3,4,5 Bedroom homes for sale/sold in West Lafayette Arbor Chase Subdivision near Purdue University and Purdue Research Park with waterfront, lake view, and wooded lots.
MARKET REPORT: 3,4,5 Bedroom homes for sale in Arbor Chase Subdivision in West Lafayette that closed in 2011.
Arbor Chase is located at the near north end of West Lafayette right by the Purdue Research Park. You are just a few minutes from shopping and restaurants in West Lafayette, as well as the campus of Purdue University.
West Lafayette's Arbor Chase Subdivision is on the CityBus(Greater Lafayette's public transportation system) route and it is connected to the miles of the West Lafayette Parks and Recreation exercise trail system.
There is ongoing new construction in Arbor Chase as this beautiful subdivision continues to mature.
For a specific 2011 Market Report investigate the links below, or continue for the overall market report:
3 bedroom homes for sale in Arbor Chase that closed in 2011
4 bedroom homes for sale in Arbor Chase that closed in 2011
5 bedroom homes for sale in Arbor Chase that closed in 2011
Arbor Chase Market Report with combined 3,4,5 Bedroom homes for sale that closed in 2011:
Sales were up 30% for all homes sold in Arbor Chase in 2011 from the previous year.
Median sale price increased by 5.5% for a home sold in 2011 in Arbor Chase from the previous year.
The average sale price was up 5% from a home sold in 2010 in Arbor Chase in West Lafayette.
The highest sale in 2011 was more than TRIPLE the low sale price in Arbor Chase. New construction with water frontage or dense woods command prices of $350,000 and more.
Arbor Chase followed the overall trend in 2011 for West Lafayette with increased average DAYS ON MARKET from the previous year.
3 Bedroom homes for sale in Arbor Chase that closed in 2011 had a decrease market time of 45%.
ARBOR CHASE MARKET REPORT SUMMARY FOR 2011
*** Houses for sale in Arbor Chase that closed in 2011 were up 30% from 2010.
*** The average and median sales price was up by 5% from the previous year in Arbor Chase.
*** New construction on densely wooded or waterfront lots have seen sales top the $500,000 price point.
*** Overall, average DAYS ON MARKET were up in Arbor Chase with the exception of 3 bedroom homes sold.
Arbor Chase in West Lafayette continues to do well and hold its home values in this uncertain real estate market. It is a great location with all of West Lafayette dining and shopping and Purdue University within minutes by car or CityBus.
Arbor Chase has a neighborhood park and walking trails, and there are three day care centers within a mile from the subdivision.
If you are interested in more information please call or email Bruce Walter or Sharon Walter at the contact information below or visit our website at www.SharonWalter@kw.com to search ALL homes on the market. Please register under Sharon Walter and we promise not to invade your privacy and provide you with just the information you seek!