Jennifer Stuckey, Realtor, PhD, GRI, CNE, CLHMS, SRS

Lafayette, CO

Single-Family Homes

303.335.7413/jennifer@jenstuckeyhome.com/jenstuckeyhome.com



Lafayette, CO

Sat Mar 02 2024
This week the median list price for Lafayette, CO is $775,270 with the market action index hovering around 45. This is less than last month's market action index of 47. Inventory has increased to 45. 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 a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Lafayette, CO

Sat Mar 02 2024
This week the median list price for Lafayette, CO is $775,270 with the market action index hovering around 45. This is less than last month's market action index of 47. Inventory has increased to 45. 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 a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Real-Time Market Profile

Never miss important changes in the Lafayette market.
Median List Price $775,270
Median Price of New Listings $749,900
Per Square Foot $290
Average Days on Market 73
Median Days on Market 35
Price Decreased 51%
Price Increased 16%
Relisted 7%
Inventory 45
Median Rent
Market Action 45
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
$1,249,800 4,537 8,000 - 10,000 sqft 4 3.5 23 1 1 119
$849,800 2,727 6,500 - 8,000 sqft 3 3.5 1 1 2 35
$728,610 3,090 4,500 - 6,500 sqft 3 2.5 1 3 2 21
$600,000 2,117 0 - 4,500 sqft 3 2.3 35 2 2 24