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Lafayette Real Estate Sales Data for All Home Types in Sep 2018

Median Sales Price
$1,312,500
Sep 2017 (YOY)
$1,445,000 Downtrend -10.1%

Aug 2018 (MOM)
$1,278,500 Uptrend 2.6%
Avg Cost Per Foot
$710
Sep 2017 (YOY)
$634 Uptrend 12.0%

Aug 2018 (MOM)
$680 Uptrend 4.3%
Sep 2018 Sep 2017 Aug 2018
Total Sales 18 22 Downtrend -18.2% 36 Downtrend -50.0%
Average Sold Price $1,774,389 $1,566,182 Uptrend 13.3% $1,469,043 Uptrend 20.8%
Median DOM 23 14 Uptrend 64.3% 17.5 Uptrend 31.4%
Avg Listing/Sales Ratio 100% 103% Downtrend -2.5% 101% Downtrend -1.1%
The charts below represent the current state of the real estate market in Lafayette. I created these charts to answer the question I hear a lot, "How is the real estate market in Lafayette".

Market Sales Rate (All Home Types)

The market sales rate, or absorption rate is based on the total number of homes for sale, divided by the total sold in the same time period. This chart shows whether we are in a "buyers Market" or "Sellers Market".

Market Price trends (All Home Types)

The market price trend chart shows the median selling prices over time.

All Home Types Market Activity - Monthly Active, Pending and Sold Activity

The market inventory chart shows the relations between the total number of properties that are listed each month, placed under contract each montha and sold each month.
Date Median Price DOM Avg $/sqft Sales Ratio
2018-09 $1,312,500 23 $710 100.08%
2018-08 $1,278,500 18 $680 101.16%
2018-07 $1,295,000 10 $709 102.45%
2018-06 $1,395,000 12 $722 104.06%
2018-05 $1,649,000 11 $694 104.12%
2018-04 $1,575,000 9 $659 101.59%
2018-03 $1,249,000 9 $658 106.77%
2018-02 $1,298,500 11 $749 102.56%
2018-01 $1,139,500 8 $773 105.26%
2017-12 $1,250,000 16 $573 100.91%
2017-11 $1,425,000 11 $661 100.94%
2017-10 $1,199,000 18 $599 101.26%
2017-09 $1,445,000 14 $634 102.65%

Complete Residential Inventory

Condo

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
2 2 $812,400 $812,400 1,074 $755 $755
3 1 $849,000 $849,000 1,638 $518 $518
all 3 $849,000 $824,600 1,262 $698 $676
This is a condensed table. Please view this website on a larger screen to see full details
Bedrooms Active Listings Median Price
2 2 $812,400
3 1 $849,000
all 3 $849,000

Detached

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
3 10 $1,187,000 $1,596,600 1,762 $675 $677
4 22 $1,646,500 $1,837,770 3,365 $524 $542
5 16 $2,337,500 $2,539,958 4,081 $632 $622
6 2 $4,635,000 $4,635,000 8,360 $561 $561
7 1 $9,975,000 $9,975,000 12,089 $825 $825
all 51 $1,950,000 $2,280,025 3,642 $583 $600
This is a condensed table. Please view this website on a larger screen to see full details
Bedrooms Active Listings Median Price
3 10 $1,187,000
4 22 $1,646,500
5 16 $2,337,500
6 2 $4,635,000
7 1 $9,975,000
all 51 $1,950,000

Townhouse

Bedrooms Active Listings Median Price Avg Price Avg Sqft Median Cost/foot Avg Cost/foot
2 2 $659,450 $659,450 1,273 $521 $521
3 1 $1,528,000 $1,528,000 1,945 $785 $786
all 3 $669,900 $948,967 1,497 $559 $609
This is a condensed table. Please view this website on a larger screen to see full details
Bedrooms Active Listings Median Price
2 2 $659,450
3 1 $1,528,000
all 3 $669,900

Home Price Quartiles

Looking at the market in quartiles, where each quartile is 25% of home, ordered by price

Quartile Median Price Avg. Sqft Avg. DOM Avg Year Built New Listings Total Listings
Top/First $3,495,000 5,464 42 1988 0 15 Most Expensive 25% of properties
Upper/Second $2,223,500 3,958 28 1986 2 14 Upper-middle 25% of properties
Lower/Third $1,421,664 2,642 30 1966 0 14 Lower-middle 25% of properties
Bottom/Fourth $1,106,500 1,687 22 1968 2 14 Least expensive 25% of properties
This is a condensed table. Please view this website on a larger screen to see full details
Quartile Median Price Total Listings
Top/First $3,495,000 15
Upper/Second $2,223,500 14
Lower/Third $1,421,664 14
Bottom/Fourth $1,106,500 14
Intero Real Estate Services, Inc.
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Lafayette homes for sale

65

4 New | 1 REO
2 Price Change | 1 Back on Market
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