West Lafayette 3 bedroom homes for sale in Arbor Chase subdivision with water frontage near Purdue Research Park and Purdue University.
Market Report: 3 Bedroom houses for sale in Arbor Chase Subdivision West Lafayette, Indiana that closed in 2011.
Arbor Chase is located very close to the Purdue Research Park and it is just minutes by car or CityBus(public transportation) to Purdue University.
Arbor Chase has homes with water frontage as it has 1 lake and 2 ponds; many of the newer homes being brought to market are on densely wooded lots.
*** The average sales price of an Arbor Chase 3 bedroom home was up by 12% from the previous year.
*** The median sales price was up by 6% from last year for an Arbor Chase 3 bedroom home for sale in West Lafayette that closed in 2011.
*** 3 Bedroom sales prices in Arbor Chase displayed more stability in Low sales compared to High sales prices from 2010 to 2011.
The number of West Lafayette Arbor Chase 3 bedroom homes for sale that closed in 2011 were up 75% from the previous year.
Average DAYS ON MARKET for a 3 bedroom home in Arbor Chase were reduced over three fold in 2011 compared to the previous year.
SUMMARY: 3 Bedroom homes sales in Arbor Chase in West Lafayette
*** Median and average sale prices were up in 2011 compared to the previous year.
*** Number of units sold in 2011 increased by 75%
*** Average days on market decreased considerably.
Looking for a larger home in Arbor Chase? See these other market reports for 2011:
4 Bedroom homes sold
5 Bedroom homes sold
3,4,5 Bedroom homes sold composit market report
Arbor Chase continues to be an in-demand location for the sale of 3 bedroom homes in West Lafayette due to many homes having water frontage or lake views of the lake and 2 ponds.
Arbor Chase is on the West Lafayette Parks and Recreation Trail System and the Arbor Chase subdivision has its own park and trail system as well. It is on the CityBus public transportation line, and it is within walking distance to the Purdue Research Park.
Purdue University is just minutes away by car, as is all the shopping and restaurants in West Lafayette. There are THREE daycare centers within a mile from Arbor Chase.
Want more information on Arbor Chase to sell your home or buy a home in this wonderful subdivision located at the north end of West Lafayette? Please contact Sharon Walter or Bruce Walter, trusted real estate professionals; we can also send you information on other 3,4,5 bedroom homes for sale in West Lafayette or the surrounding area. See contact information below!