The city of Plainfield was formed by 1869. The first railroad line through Plainfield was established in 1884. The first Western Union office was opened in 1862.

Fast forward to January 2007 and this City is one of the most architecturally rich residential communities in central new jersey.

There were 305 residential properties for sale in January 2007 with an average price of $365,153, most of which had lingered on the market for a little over three months.

During the month 71 new listings were introduced to the market with an average list price of $331,014. This same period 17 residential properties went under contract. The average list price of the properties with offers was was seven percent less than those that just came on the market, at $308,699.

The residential properties which actually sold and closed title in January, sold for an average sales price of $258,669 and there were 12 of them, with an average of 70 days on the market.

What does all of this mean? Well, sellers can expect to have their properties on the market for an average of two to three months before they are sold. However, properties appropriately prepared for marketing (necessary repairs completed and the home properly staged) and properly priced, continue to get offers!