West Lafayette 4 Bedroom homes for sale/sold in UNIVERSITY FARM Subdivision close to Purdue Research Park and Purdue University in West Lafayette, Indiana.
MARKET REPORT: 4 bedroom homes sold in UNIVERSITY FARM Subdivision in 2011
Average and median sales prices for a 4 Bedroom house in University Farm were UP 2.5% over 2010.
Houses sold 15 14
Ave. sale price $252,566 $258,821
Med. sale price $245,000 $251,000
Ave. DOM 77 62
Med. DOM 24 39
HI sale $397,500 $332,000
LO sale $170,000 $176,500
DOM = Days on Market before an accepted offer.
University Farm is the flagship subdivision of newer housing in the award winning West Lafayette Community School Corporation, and is a great alternative to the stately, but sometimes dated homes in West Lafayette within walking distance to the Purdue University campus.
It is a very quick drive to the Purdue Research Park and Purdue University from University Farm; shopping and dining in West Lafayette is a few minutes away as well. It is easy to see why West Lafayette 4 bedroom home sale prices in University Farm are up 2.5% from last year in 2010.
The AVERAGE sales price of a 4 Bedroom home declined by 9% in the entire West Lafayette school system in the city of West Lafayette in 2011; median sales price declined by 4%
If you are thinking of selling your 4 Bedroom home in University Farm it is a good time to do so as average and median sales prices increased by 2.5% from 2010!
If you are thinking of purchasing a 4 bedroom home in West Lafayette that has held and even increased its value from 2010, UNIVERSITY FARM is a great place to be!
For more information on homes for sale in University Farm or in West Lafayette or the surrounding area, please contact Sharon and Bruce Walter to help you buy or sell your home.