First Integrity Title Market Report

Lafayette, CO

Single-Family Homes

www.FirstIntegrityTitle.com | 303.837.9171



Lafayette, CO

Tue Jun 25 2019
This week the median list price for Lafayette, CO is $687,000 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has held steady at or around 80. Click here to stay informed with the Lafayette market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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

Tue Jun 25 2019
This week the median list price for Lafayette, CO is $687,000 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has held steady at or around 80. Click here to stay informed with the Lafayette market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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 $687,000
Per Square Foot $234
Days on Market 66
Price Decreased 35%
Price Increased 4%
Relisted 13%
Inventory 80
Median House Rent $2,120
Most Expensive $4,295,000
Least Expensive $399,000
Market Action Index
Slight Seller's Advantage
36

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$1,278,250 5,438 0.25 - 0.5 acre 5 4 21 0 1 133
$777,000 3,606 8,000 - 10,000 sqft 4 3 22 3 2 51
$590,000 2,471 6,500 - 8,000 sqft 4 2 22 4 5 39
$465,000 1,729 6,500 - 8,000 sqft 3 1 37 3 1 41