Is Northwest Lafayette / Indian Peaks, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Northwest Lafayette / Indian Peaks has remained a Seller's Market.
Housing Prices in Northwest Lafayette / Indian Peaks, CO
How much do homes in Northwest Lafayette / Indian Peaks, CO cost?
Median Sold Price
$840,000
$369/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Northwest Lafayette / Indian Peaks was $840,000 in April 2024, up 3.4% from last year, and the median price per square foot was $369.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $325K | N/A |
2 Bedrooms | $575K | $605K | +5.2% |
3 Bedrooms | $649.9K | $746K | +14.8% |
4 Bedrooms | $935K | $919.5K | -1.7% |
5+ Bedrooms | $1.3M | $1.2M | -11.3% |
Summary: Northwest Lafayette / Indian Peaks housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 14.8%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 11.3%.
Housing Supply in Northwest Lafayette / Indian Peaks, CO
How many homes are available in Northwest Lafayette / Indian Peaks, CO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
43 | 68 | +58.1% |
Summary: The Northwest Lafayette / Indian Peaks real estate market had 68 homes for sale in April 2024, a 58.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 3 | +200.0% |
3 Bedrooms | 21 | 33 | +57.1% |
4 Bedrooms | 11 | 16 | +45.5% |
5+ Bedrooms | 9 | 15 | +66.7% |
Summary: The Northwest Lafayette / Indian Peaks housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 57.1%, 4 bedroom homes increased by 45.5%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 23 | +283.3% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Northwest Lafayette / Indian Peaks in April 2024, up by 283.3% month-over-month. Of the 23 sold homes, 70% were sold under asking, 26% were sold at asking, and 4% were sold over asking.
Days on Market for Northwest Lafayette / Indian Peaks, CO
How long does it take to sell a home in Northwest Lafayette / Indian Peaks, CO?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 43 Days | +26.7% |
Summary: Homes in Northwest Lafayette / Indian Peaks had an average of 43 days on market in Apr 2024, up by 26.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 23 homes were sold in Northwest Lafayette / Indian Peaks; 26% of homes were sold within 30 days, 65% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.