Showing posts with label average sale price. Show all posts
Showing posts with label average sale price. Show all posts

Wednesday, October 31, 2007

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

Thursday, October 18, 2007

Lafayette MLS Market Statistics

Lafayette and West Lafayette Indiana Real Estate Statistics

Market Statistics for all of Lafayette Multiple Listing Service

Dates: January 1, 2007 through October 16, 2007

Residential properties currently active on the market - 1,859
Average List Price of active residential properties - $158,127
Total Listed Residential Properties since 1/1/07 - 4,645
Number Sold - 2,323
Percent Sold - 50.01%

This data speaks to me that pricing is a large concern and homes need to be properly priced when listed on the market.
Average Sale Price Sold- $137,595
Average Days of the Market - SOLD - 91

Contact The Romanski Group for more information or visit us online at www.RomanskiGroup.com