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Plainfield, IL

Plainfield IL 1st Quarter Single Family Market Report | Plainfield IL Homes

Julie Ferenzi: Real Estate Agent in Plainfield, IL

The 1st quarter Plainfield IL single family market report is now available. I have interpreted this information has been taken directly from the MLS. In a follow up post I will compare and contrast the 1st quarter of 2008 and 2009.

In the first 3 months of 2009, 157 single family homes sold in Plainfield IL. Homes are currently selling at 95% of their asking price in 167 days on average.

100 of the 157 homes that sold this quarter were 4 bedroom homes, which was 63% of the market share of the homes sold. There were only 9 Plainfield IL homes that sold, but those home sold at about 96% of their asking price, up 1% from the total average. The average market time on the 5 bedroom homes were about 26% higher than the total average of 167 days.

Plainfield IL 1st Quarter Single Family Market Report for 2009

Plainfield IL Single Family 1st Quarter Market Report 2009

If you, or someone you know are thinking about listing your home for sale in Plainfield IL this Spring call me at 630-673-6233.

If you are behind in payments you may qualify for a short sale or loan modification. Call me to confidentially discuss your options regarding foreclosure.

Julie Ferenzi | Realtor®
Plainfield IL Homes
630-673-6233

Plainfield IL March 2009 Market Report | Plainfield IL Homes

Julie Ferenzi: Real Estate Agent in Plainfield, IL

The Spring real estate is in full swing. What can Plainfield IL home sellers expect to see in this market?

To start, volume of single family detached home sales in Plainfield IL this March is down by about 11% compared to the same time last year, while the depreciation in the price of single family detached home market is up by about 17.2%. Single family homes in March of 2009 are selling for about 17.2% less than they did just 12 months prior, on average.

The average sale price of a Plainfield IL home was about $280,133 last year, compared to $232,056 in March of this year. The good news is that Plainfield IL homeowners who have sold have gotten about 96% of their asking price on average. That means if you house if your home is not over-priced, you should expect to receive about 96% of your total asking price, and that sellers are only having to make about 4% concessions during negotiation.

3 bedroom single family homes suffered a 16% total average depreciation from last year, while 4 bedroom Plainfield IL homes decreased in value by about 24% on average. In contrast, single family 5 or more bedroom homes increased in value by about 9.6% on average.

Market times in Plainfield IL are down about 20% when comparing March 2008 to March 2009, meaning they are selling in about 20% less time than they did last March, which is great news for anyone selling a home in Plainfield IL!

March 2008 Single Family Real Estate Market Statistics:

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March 2009 Single Family Real Estate Market Statistics:

March 2009 Real Estate Closing Data for Plainfield IL

If you, or someone you know are thinking about listing your home for sale in Plainfield IL this Spring call me at 630-673-6233.

If you are behind in payments you may qualify for a short sale or loan modification. Call me to confidentially discuss your options regarding foreclosure.

Julie Ferenzi | Realtor®
Plainfield IL Homes
630-673-6233

Plainfield Short Sales and Loan Modifications | Plainfield IL Homes

Julie Ferenzi: Real Estate Agent in Plainfield, IL

Plainfield IL Short SalesMany Plainfield IL homeowners are facing the possibility of foreclosure. The thought of losing the roof over your head is a scary concept, especially if you are worried about the well being of your family and their future.

If you are facing foreclosure in Plainfield IL and don’t know what steps to take to either proceed with a short sale or attempt a loan modification, call me to explore the possibility of negotiating on your behalf.

Why is what I do different from what other Realtors® are doing in regard to short sales in Plainfield IL?

If there is any possibility of having you keep your home, my loan modification negotiator will begin the process of a loan modification to utilize the option of a short sale as a last resort, unless it’s your preference to attempt a short sale right from the beginning. I feel much better listing a home in foreclosure knowing that every attempt was made to keep the homeowner in the home.

There are qualifying criteria required to perform not only a short sale, but a loan modification as well. Call me to discuss the possibility of avoiding a foreclosure through either selling your home through a short sale, or by re-negotiating your debt through a loan modification at 630-673-6233.

Julie Ferenzi | Realtor®
Plainfield IL Homes
630-673-6233

Wilding Pointe, Plainfield Illinois

Joe Malvarapu: Real Estate Agent in Chicago, IL
View Real Estate Listings in Wilding Pointe, Plainfield

As of 04/07/09, there are 11 homes for sale in Wilding Pointe subdivision in Plainfield, ranging in price from $284,900 to $449,000. Visit Plainfield real estate site and view all real estate listings in Plainfield, Illinois including Plainfield foreclosures, short sales and bank owned real estate listings.

Plainfield Real Estate

Stewart Ridge, Plainfield Illinois

Joe Malvarapu: Real Estate Agent in Chicago, IL
View Real Estate Listings in Stewart Ridge, Plainfield Illinois

There are 11 real estate listings (as of 04/06/09), in Stewart Ridge, Plainfield IL ranging in price from $549,800 to $899,900. Visit Plainfield real estate site and view all real estate listings in Plainfield, Illinois including residential and commercial real estate in Plainfield, Illinois.

Plainfield IL Real Estate