Lafayette Annual Real Estate Trends

Lafayette
(Single Family Homes)
  Average Median Units     Percent Change
Price Price Sold DOM SP/LP Average Median Sold
1998 $542,926 $482,000 399 55 95.2%      
1999 $593,893 $519,000 431 32 96.8% 9.4% 7.7% 8.0%
2000 $722,817 $640,000 378 21 98.9% 21.7% 23.3% -12.3%
2001 $768,523 $657,500 288 22 90.7% 6.3% 2.7% -23.8%
2002 $834,053 $725,000 364 26 98.2% 8.5% 10.3% 26.4%
2003 $922,992 $787,000 317 22 94.7% 10.7% 8.6% -12.9%
2004 $1,002,474 $855,000 234 20 100.3% 8.6% 8.6% -26.2%
2005 $1,200,067 $1,045,000 164 16 101.4% 19.7% 22.2% -29.9%
2006 $1,354,887 $1,145,000 241 26 99.1% 12.9% 9.6% 47.0%
2007 $1,291,487 $1,115,000 254 32 98.6% -4.7% -2.6% 5.4%
2008 $1,244,411 $1,125,000 169 46 97.5% -3.6% 0.9% -33.5%
2009 $1,047,204 $900,000 199 69 94.8% -15.8% -20.0% 17.8%
2010 $1,097,929 $940,000 248 57 94.9% 4.8% 4.4% 24.6%
2011 $1,038,361 $936,000 245 53 96.8% -5.4% -0.4% -1.2%

Lafayette
(Condos/Town Homes)
  Average Median Units     Percent Change
Price Price Sold DOM SP/LP Average Median Sold
1998 $267,575 $260,500 12 36 99.5%      
1999 $351,156 $320,000 16 29 98.0% 31.2% 22.8% 33.3%
2000 $350,367 $360,000 15 12 104.0% -0.2% 12.5% -6.3%
2001 $392,765 $370,000 17 18 99.8% 12.1% 2.8% 13.3%
2002 $422,026 $435,000 19 13 99.4% 7.5% 17.6% 11.8%
2003 $484,813 $468,000 17 15 99.4% 14.9% 7.6% -10.5%
2004 $507,400 $506,000 15 12 100.3% 4.7% 8.1% -11.8%
2005 $665,920 $611,100 15 12 101.7% 31.2% 20.8% 0.0%
2006 $632,375 $629,500 12 15 100.1% -5.0% 3.0% -20.0%
2007 $705,800 $615,750 10 50 98.2% 11.6% -2.2% -16.7%
2008 $474,930 $468,900 5 126 96.2% -32.7% -23.8% -50.0%
2009 $448,667 $436,500 6 43 94.1% -5.5% -6.9% 20.0%
2010 $372,519 $375,000 9 44 98.5% -17.0% -14.1% 50.0%
2011 $414,892 $389,625 6 50 96.2% 11.4% 3.9% -33.3%


DEFINITIONS

Med. Price
Median Price is that at which 50% of properties sold were above that price and 50% were below.
Ave. Price
Average Price is the sum of all prices divided by the number of sales.
Ave. DOM
Average Days on Market is the average time it took to sell all properties.
Newly Listed
How many properties came on the market in the given time period.