Real estate market report for detached homes in Lafayette, California
Active Listings
Number of Active Listings = 100, of which 6 are short sales and 2 are bank-owned
The highest list price is $5,800,000
The average list price is $1,463,962 and the median* list price is $1,142,500
The lowest list price is $498,000
In Contract and Pending
There are 47 homes in contract and pending, of which 4 are short-sales and 2 are bank-owned. The sold price is not disclosed until the transactions close.
Closed Lafayette home sales for the recent month (3/12/2010 - 4/12/2010):
Number of closed sales = 16
The highest closed price is $2,950,000
The average closed price is $1,145,107 and the median* closed price is $907,500
The lowest closed price is $690,715
Lafayette real estate by quartile:
The top 25% (first quartile) averages of 4272 s.f., 5 bedrooms, 4.5 baths and a 1.0 - 2.5 acre lot with a median price of $2,294,500.
The second 25% (second quartile) averages 3267 s.f., 4 bedrooms, 3 baths and a .50 - 1.0 acre lot with a median price of $1,299,000.
The third 25% (third quartile) averages 2225 s.f., 4 bedrooms, 2 baths and a .50 - 1.0 acre lot with a median price of $995,000.
The fourth 25% (fourth quartile) averages 1629 s.f., 3 bedrooms, 2 baths and a .25 - .50 acre lot with a median price of $725,000.
*Median price is the mid-point of the market where half of the homes are above this point and half are below.
For additional details, please visit my interactive real estate trend chart for Lafayette, California.
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