Lafayette CO Home Values September 2015
For one month there it seemed like the market took a little stumble. That numbers show this because only two single family homes closed in September 2015 throughout the Lafayette Community of Indian Peaks and the surrounding neighborhoods.
However, the market seems to have caught up with itself with 56% of the available inventory under contract and scheduled for closing. That leaves only 17% of the entire market (single family and townhouses) active and available for purchase.
The lag in the market didn’t have time to be reflected in the absorption rate as under contract property is keeping the number of available homes low. That is helping the absorption rate dip even lower than last month with just .41 months of inventory available. Remembering that the National Association of REALTORS says that a balanced market has 4-6 months of inventory. A balanced market is when neither the Buyer nor the Seller have a competitive advantage.
So despite a minor hiccup, it would appear that we are solidly moving forward with sales throughout Indian Peaks, Anna’s Farm and the open space community of Lark Meadows.
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read moreSEPTEMBER 2015 HOME SALES – Lafayette CO Home Values | |||||||||
Single Family Home Sales | |||||||||
Type | Price | SqFt | Address | $ per SqFt | % SALES to LIST | Days On Market | Days Till Contract | Beds Bath | Community |
RES | $565,000 | 3114 | 2568 Paintbrush Ln | $181 | 98% | 54 | 18 | 4/4 | East IP / Village Green |
RES | $595,000 | 3348 | 375 Lodgewood Ln | $178 | 102% | 56 | 22 | 4/4 | East IP / Village Green |
AVERAGES | $580,000 | $180 | 99.99% | 55 | 20 |
Attached Home or Townhome Sales | |||||||||
Type | Price | SqFt | Address | $ per SqFt | % SALES to LIST | Days On Market | Days Till Contract | Beds Bath | Community |
ATD | $324,100 | 1988 | 2049 N Fork Dr | $163 | 101% | 40 | 3 | 3/3 | Waneka IP / Gold Hill |
ATD | $355,000 | 1976 | 2095 N Fork Dr | $180 | 100% | 8 | 54 | 3/3 | Waneka IP / Gold Hill |
ATD | $358,500 | 2016 | 2556 Concord Cir | $178 | 102% | 48 | 16 | 3/3 | East IP / Lexington |
ATD | $525,000 | 2332 | 3518 Nyland Way | $225 | 100% | 54 | 10 | 4/3 | Nyland Way |
AVERAGES | $441,750 | $201 | 101% | 51 | 13 |
Now Under Contract | |||||
Type | Price | SqFt | Address | Beds/ Bath | Community |
ATD | $340,000 | 1,898 | 2037 S Fork Dr | 3/3 | Indian Peaks Waneka / Gold Hill |
ATD | $349,900 | 1,913 | 2576 Stonewall Ln | 3/3 | Indian Peaks Waneka / Gold Hill |
ATD | $349,900 | 1,830 | 2682 Hedgerow Cir | 3/3 | Indian Peaks Waneka / Gold Hill |
ATD | $364,000 | 1,534 | 118 Rowena Pl | 3/3 | Indian Peaks Waneka / Gold Hill |
ATD | $347,500 | 1,817 | 155 Rendezvous Dr | 2/3 | Indian Peaks Waneka / Gold Hill |
RES | $364,000 | 1,588 | 2002 S Fork Dr | 3/3 | Indian Peaks Waneka / Gold Hill |
RES | $450,000 | 3,232 | 1512 Cottonwood Ave | 3/3 | Anna’s Farm |
RES | $648,000 | 3,379 | 2453 Lexington St | 3/4 | Indian Peaks East / Lexington |
RES | $665,000 | 3,250 | 458 Blue Lake Trl | 4/4 | West Indian Peaks |
RES | $710,000 | 3,028 | 3100 Red Deer Trl | 4/4 | West Indian Peaks |
RES | $710,000 | 4,866 | 2682 Trailridge Dr W | 5/6 | East Forest Park |
RES | $875,000 | 3,570 | 869 Bluebird Ln | 3/2 | Lark Meadows |
RES | $659,900 | 4,382 | 2056 Red Feather Pt | 3/3 | Indian Peaks East / Eagle’s Wing |
Now ACTIVE | |||||
Type | Price | SqFt | Address | Beds/ Bath | Community |
RES | $459,900 | 1,999 | 441 King St | 4/2 | Grace Mar |
RES | $549,900 | 2,755 | 2552 Lexington St | 4/4 | Indian Peaks East / Lexington |
RES | $659,900 | 2,913 | 2481 Lexington St | 4/4 | Indian Peaks East / Lexington |
RES | $785,000 | 4,438 | 2849 Crater Lake Ln | 4/4 | Indian Peaks South |
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