First American Market Report

Lafayette, CO

Condos/Townhomes

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Lafayette, CO

Fri Feb 21 2020
This week the median list price for Lafayette, CO is $414,450 with the market action index hovering around 39. This is less than last month's market action index of 43. Inventory has held steady at or around 20. 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.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Lafayette, CO

Fri Feb 21 2020
This week the median list price for Lafayette, CO is $414,450 with the market action index hovering around 39. This is less than last month's market action index of 43. Inventory has held steady at or around 20. 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.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Lafayette market.
Median List Price $414,450
Per Square Foot $226
Days on Market 109
Price Decreased 30%
Price Increased 0%
Relisted 15%
Inventory 20
Median Rent $1,838
Most Expensive $557,500
Least Expensive $239,000
Market Action 39
Slight Seller's Advantage

The market seems to have paused around this plateau. 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
$552,500 2,470 0 - 4,500 sqft 3 2 0 0 0 292
$460,000 2,057 0 - 4,500 sqft 3 3 19 1 0 56
$374,000 1,776 0 - 4,500 sqft 2 1 36 1 0 56
$299,900 1,212 0 - 4,500 sqft 3 2 41 0 0 30