Lafayette Real Estate Market Update Nov 2008

I have your update on what’s up with Lafayette real estate. This is the data you need to review sold single family homes and condos in November 2008 for Lafayette, CO.

If you want more specific info about Lafayette real estate, please call or email me and I’ll get you the answers you’re looking for right away!

Below you’ll see the data on sold homes and condos (remember, ‘condos’ includes all ‘attached’ units, so don’t try to separate out ‘town-houses’ etc from this group) in Lafayette, and some more information. You’ll likely want to know how long homes are taking to sell, average and median prices, and the total number of homes sold, so I have it all right here.

Here are your stats for sold Lafayette, CO real estate in November:

Sold Single Family Homes:

Number Sold: 7

Average Price: $430,500

Median Price: $379,000

Average Days On Market: 129

That’s getting a little long on the ADOM for most sellers.

Sold Condos:

Number Sold: 5

Average Price: $168,100

Median Price: $164,000

Average Days On Market: 68

68 days on the market is a good average. Looks like the condo sales are moving along reasonably swiftly for those that are priced right and presented well.

I’m hoping this is a good start towards what you wanted. If you want a more specific analysis of a neighborhood you’re interested in, or something else that might help you with a real estate question, I hope you’ll call or email me soon so we can talk about your needs.

-Zachary Epps, full-time, professional Realtor® and EcoBroker®

Comments

One Response to “Lafayette Real Estate Market Update Nov 2008”

  1. Roberta Kimmel on December 14th, 2008 10:50 am

    Zach,
    I enjoy reading your very informative blog. It would be helpful in your real estate updates if you also provided the stats for the same month one year prior. Thanks.

Got something to say?