Lafayette Annual Real Estate Trends

Lafayette
(Single Family Homes)
  Prices Other % Change from Year Before
Average Median Sold DOM SP/LP Average Median Sold
2012 $1,043,540 $935,000 295 37 98.7%      
2013 $1,242,130 $1,155,000 301 35 97.8% 19.0% 23.5% 2.0%
2014 $1,361,059 $1,200,000 287 25 103.4% 9.6% 3.9% -4.7%
2015 $1,532,387 $1,367,500 336 26 102.4% 12.6% 14.0% 17.1%
2016 $1,506,811 $1,350,000 263 30 101.5% -1.7% -1.3% -21.7%
2017 $1,619,514 $1,442,000 314 25 102.2% 7.5% 6.8% 19.4%
2018 $1,736,238 $1,482,000 305 22 102.0% 7.2% 2.8% -2.9%
2019 $1,784,729 $1,600,000 293 29 101.6% 2.8% 8.0% -3.9%
2020 $1,914,737 $1,750,000 293 22 101.7% 7.3% 9.4% 0.0%
2021 $2,053,608 $1,900,000 384 16 107.6% 7.3% 8.6% 31.1%
2022 $2,496,740 $2,075,784 290 17 107.5% 21.6% 9.3% -24.5%
2023 $2,241,823 $1,900,000 220 26 100.5% -10.2% -8.5% -24.1%
2024 $2,320,166 $1,975,000 267 23 102.6% 3.5% 3.9% 21.4%

Lafayette
(Condos/Town Homes)
  Prices Other % Change from Year Before
Average Median Sold DOM SP/LP Average Median Sold
2012 $442,731 $420,000 13 44 99.4%      
2013 $586,690 $588,000 15 15 103.6% 32.5% 40.0% 15.4%
2014 $646,840 $670,000 20 30 99.9% 10.3% 13.9% 33.3%
2015 $774,800 $677,000 10 13 102.0% 19.8% 1.0% -50.0%
2016 $987,639 $935,000 16 20 101.0% 27.5% 38.1% 60.0%
2017 $577,571 $548,500 14 24 110.1% 8.2% 9.7% -33.3%
2018 $639,985 $590,000 9 22 112.2% 10.8% 7.6% -35.7%
2019 $690,267 $675,000 15 40 103.4% 7.9% 14.4% 66.7%
2020 $1,258,414 $960,000 25 26 100.9% 82.3% 42.2% 66.7%
2021 $1,049,239 $1,005,000 23 27 103.4% -16.6% 4.7% -8.0%
2022 $1,430,731 $1,250,000 29 24 101.6% 36.4% 24.4% 26.1%
2023 $1,306,757 $1,200,000 29 48 98.1% -8.7% -4.0% 0.0%
2024 $1,274,389 $1,202,000 21 90 100.0% -2.5% 0.2% -27.6%

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.