Colorado Real Estate and More: Lafayette Colorado Home Sales Update

Lafayette Colorado Home Sales Update

Lafayette Colorado Homes Sales Update.

Lafayette, CO Months Supply of Inventory and Average Days on Market.

Lafayette, CO Median Prices

Lafayette Co Current Supply and Demand

Lafayette Colorado is beginning to see some strong strengthening in the market.  October of 2008 and spiked to 18 months of inventory, October 2009 has dropped to seven months of inventory, which still indicates a Buyer's market.  A six month supply of inventory is usually classified as a balanced market.

If you look at the median pricing chart above you are seeing the current inventory is merging with sold homes.  This is a strong indicator the Buyers and Sellers are beginning to have the same expectations in the market place.  The Supply curves and are also showing a convergence, which bodes well for the future.

For the latest listing in Lafayette co you can visit http://www.homesincolorado.com/lafayette-colorado-real-estate-and-homes.html

0 commentsGreg Smith • November 13 2009 10:27AM

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