Indian Peaks Lafayette Real Estate Market 4th Quarter 2015

indian-peaks-home-sales-15qtr4

This final quarter for home sales in the Indian Peaks community of Lafayette Colorado and the close-in surrounding communities has seen a continuing trend in the Seller’s market.

Townhouses or Attached Homes

When comparing quarter over quarter (3rd to 4th of 2015) there has been a 14% decrease in the number of sales and 63% total decrease in inventory. With such a drastic decrease in the number of units to sell it would seem that the number of total sales would follow closely – however it’s not. That shows how much people want to buy anything that is out there! This can also be seen in the quarter over quarter days on market, which is down 26 percent to just 42 days on market from list to sell for a townhouse in the Indian Peaks community.

Single Family Homes <4500 sq ft

The single family homes in Indian Peaks and the close in communities surrounding this neighborhood have also seen a decrease in the number of sales. Quarter over quarter there is a 24% decrease in the total units sold. However, in this category we also see an increase in the number of active sales by 43% indicating that there is some stagnant or pent-up inventory. This is probably due to pricing, which is discussed in our December 2015 Indian Peaks Lafayette Real Estate Market Review.

Large Single Family Homes >4500 sq ft

The total inventory for the larger homes throughout the Indian Peaks Community is up 50% quarter over quarter and 17% year over year. This indicates that more homeowners are coming to the market with larger homes. This quarter it appears that more semi-custom homes have been for sale, as the average sales price in this category decreased 109% quarter over quarter and 26% year over year. The great news for homeowners in this category is that days on market is down 42% taking on average just 60 days from listing the home to final closing.

For information about what your home value in this market, please contact me. I’m happy to provide you a valuation with no obligation. Even if you aren’t thinking of moving, give me a call. It’s always interesting to see more detail from a professional then just what Zillow has to say.

Call me anytime, I’m here to help. 720-465-7005 / leanne@TrailRidge.CO

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Attached Homes

in the Indian Peaks Community & Surrounding Neighborhoods

Address

Price

Status

SqFt

Beds

Neighborhood

$ Sq Ft

% List to Sold

DOM

2472 Concord Cir$360,000A / B1,5683/4Indian Peaks East Lexington
118 Rowena Pl$359,500S1,5343/3Indian Peaks Waneka Gold Hill$23499%36
155 Rendezvous Dr$345,000S1,8172/3Indian Peaks Hedgerow$19099%50
2444 Concord Cir$349,900S1,8243/3Indian Peaks East Lexington$192100%62
2682 Hedgerow Cir$367,500S1,8303/3Inidian Peaks Hedgerow$201105%44
2037 S Fork Dr$359,500S1,8983/3Indian Peaks Waneka Gold Hill$189106%22
2576 Stonewall Ln$361,000S1,9133/3Indian Peaks Hedgerow$189103%43
345 Jasper Peak Ct$369,000S1,9983/3Indian Peaks West$185103%39

7 units sold

$358,771

 

 

 

 

$197

102%

42

Single family homes up to 4499 sq ft

in the Indian Peaks Community & Surrounding Neighborhoods

Address

Price

Status

SqFt

Beds

Neighborhood

$ Sq Ft

% List to Sold

DOM

441 King St$459,900A1,9994/2Grace Mar
765 Furrow Way$465,000A2,9123/3Anna’s Farm
3005 Shoshone Trl$575,000A2,9155/5Indian Peaks West
1519 Greenlee Way$524,900A3,1795/5Anna’s Farm
1186 Blue Stem Trl$799,900A3,8464/4Indian Peaks East
331 Indian Peaks Trl W$789,000A4,1165/5Indian Peaks West
2849 Crater Lake Ln$774,500A4,4384/4Indian Peaks South
2522 RAVENWOOD Ln$480,000A / B1,7963/3Indian Peaks East Village Green
1509 Harvest Dr$447,700A / B2,3503/3Anna’s Farm
2533 Concord Cir$529,900A / B3,0023/3Indian Peaks East Lexington
2002 S Fork Dr$372,000S1,5883/3Indian Peaks Waneka Gold Hill$234102%26
8798 Elgin Dr$555,000S1,8043/2Lark Meadows$308100%1
1515 Greenlee Way$450,000S2,3503/3Anna’s Farm$191103%26
2533 Lexington St$580,000S2,8123/3Indian Peaks East Lexington$206103%40
2481 Lexington St$655,000S2,9134/4Indian Peaks East Lexington$22599%100
127 High Country Ct$560,000S3,0045/4Indian Peaks Waneka Hilltop$18697%62
3100 Red Deer Trl$717,825S3,0284/4Indian Peaks West$237101%65
1512 Cottonwood Ave$445,000S3,2323/3Anna’s Farm$13899%43
458 Blue Lake Trl$670,000S3,2504/4Indian Peaks West$206101%65
2453 Lexington St$635,000S3,3793/4Indian Peaks East Lexington$18898%89
2235 Evening Star Ln$600,000S3,4484/4Indian Peaks East$174100%51
869 Bluebird Ln$863,136S3,5703/2Lark Meadows$24299%43
2414 Waneka Lake Trl$590,000S3,9405/4Indian Peaks Waneka Hilltop$15097%48
2745 Meadow Mountain Trl$667,825S4,1643/3Indian Peaks West$16099%31
2056 Red Feather Pt$654,000S4,3823/3Indian Peaks Esat$14999%46

7 units sold

$668,566

 

 

 

 

$181

99%

53

Single family homes larger than 4500 sq ft

in the Indian Peaks Community & Surrounding Neighborhoods

Address

Price

Status

SqFt

Beds

Neighborhood

$ Sq Ft

% List to Sold

DOM

2533 Concord Cir$529,900A / B3,0023/3Indian Peaks East Lexington
2533 Concord Cir$529,900A / B3,0023/3Indian Peaks East Lexington
2533 Concord Cir$529,900A / B3,0023/3Indian Peaks East Lexington
2682 Trailridge Dr W$700,000S4,8665/6Forest Park$14499%42
2026 Buchanan Pt$790,000S4,9634/4Indian Peaks East$15999%74
2224 Tamarron Ln$775,000S5,3343/3Indian Peaks East$14597%63

7 units sold

$642,450

 

 

 

 

$149

98%

60

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