The first half of 2016 is in the history books (almost time for back-to-school sales!), and the real estate stats for Lafayette are in! Here’s a look at how this year’s numbers compared to the first half of 2015.Number of Sales: 222, down slightly from 237 last year. 44 of these homes – 20% – sold at or above the original asking price! Average Sale Price: $442,728, down from $451,222 Sales Price to Original Price Ratio:94.40%, down just a tad from 2015′s 94.69%, but up from the first quarter’s 92.64%.Average Number of Days on Market: 63, down nicely from 73. 12 sold with no time (0 days) on the marketDistressed Properties: 6 foreclosures, 2 short sales; even though we hear very little about this any more, it is a reminder that some in our community are still struggling.Subdivision with ...
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