May MLS Market Statistics for Lafayette Indiana

May 2008 Residential Market Statistics for the Greater Lafayette, Indiana area!

*Information resource: Lafayette Multiple Listing Service



Market Statistics Residential MLS
Statistics for: Date Range=05/01/2008-05/31/2008

Class Bedrooms Current Active Avg List Price Avg DOM
RS All 1,848 $165,827 125

Class Bedrooms Total Listed Num Sold Pct Sold Avg List Price Sold Avg Sale Price
RS All 488 264 54.10% $135,209 $129,842

Sold Sale Price/List Price Ratio Avg DOM Sold Avg List Price Unsold Pct Expired
96.03% 84 $136,985 18.03%

Based on this information the average days on the market for sold properties is 84. The average sold list price is $136,985. Approximately 54% of homes on the market are selling currently at an average of 95% of list price. That means nearly 46% of homes on the market are not selling.

Pricing is key in this type of a market to get your home sold! The Romanski Group's average days on market for Sold homes is 47! Of our 4 most recent listings that have received accepted offers our average days on the market has just been 10!



Call The Romanski Group today for an honest assessment of your homes value and Get Sold with The Romanski Group - (765) 532-6148.

Ultimate Market Exposure


--------------------------------------------------------------------------------
Once your home is listed with Erin Romanski, she will begin to impliment a detailed 95 day list marketing plan. Erin does not want to just LIST your house but rather SELL your house. Selling a home does not happen by chance or luck. It takes detailed planning with one ultimate goal in mind - the sale of your home.

Call The Romanski Group today -765-807-7121



--------------------------------------------------------------------------------
24 Hour Advertising on the Internet

Your property will be advertised in full color to buyers in town or across the world on Erin's personal web site (http://www.romanskigroup.com/) which averages over 7,500 hits per week. Buyers can see your home whenever and wherever it is convenient for them. Additional websites your home will be displayed on include (http://www.google.com/), (http://www.trulia.com/), (http://www.lafayettekw.com/) and (http://www.kw.com/). Your home will also be marketed on other Keller Williams Realty agent websites from our Lafayette office.

The Romanski Group will also advertise your property across the Number1ExpertTM network: http://www.number1expert.com/, http://www.homes.com/, http://www.harmonhomes.com/, http://www.craigslist.com/, http://www.homeseekers.com/, http://www.immobel.com/, http://www.livedeal.com/, http://www.local.com/, http://www.realestate.com/, http://zillow.com + many, many more!

Color Brochure for Buyers and Agents Viewing your Home

A flyer will be created of your home and emailed to all agents within 24 hours of your home being listed so that you get up front exposure to nearly 500 Realtors, as well as, being emailed to any buyers that we are working with.

Ultimate Advertising in Other Mediums

Your home will receive exposure in the Homes and Lifestyles magazine, Just Listed postcards, Home Cards for you to share plus much more!

Achieving your Selling Price

When listing your home, The Romanski Group will provide you with a Preparing To Sell Checklist that contains many staging and home improvement suggestions that you can begin implementing in order to improve the showing quality of your home, which in turn will bring you a greater selling price and less time on the market.


See ALL listings in the Lafayette MLS for sale at www.RomanskiGroup.com!

Real Estate Market Update for Lafayette and West Lafayette Indiana

Lafayette, Indiana and surrounding communities Real Estate Update

Thought it would be great to share as the market is pretty much in line with this time last year and actually has a higher % of listings sold for 2007...

Here are the statistics taken from the Lafayette Board of Realtors MLS comparing last September 2006 to this September 2007. Here's what I discovered...

Based on Residential Properties Only

Total Listed: 2006 / 410
2007 / 362

Number Sold and %: 2006 / 200 with 48.78% sold
2007 / 196 with 54.14% sold

Average Sales Price: 2006 / $132,206
2007 / $120,566

Sales Price/List Ratio: 2006 / 95.60%
2007 / 95.62%

Average DOM Sold: 2006 / 88
2007 / 89


Contact Erin Romanski with The Romanski Group at Keller Williams Realty with questions or concerns about the current market or your home's value - ask us about a free market analysis of your home.

The real estate market is alive and well and there are homebuyers actively searching for new homes.


Click here to see all of the homes for sale in the Lafayette MLS!

Visit us online at www.RomanskiGroup.com!

The Romanski Group
Keller Williams Realty
(765) 807-7121 direct