Lafayette Monthly Market Update – Condominium/Townhome

City of Lafayette Condominium/Townhome (Attached)

Information provided by IRES and Metrolist Information Services.

(Rolling 12-Month Comparison)

LAFAYETTE ATTACHED DWELLINGS 2017 YTD 2018 % Change
Total Units Sold 136 44
Average Sales Price $359,110 $390,556 +8.7%
Median Sales Price $367,450 $423,250 +15.2%
Average Days to Contract 26 20 -23%

 

(Attached Dwelling – % Under Contract)

ATTACHED DWELLINGS May 17’ Jun 17’ Jul 17’ Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’
OVERALL               41% 59% 69% 63% 38% 54%

 

(Attached Dwelling – Inventory)

ATTACHED DWELLINGS May 17’ Jun 17’ Jul 17’ Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’
LAFAYETTE 26 33 31 33 26 33 15 17 22 16 16 32 46

 

(Attached Dwelling – # Sold)

ATTACHED DWELLINGS May 17’ Jun 17’ Jul 17’ Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’
LAFAYETTE 13 16 12 19 10 9 15 8 5 9 9 10 10

 

(Attached Dwellings – Absorption Rate in Months) Based off 6-month sales average

SINGLE FAMILY HOMES May 17’ Jun 17’ Jul 17’ Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’
LAFAYETTE               1.4 2 1.71 1.74 1.96 5.41