Lafayette Colorado Real Estate Market Update
The real estate market in Lafayette Colorado is still hanging in there. Social media still refers to Lafayette as ‘on the verge’ and the data seems to indicate this is pretty accurate.
As people have gravitated to areas like nearby Louisville Colorado in the last decade or two in response to the rising costs of homes in Boulder, among other things, a similar trend is driving the Lafayette real estate market.
If you’re not ready for the higher prices and the hustle and bustle of Boulder, and you find yourself up against the still high prices of Louisville, you may want to consider exploring Lafayette.
Besides the historic position Lafayette has of being a better value than either of the aforementioned Boulder and Louisville, Lafayette’s median home prices are down almost six per cent over the last six months and keeping right in step with this are sellers.
The median price of homes for sale is also lower by 5.2% over the last six months. So, it seems sellers are paying close attention in most cases to what’s really working in their town. Homes can be found for sale in the upper 300’s to the 400’s here.
Given that is’ right next door to Louisville, and Lafayette has many similar cool things going on like the peach festival, street fairs, and great restaurants and brewpubs it’s a viable alternative in today’s market.
Thinking about buying a new home, or getting ready to sell? Call me today!
Zachary Epps, GRI®, ABR®, MCNE®, CLHMS®, SRES®, REALTOR®,
RE/MAX Hall of Fame, RE/MAX Platinum Club
I’d seriously enjoy having the opportunity to talk to you about your plans if you’re moving, or if you know someone who is considering a move, and needs some straight answers.
Also, I’m never too busy for your referrals. As a real estate professional intent on giving back to the community, my relationship-based approach is exactly what you’ve been looking for in a helpful RE/MAX Professional.