Elizabeth Boese Realty

Lafayette

City of Lafayette.
The Highlights.

Lafayette is part of Boulder County.

Lafayette is located on the eastern portion of Boulder County.

Lafayette has it's own downtown, "Old Town Lafayette" on South Public Road.. The downtown has been working on a revitalization program to enhance the area.

Waneka Lake is a popular recreation area. There are paddle boats for rent, grills, playgrounds, trails, and courts.

Another favorite place in the summer is the Great Outdoors Waterpark. They have slides and a lazy river!

Lafayette used to be considered a cheaper place to live for those who work in Boulder. As Louisville started to fill up, spread moved into Lafayette and newer homes are currently being built over the $1.6m price tag. As Lafayette continues to update Old Town, this city's housing market is on a major upwards trend.

Lafayette Vision Plan circa 2011
Lafayette Open Space and Trails
Population in Lafayette
Lots of new developments were created to alleviate the housing crisis in Boulder and then Louisville.

Lafayette, CO Fun Facts:

Every January Quaker Oats sponsors an Oatmeal Festival in Lafayette!
Each Thursday through summer, BYO picnic to Festival Plaza at 311 S. Public Rd for some free music on the lawn!

Neighborhoods.
Research Boulder Neighborhoods.

Learn more about specific neighborhoods within Boulder, Colorado.

Boulder Neighborhoods:

Lafayette, CO:

Tour all the Lafayette neighborhoods!

Boulder Colorado Indian Peaks neighborhood park

Lafayette Median Sales Price over time. A continual trajectory upward!
Lafayette has been a popular nearby city for those who work in Boulder, Denver, and other surrounding towns. Lafayette typically had lower priced homes, making the town more affordable than the surrounding cities of Boulder and Louisville.
Lafayette has a downtown area called "Old Town" and has many new and newer housing developments. The city has been revitalizing downtown, and many of the newer housing developments are creating luxury homes starting at the $1.5+ million price point. The value of these homes are continuing to rise as the popularity of the location and updated downtown are major draws to the area.

The inventory of homes availble to purchase remain at all time lows. A balanced housing market would have about 6 months supply of homes. Boulder has been seeing less than 1 month supply!

Number of homes for sale in Lafayette:

Lafayette homes tend to go under contract after 15 showings (does not include data from open houses).

The number of days on the market for home sales has dropped over time considerably.
Recently homes have been going under contract within a week of listing, and close within a month. Typicaly buyers getting loans need about 30 days to close, though lenders are working to push this closer to 21 days. Cash buyers tend to close within 10-14 days.

New listings in Colorado tend to follow a bell curve with spring and summer being the height of when most homes come on the market, and end of fall and winter being a low point for new listings.

Looking at comparing Lafayette to the surrounding towns within Boulder County:

Tour all the Lafayette neighborhoods!

Neighborhoods.
Research Colorado Neighborhoods.

Learn more about specific neighborhoods throughout Colorado.

Areas: Boulder, Louisville, Lafayette, Gunbarrel, Niwot, Longmont, Lyons, Erie, Broomfield, Superior, Arvarda, Fort Collins, Colorado Springs

Learn More.
YouTube Channel for YOU!

I publish videos about Living in Boulder and Market Reports for the area in a YouTube channel dedicated to Boulder Colorado!
I also help new real estate agents learn by posting videos about all things real estate on my YouTube series Success in Life and Real Estate.