1. MLS Residential Real
Estate Statistics
Current Lafayette/West Lafayette (Tippecanoe County)

2. • I am starting the year off on the right foot –
ranking # 12 in sales in the greater Lafayette
area! I am very excited to see the year unfold.
• 2012 was a record breaking year with 13.3%
growth in number of sales since 2011. We are
anticipating an even better year in 2013!
• Contributing growth factors for 2013 will be low
interest rates hovering around 3.25-3.75%,
growing consumer confidence, lots of homes still
on the market to choose from, and my own
systems I have put in place to keep my clients
informed of new listings the moment they come
up on the market!
(765) 426-0425 JenniferOSheaSellsHomes.com

3. • If you are a BUYER and you aren’t receiving
my auto-email notifications of new listings that
uniquely match your own search criteria contact
me at:
jennifer@jenniferosheasellshomes.com
• If you are a HOME OWNER and you are
thinking of selling your home, I have
compiled some stats below to answer many
of the questions that people frequently ask
me.
(765) 426-0425 JenniferOSheaSellsHomes.com

4. What do
these
numbers
mean?

5. The data that I am most concerned with are located in the “RS” or Residential rows.
Class Bedrooms Current Active Avg List Price Avg DOM
Day on Market
RS All 1,202 $145,577 158
Class Bedrooms Total Listed # Sold % Sold Avg List Avg Sale Sale/List Avg DOM Avg List %
Price Sold Price Sold Price Ratio Sold Price Unsold Expired
RS All 4,410 2,701 61.25% $142,035 $135,395 95.33% 102 $148,656 28.03%
How Long did it take for the average home to sell in 2012? Average DOM was 102
What does the average home in Lafayette/West Lafayette sell for?
Tippecanoe county’s average sale price $ 135,395 and the average list price is
$142,035. This reveals a that the average home sells for 95.33% of the asking price.
(765) 426-0425 JenniferOSheaSellsHomes.com

6. • As of January 2013, 663 residential homes are listed in
Tippecanoe county.
• In the year 2012, 4,410 homes were entered into the MLS, but
only 2,701 actually sold within their listing time period.
• So the revealing stat is that only 61.25% of homes listed
actually sell!
• It is important to list your home with a real estate agent who
knows how to poise your home for success in this market. Call
Jennifer to go over her simple step-by-step marketing
plan. It includes 13 unique ways to get your home noticed!
Also contact her to learn how your home would compete
with the other homes on the market.
How many homes are currently listed in the
Lafayette/West Lafayette market?
(765) 426-0425
JenniferOSheaSellsHomes.com

7. 250
200
150
100 2011
2012
50
0
Number of Sales: 2011 vs. 2012
(765) 426-0425 JenniferOSheaSellsHomes.com

8. January 1 – November
404
410
400
390
# of Homes Sold
380
370 356
349
360
350
340
330
320
2010 2011 2012
How Many Sold are REO?
(765) 426-0425 JenniferOSheaSellsHomes.com

9. Is the real estate market improving? YES!
The market is up 13.3% from the
year before!
When is the best time of the year to sell my home?
• In the Lafayette market, monthly sales flow from a low rate of 77 in the
month of January to a peak in may, June, and July at roughly 200 a month.
• Homes that are recorded as sold in these months actually went pending in
April, May, and June.
• It is important to realize though, that there are twice as many homes on the
market in the spring and summer months so the competition can be more
fierce.
• I find that I sell my listings all year round, and that in Lafayette/West
Lafayette market conditions can be optimal for the entire year.
(765) 426-0425 JenniferOSheaSellsHomes.com

10. Please Visit Our Website!
JenniferOsheaSellsHomes.com
Contact Us
Cell Phone: (765) 426-0425
Email: jennifer@jenniferosheasellshomes.com
Connect with us via:
(765) 426-0425 JenniferOSheaSellsHomes.com