Kirk Wittig

Lafayette, CO

Single-Family Homes

Real Estate Consultant | Boulder County Realty | 720-339-1500



Lafayette, CO

Wed Sep 22 2021
This week the median list price for Lafayette, CO is $699,475 with the market action index hovering around 74. This is less than last month's market action index of 77. Inventory has increased to 32. Click here to stay informed with the Lafayette market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Lafayette, CO

Wed Sep 22 2021
This week the median list price for Lafayette, CO is $699,475 with the market action index hovering around 74. This is less than last month's market action index of 77. Inventory has increased to 32. Click here to stay informed with the Lafayette market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Lafayette market.
Median List Price $699,475
Median Price of New Listings $699,000
Per Square Foot $343
Average Days on Market 21
Median Days on Market 14
Price Decreased 28%
Price Increased 0%
Relisted 16%
Inventory 32
Median Rent $2,248
Market Action 74
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,072,500 4,299 0.5 - 1 acre 5 4 23 3 0 42
$932,000 3,335 8,000 - 10,000 sqft 4 3 24 3 0 7
$683,500 1,937 6,500 - 8,000 sqft 3 3 38 2 1 21
$522,500 1,364 6,500 - 8,000 sqft 3 2 40 5 1 3