335,000 | $375,000 | 71 | 60 |
| Plainfield | 7 | 2 | 0 | 2 | $649,000 | $0 | 0 | 500 |
Team Bowers Realtors provide the above city-level, Plainfield real estate statistics because home owners and home buyers are always asking, "How is the Plainfield real estate market doing?" In reality, the above statistics are interesting city-level figures and for most curious Plainfield home owners, these statistics will suffice; however, if you are looking to sell a house in Plainfield or if you are interested in purchasing homes for sale in Plainfield, you need much more localized statistics because the real estate markets in Plainfield vary greatly by subdivision.
Team Bowers Realtors provides localized statistics at a subdivision level and at a bedroom count level for every subdivision in Plainfield, IL on our website at www.teambowersrealtors.com.
