Lafayette Monthly Market Update – Condominium/Townhome

City of Lafayette Condominium/Townhome (Attached)

Information provided by IRES and Metrolist Information Services.

YTD Comparison:

LAFAYETTE ATTACHED DWELLINGS 2017 YTD 2018 % Change
Total Units Sold 136 94
Average Sales Price $359,110 $385,889 +7.5%
Median Sales Price $367,450 $395,450 +7.6%
Average Days to Contract 26 18 -30%

 

(Attached Dwelling – % Under Contract)

ATTACHED DWELLINGS Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’
OVERALL         41% 59% 69% 63% 38% 54% 61% 72% 55%

 

(Attached Dwelling – Inventory)

ATTACHED DWELLINGS Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’
LAFAYETTE 33 26 33 15 17 22 16 16 32 46 36 36 33

 

(Attached Dwelling – # Sold)

ATTACHED DWELLINGS Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’
LAFAYETTE 19 10 9 15 8 5 9 9 10 10 20 12 16

 

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

SINGLE FAMILY HOMES Aug 17’ Sep 17’ Oct 17’ Nov 17’ Dec 17’ Jan 18’ Feb 18’ Mar 18’ Apr 18’ May 18’ Jun 18’ Jul 18’ Aug 18’
LAFAYETTE         1.4 2 1.71 1.74 1.96 5.41 3.42 3.08 2.57