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.
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