5 Bedroom houses for sale/sold in UNIVERSITY FARM Subdivision by PURDUE RESEARCH PARK in West Lafayette, IN

     MARKET REPORT:  UNIVERSITY FARM sales January 1 to September 30,2011

UNIVERSITY FARM is located near the PURDUE RESEARCH PARK and its homeowners have fast access to PURDUE UNIVERSITY and the major employers of LAFAYETTE.  It has two parks and is connected to West Lafayette's popular walking, jogging, and biking trail system.

           5 BEDROOM HOMES SOLD

4 sales in University Farm through 9/30/2011

*** 2,085 sq. ft. with 3 1/2 bath @ $245,000

*** 3,750 sq. ft. with 3 1/2 bath @ $291,000

*** 3,387 sq. ft. with 3 1/2 bath @ $350,000

*** 4,679 sq. ft. with 4 full bath  @ $410,000

Average Sales Price  =  $324,000

Median Sales Price   =  $320,500

Average Days on Market  =  27 days

Median Days on Market   =  21 days

Low Days on Market   =     3 days

High Days on Market  =   61 days

Average Price per finished square foot =  $93

Interested in 3 and 4 bedroom home sales in University Farm in 2011?

3 bedroom homes sold

4 bedroom homes sold

University Farm is in the award winning West Lafayette Community Schools and most of the residents of Unversity Farm are within walking distance of Cumberland Elementary School (K-3).  The western part of University Farm is located adjacent to West Lafayette Parks and Recreation softball fields, soccer fields, basketball courts, and a nature preserve for hiking.

The West Lafayette Athletic complex is also located within walking distance of University Farm.

For more information on University Farm or other West Lafayette subdivisions in Tippecanoe County please contact Sharon and Bruce Walter.