Is Southwest Lafayette / Centaur VIllage, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Southwest Lafayette / Centaur VIllage is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Southwest Lafayette / Centaur VIllage was a Seller's Market.

Key Takeaway

Southwest Lafayette / Centaur VIllage is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Southwest Lafayette / Centaur VIllage, CO

How much do homes in Southwest Lafayette / Centaur VIllage, CO cost?

Median Sold Price

$650,900

$364/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$105,900(+19.4%)

Key Takeaway

Homes in Southwest Lafayette / Centaur VIllage have sold for 19.4% more than they did a year ago.

Summary: The median home sold price in Southwest Lafayette / Centaur VIllage was $650,900 in November 2024, up 19.4% from last year, and the median price per square foot was $364.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $300K$320.6K
+6.9%
2 $416K$385K
-7.5%
3 $502K$635K
+26.5%
4 $744.5K$770K
+3.4%
5+ $757.8K$895K
+18.1%

Summary: Southwest Lafayette / Centaur VIllage housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.9%, 2 bedroom homes decreased by 7.5%, 3 bedroom homes increased by 26.5%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 18.1%.

Median Sold Price Compared To Nearby Neighborhoods

Southwest Lafayette / Centaur VIllage
+19.4%
Centaur Village
+2.2%

Housing Supply in Southwest Lafayette / Centaur VIllage, CO

How many homes are available in Southwest Lafayette / Centaur VIllage, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4744-6.4%

Summary: The Southwest Lafayette / Centaur VIllage real estate market had 44 homes for sale in November 2024, a 6.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 43
-25.0%
2 1616
0.0%
3 1416
+14.3%
4 117
-36.4%
5+ 22
0.0%

Summary: The Southwest Lafayette / Centaur VIllage housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Southwest Lafayette / Centaur VIllage, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Southwest Lafayette / Centaur VIllage in November 2024, down by 22.2% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.

Days on Market for Southwest Lafayette / Centaur VIllage, CO

How long does it take to sell a home in Southwest Lafayette / Centaur VIllage, CO?

Average Sale Time

Nov 2023Nov 2024CHANGE
20 Days26 Days+30.7%

Summary: Homes in Southwest Lafayette / Centaur VIllage had an average of 26 days on market in Nov 2024, up by 30.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Southwest Lafayette / Centaur VIllage are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 7 homes were sold in Southwest Lafayette / Centaur VIllage; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Southwest Lafayette / Centaur VIllage, CO

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