Lafayette Q3 2021 Market Update

Lafayette 2021 Q3 Market Update MartinHomesTeam.com

Unlike other real estate teams, we are also licensed general contractors with a skilled full-time crew ready to prepare your home for sale

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Lafayette 2021 Q3 Market Update MartinHomesTeam.com

• What Homebuyers Really Want – According to a recent National Association of Homebuilders survey, today’s post-pandemic homebuyer is primarily looking for: • Functional Yard Space – Pools, flat play areas, outdoor living space, sport courts, fire pits & low-voltage yard lighting have become that much more attractive during the pandemic • Four Bedrooms – With more time spent at home, families are increasingly looking for separate bedrooms for children or space for in-laws to visit • Home Office & Gym – With work-from-home jobs now becoming commonplace, having dedicated quiet space to work and/or exercise is essential to most homebuyers • Indoor - Outdoor Living – Seamless transitions from main living and kitchen spaces to central yard spaces. Families are looking for larger exterior rear French or nano doors, covered patios / outdoor dining areas, built-in BBQ’s & outdoor fireplaces • Kitchen Island & Walk-In Pantry – With more time spent at home families are looking for more functional kitchen spaces that large islands and functional pantries can provide • Solar & Backup Systems – With increasing power outages and electric vehicle popularity, solar systems and backup generators / home batteries provide homebuyers peace of mind during the summer and fall months

We look forward to the opportunity to assist with your real estate needs

241 $2.18 $2.01 $852 2640

SqFt

Price Per SQFT

List Price ($M)

Sold Price ($M)

# of Home Sales

SqFt

Price Per SQFT

List Price ($M)

Neighborhood Lafayette

Sold Price ($M)

• Burton Valley Leads The Way – Leading the pack in Lafayette, homes within the Burton Valley Elementary boundary have sold on average for almost $900 per sqft in the last six months

# of Home Sales

Lafayette Averages By School & Neighborhood Last Twelve Months Last Six Months

• Lafayette Tops $850 Price Per SQFT – The average price per sqft of a single-family home within the Lafayette School District increased over 5% in the last three months to $852

404 $2.12 $1.99 $808 2708

Burton Valley Elementary Burton Valley Laf. Valley Estates Saranap / Condit Trails

84 51 3 21 9

$2.06 $2.06 $1.56 $2.01 $2.40

$1.87 $1.84 $1.37 $1.85 $2.26

$892 $907 $1,014 $844 $875

2393 2328 1550 2446 2915

134 84 6 29 15

$1.98 $1.98 $1.40 $2.00 $2.21

$1.84 $1.83 $1.26 $1.86 $2.07

$838 $840 $979 $798 $843

2463 2446 1452 2560 2776

Happy Valley Elementary Happy Valley Happy Valley Glen Hidden Valley Upper Happy Valley

61 13 21 8 19

$2.66 $3.86 $2.22 $2.02 $2.59

$2.50 $3.66 $2.12 $1.82 $2.40

$879 $1,016 $845 $776 $867

3080 3887 2743 2730 3047

102 20 33 12 37

$2.57 $3.68 $2.22 $2.03 $2.47

$2.44 $3.51 $2.14 $1.90 $2.30

$843 $954 $844 $740 $816

3101 3958 2708 2843 3071

Lafayette Elementary Downtown Silver Springs Trails

44 22 3 19

$1.90 $1.86 $2.49 $1.85

$1.73 $1.71 $2.46 $1.65

$850 $784 $803 $934

2307 2420 3299 2018

73 37 5 31

$1.85 $1.77 $2.25 $1.87

$1.71 $821 2303 $1.65 $767 2350 $2.21 $834 2833 $1.71 $884 2162

Springhill Elementary Acalanes Baywood Reliez Valley Springhill

52 10 2 29 11

$2.03 $1.81 $2.51 $1.94 $2.38

$1.89 $759 2807 $1.61 $850 2204 $2.29 $726 3447 $1.82 $727 2800 $2.28 $770 3258

95 19 4 53 19

$2.02 $1.75 $2.42 $2.04 $2.16

$1.92 $716 2945 $1.62 $811 2314 $2.30 $654 3727 $1.95 $682 3073 $2.08 $730 3054

Erin Martin 925.951.3817 Erin@MartinHomesTeam.com CalDRE#01922810

Darrick Martin 925.900.8218 Darrick@MartinHomesTeam.com CalDRE#02006564 *****************ECRWSS***** Local Postal Customer

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