A house in Plainfield, Ohio has recently been sold for an impressive $681,778. The sale of the single-family home at 1455 Cushing Road makes it the most expensive residential real estate transaction in the area between May 1 and May 8. With a living area of 1,216 square feet and built in 1951, this property was purchased with an average price per square foot of $379,523.
The transfer of ownership was settled in April with a total purchase price of $450,000 or $226 per square foot. This significant sale emphasizes the growing demand for high-quality properties within Plainfield and surrounding areas.
Other notable real estate deals include the sale of a single-family residence at 921 Plainfield Avenue which now has new owners; as well as a detached house located at 963 Carnegie Avenue.
Local real estate agent Jane Thompson commented on these recent transactions: "The market is showing strong signs of growth and increased interest from buyers looking to invest in our community."
In comparison to other regions during that same week-long period (May 1 - May 8), Matawan topped Old Bridge's list with its most expensive residential sale coming in at $625,000; Clifton saw its highest-priced property sell for $1.2 million near Manchester City; Haddonfield had one selling point topping their list at an astounding $1.3 million; while Newark's top-selling property came through with a price tag just shy under Plainfield's record-breaking deal - going for only slightly less at $$670,000.
As prices continue to rise across various locations within both cities' markets alike – even amid global uncertainty due largely part by ongoing effects felt throughout numerous economies worldwide caused primarily by COVID-19 pandemic concerns – many are left wondering what might come next regarding future trends seen throughout the real estate industry as a whole.
Samuel Wilson, an experienced real estate analyst, shared his thoughts on these recent sales: "The increase in high-priced property transactions indicates that buyers are willing to invest in quality homes despite external factors. It is likely that this trend will continue as more people seek stable and long-term investments."