May 2008 Residential Market Statistics for the Greater Lafayette, Indiana area!
*Information resource: Lafayette Multiple Listing Service
Market Statistics Residential MLS
Statistics for: Date Range=05/01/2008-05/31/2008
Class Bedrooms Current Active Avg List Price Avg DOM
RS All 1,848 $165,827 125
Class Bedrooms Total Listed Num Sold Pct Sold Avg List Price Sold Avg Sale Price
RS All 488 264 54.10% $135,209 $129,842
Sold Sale Price/List Price Ratio Avg DOM Sold Avg List Price Unsold Pct Expired
96.03% 84 $136,985 18.03%
Based on this information the average days on the market for sold properties is 84. The average sold list price is $136,985 Approximately 54% of homes on the market are selling currently at an average of 95% of list price. That means nearly 46% of homes on the market are not selling.
Pricing is key in this type of a market to get your home sold! The Romanski Group's average days on market for Sold homes is 47! Of our 4 most recent listings that have received accepted offers our average days on the market has just been 10!
Call The Romanski Group today for an honest assessment of your homes value and Get Sold with The Romanski Group - (765) 532-6148.