Annual Market Statistics - City of Lafayette
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Lafayette has seen an average increase of 3.6% in single family home prices
over the last five years, with a big jump in 2005 of 22.2% and slight decreases
in the other years until 2009.
Condos have been flat (just below a 1% decrease) on average over that same time period.
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| 2009 |
2008 |
2007 |
2006 |
2005 |
2004 |
2003 |
2002 |
2001 |
2000 |
1999 |
1998 |
| 2009 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year (Median Price) |
| Residential |
219 |
77,234,254 |
352,667 |
314,000 |
0.8 |
| Attached |
95 |
17,639,300 |
185,676 |
172,000 |
1.5 |
| Income |
1 |
283,061 |
283,061 |
N/A |
113.6 |
| Lease |
0 |
0 |
0 |
N/A |
--- |
|
| Commercial |
1 |
265,000 |
265,000 |
N/A |
-88.2 |
| Vacant Land |
0 |
0 |
0 |
N/A |
-100.0 |
| Farms |
0 |
0 |
0 |
0 |
-- |
| Total |
316 |
95,421,615 |
|
|
|
| 2008 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year (Median Price) |
| Residential |
253 |
89,929,537 |
355,452 |
311,500 |
-2.3 |
| Attached |
118 |
21,445,192 |
181,738 |
169,500 |
-9.4 |
| Income |
1 |
132,500 |
132,500 |
N/A |
-52.8 |
| Lease |
0 |
0 |
0 |
N/A |
--- |
|
| Commercial |
2 |
4,745,000 |
2,372,500 |
N/A |
--- |
| Vacant Land |
2 |
180,000 |
90,000 |
N/A |
-92.7 |
| Farms |
0 |
0 |
0 |
0 |
-- |
| Total |
376 |
116,432,229 |
|
|
|
| 2007 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year (Median Price) |
| Residential |
313 |
127,047,185 |
405,901 |
320,000 |
-2.3 |
| Attached |
149 |
29,019,547 |
194,762 |
187,000 |
-1.5 |
| Income |
4 |
1,146,000 |
286,500 |
N/A |
-3.1 |
| Lease |
0 |
0 |
0 |
N/A |
-100.0 |
| Commercial |
0 |
0 |
0 |
N/A |
-100.0 |
| Vacant Land |
1 |
685,000 |
685,000 |
N/A |
-32.5 |
| Farms |
0 |
0 |
0 |
0 |
-- |
| Total |
469 |
157,969,732 |
|
|
|
| 2006 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year (Median Price) |
| Residential |
328 |
129,767,216 |
395,631 |
329,125 |
-0.6 |
| Attached |
147 |
29,405,473 |
200,037 |
189,900 |
5.5 |
| Income |
4 |
1,139,800 |
284,950 |
289,900 |
-16.0 |
| Lease |
1 |
975,000 |
975,000 |
975,000 |
-- |
| Commercial |
3 |
2,692,000 |
897,333 |
507,000 |
-62.4 |
| Vacant Land |
8 |
12,323,200 |
1,540,400 |
1,094,800 |
655.0 |
| Farms |
0 |
0 |
0 |
0 |
-- |
| Total |
491 |
176,302,689 |
|
|
|
| 2005 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year (Median Price) |
| Residential |
405 |
158,703,411 |
391,860 |
329,900 |
22.2 |
| Attached |
157 |
31,341,296 |
199,626 |
180,000 |
0.3 |
| Income |
5 |
1,809,000 |
361,800 |
344,000 |
34.9 |
| Lease |
0 |
0 |
0 |
0 |
-- |
| Commercial |
2 |
2,700,000 |
1,350,000 |
1,200,000 |
-- |
| Vacant Land |
10 |
4,113,928 |
411,392 |
145,000 |
7.4 |
| Farms |
0 |
0 |
0 |
0 |
-- |
| Total |
580 |
198,704,228 |
|
|
|
| 2004 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year (Median Price) |
| Residential |
376 |
132,547,289 |
352,519 |
270,000 |
-5.6 |
| Attached |
147 |
27,962,102 |
190,218 |
179,400 |
5.5 |
| Income |
4 |
1,123,500 |
280,875 |
255,000 |
0 |
| Lease |
0 |
0 |
0 |
0 |
** |
| Commercial |
0 |
0 |
0 |
0 |
-100.0 |
| Vacant Land |
8 |
1,080,000 |
135,000 |
135,000 |
9.8 |
| Farms |
0 |
0 |
0 |
0 |
** |
| Total |
535 |
162,712,891 |
|
|
|
| 2003 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year (Median Price) |
| Residential |
405 |
141,509,691 |
349,406 |
286,000 |
3.6 |
| Attached |
201 |
37,370,538 |
185,923 |
170,000 |
-5.0 |
| Income |
6 |
1,920,100 |
320,016 |
255,000 |
-7.3 |
| Lease |
0 |
0 |
0 |
0 |
** |
| Commercial |
1 |
410,000 |
410,000 |
410,000 |
310.0 |
| Vacant Land |
4 |
613,000 |
153,250 |
123,000 |
-7.5 |
| Farms |
0 |
0 |
0 |
0 |
** |
| Total |
617 |
181,823,329 |
|
|
|
| 2002 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year (Median Price) |
| Residential |
366 |
120,012,209 |
327,902 |
276,000 |
6.8 |
| Attached |
188 |
35,483,693 |
188,743 |
179,000 |
2.3 |
| Income |
7 |
2,048,000 |
292,571 |
275,000 |
19.6 |
| Lease |
0 |
0 |
0 |
0 |
** |
| Commercial |
1 |
100,000 |
100,000 |
100,000 |
** |
| Vacant Land |
3 |
599,500 |
199,833 |
133,000 |
-14.7 |
| Farms |
0 |
0 |
0 |
0 |
** |
| Total |
566 |
158,267,402 |
|
|
|
| 2001 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year (Median Price) |
| Residential |
373 |
122,133,088 |
327,434 |
258,500 |
3.8 |
| Attached |
181 |
33,757,825 |
186,507 |
175,000 |
14.8 |
| Income |
7 |
1,819,400 |
259,914 |
230,000 |
19.2 |
| Lease |
0 |
0 |
0 |
0 |
** |
| Commercial |
0 |
0 |
0 |
0 |
** |
| Vacant Land |
3 |
635,373 |
211,791 |
156,000 |
-52.7 |
| Farms |
0 |
0 |
0 |
0 |
** |
| Total |
564 |
158,345,686 |
|
|
|
| 2000 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year (Median Price) |
| Residential |
408 |
129,528,589 |
317,472 |
249,000 |
2.3 |
| Attached |
190 |
30,568,548 |
160,887 |
152,500 |
17.4 |
| Income |
7 |
1,983,150 |
283,307 |
193,000 |
-0.3 |
| Lease |
0 |
0 |
0 |
0 |
** |
| Commercial |
0 |
0 |
0 |
0 |
** |
| Vacant Land |
1 |
330,000 |
330,000 |
330,000 |
187.0 |
| Farms |
0 |
0 |
0 |
0 |
-100.0 |
| Total |
607 |
162,454,287 |
|
|
|
| 1999 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year (Median Price) |
| Residential |
421 |
122,587,197 |
291,180 |
243,500 |
33.4 |
| Attached |
190 |
25,970,735 |
136,688 |
129,900 |
11.6 |
| Income |
6 |
1,413,400 |
235,566 |
193,500 |
29.1 |
| Lease |
0 |
0 |
0 |
0 |
** |
| Commercial |
0 |
0 |
0 |
0 |
-100.0 |
| Vacant Land |
2 |
525,000 |
262,500 |
115,000 |
187.5 |
| Farms |
1 |
66,000 |
66,000 |
66,000 |
-2.8 |
| Total |
621 |
150,587,332 |
|
|
|
| 1998 |
# Sold |
Sales Volume |
Average Price |
Median Price |
% Difference Over Previous Year (Median Price) |
| Residential |
504 |
118,868,283 |
235,849 |
182,500 |
--- |
| Attached |
181 |
22,547,747 |
124,573 |
116,400 |
--- |
| Income |
4 |
729,900 |
182,475 |
149,900 |
--- |
| Lease |
0 |
0 |
0 |
0 |
--- |
| Commercial |
3 |
527,600 |
175,866 |
147,600 |
--- |
| Vacant Land |
8 |
549,500 |
68,687 |
40,000 |
--- |
| Farms |
2 |
165,800 |
82,900 |
67,900 |
--- |
| Total |
702 |
143,388,830 |
|
|
|
Source: IRES - Information Real Estate Services
|