Lafayette Monthly Market Update – Single Family Homes

City of Lafayette Single Family Homes (Detached)

Information provided by IRES and Metrolist Information Services.

YTD Comparison:

LAFAYETTE SINGLE FAMILY HOMES 2018 YTD 2019 % Change
Total Units Sold 250 12 Insufficient YTD Data
Average Sales Price $617,900 $616,558 Insufficient YTD Data
Median Sales Price $587,500 $566,250 Insufficient YTD Data
Average Days to Contract 21 39 Insufficient YTD Data

 

(Single Family Homes – % Under Contract)

SINGLE FAMILY HOMES Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
UNDER $750K 65% 61% 68% 81% 52% 61% 56% 36% 45% 34% 60% 35% 48%
$750K + 66% 44% 50% 46% 35% 50% 37% 37% 38% 32% 13% 27% 27%
OVERALL 65% 63% 65% 75% 48% 58% 51% 36% 43% 33% 45% 30% 42%

 

(Single Family Homes – Inventory)

SINGLE FAMILY HOMES Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
  35 53 51 59 63 62 63 62 83 69 49 37 48

 

(Single Family Homes – # Sold)

SINGLE FAMILY HOMES Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
  12 12 25 18 33 25 28 24 16 27 17 20 12

 

(Single Family Homes – Absorption Rate in Months) Based off 6-month sales average

SINGLE FAMILY HOMES Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’ Sep 18’ Oct 18’ Nov

18’

Dec 18’ Jan 19’
  1.78 3.0 2.53 2.47 3.2 2.97 2.68 2.43 3.45 2.7 2.15 1.93 2.48