West Lafayette 3,4,5 bedroom homes for sale/sold by Purdue Research Park and Purdue University in University Farm Subdivision.

Year end Market Report for West Lafayette University Farm homes for sale/sold in 2011

University Farm is located in the near north part of West Lafayette and is home to 600 families.

It is located almost beside the Purdue Research Park, and it is a very short trip into Purdue University by car or CityBus.

The West Lafayette Parks and Recreation softball and soccer fields are located to the west of University Farm, as well as the West Lafayette High School Athletic complex(football,track,soccer,baseball, and softball fields).

For specific home sales in University Farm in West Lafayette, 2011 please follow these links provided for specific details:

3 bedroom homes for sale/sold in 2011

4 bedroom homes for sale/sold in 2011

5 bedroom homes for sale/sold in 2011

*** University Farm has 2 neighborhood parks for families to cookout, play, and relax in a West Lafayette subdivision that is close to Purdue University, the Purdue Research Park, and dining and shopping in West Lafayette.

*** Most of the homes in University Farm are within easy walking distance of the West Lafayette Community School Corporation's only K-3 school, Cumberland Elementary School.

3 bedroom, 4 bedroom, and 5 bedroom homes for sale/sold in University Farm in West Lafayette in 2011: MARKET SNAPSHOT AND REPORT

*** Comparing sales stats from the previous year should be done with caution.

--- there were no 5 bedroom homes sold in University Farm in 2010.

--- there was only one sale in 2010 for 3 bedroom homes(high end).

--- the 4 bedroom homes had a representative sample as 15 homes sold in 2010 and 14 homes sold in 2011; the average sale price of a 4 bedroom home sale in 2011 in University Farm Subdivision in West Lafayette was up 2.4% from 2010.

The median sales trend showed similar results as the average sales prices. The 2010 stats for the 3 and 5 bedroom sales did not have representative samples to compare to sales in 2011.

Comparing University Farm 3,4, and 5 bedroom homes sales in 2011 with overall sales prices in West Lafayette within the West Lafayette School Corporation.

The average and median sales price of a 3, 4, and 5 bedroom home sale in University Farm in 2011 was around 40% more than the average and median sales price of other homes located in West Lafayette with the West Lafayette Community School Corporation!

University Farm 3,4,5 bedroom homes for sale in West Lafayette held their value over 2010 when there were representative sales to compare.

The home sales price of 3, 4, and 5 bedroom homes in University Farm was around 40% ABOVE the average and median sales price of all homes sold in West Lafayette in the West Lafayette school system in 2011.

For more information on how your home is doing in University Farm, or in West Lafayette and the surround are please contact Sharon Walter or Bruce Walter your real estate professionals who know the West Lafayette housing market.

Looking for a home to buy in West Lafayette or a home/condo for you son or daughter to attend Purdue?

WE CAN HELP!!!

West Lafayette 3 Bedroom homes for sale/sold in UNIVERSITY FARM Subdivision near the Purdue Research Park and Purdue University.

MARKET REPORT: 3 Bedroom homes sold in UNIVERSITY FARM in 2011

2011 summary for 3 BEDROOM homes sold in University Farm Subdivision in West Lafayette:

*** Number of homes sold = 5

*** Average sales price = $174,630

*** Median sales price = $189,900

*** Average Days on Market = 56

*** Median Days on Market = 39

2011 University Farm home sales market reports:

4 Bedroom homes sold in 2011.

5 Bedroom homes sold in 2011.

The AVERAGE sales price for a 3 BEDROOM home in UNIVERSITY FARM was 21% higher than the AVERAGE sales price for a 3 Bedroom home in West Lafayette within the West Lafayette School Corporation!

The MEDIAN SALES PRICE for a 3 BEDROOM home in UNIVERSITY FARM was almost 44% higher than the MEDIAN SALES PRICE for a 3 BEDROOM home in WEST LAFAYETTE within the West Lafayette Community Schools!

If you are looking for modern homes built within the last 25 years in the West Lafayette Community Schools in the city of West Lafayette, consider looking at homes in UNIVERSITY FARM.

University Farm is connected to the West Lafayette Parks and Recreation exercise trails and most homes are within walking distance of the West Lafayette High School Athletic fields(baseball, softball, football, soccer, and track and field).

The Purdue Research Park and Purdue University are just minutes away by car or the public transportation system(CITYBUS) in West Lafayette, as well as restaurants and shopping!

Please contact Sharon and Bruce Walter for more information on available homes for sale in University Farm, or other homes in West Lafayette and the surrounding area in Tippecanoe County. We are here to help!

WEST LAFAYETTE 5 Bedroom houses for sale/sold in UNIVERSITY FARM Subdivision near Purdue Research Park and Purdue University.

MARKET REPORT: 5 Bedroom homes sold in UNIVERSITY FARM in 2011

There were no 5 bedroom sales in University Farm in 2010 to compare.

*** Average sales price = $341,200

*** Median sales price = $350,000

*** $245,000 = LOW SALES PRICE

*** $410,000 = HIGH SALES PRICE

104 = Average Days on Market

39 = Median Days on Market

The LOW sales price of a 5 Bedroom home in UNIVERSITY FARM was EQUAL TO the MEDIAN SALES PRICE of all the 5 bedroom homes sold in West Lafayette in 2011!!!

3 Bedroom Homes sold in University Farm

4 Bedroom Homes sold in University Farm

The AVERAGE SALES PRICE of a UNIVERSITY FARM 5 bedroom home was 37% greater than the AVERAGE SALES PRICE OF A 5 Bedroom home in WEST LAFAYETTE within the West Lafayette School Corporation!

The MEDIAN SALES PRICE of a UNIVERSITY FARM 5 bedroom home was 42% higher than the MEDIAN sales price of a 5 Bedroom home in West Lafayette in the West Lafayette Community Schools!

University Farm is located close to the PURDUE RESEARCH PARK, three daycare centers, and is connected to the West Lafayette Exercise Trail System!

It is with the West Lafayette School Corporation and is minutes to Purdue University by vehicle or public transportation(CityBus)

Two parks are also located within UNIVERSITY FARM with ample play and excercise opportunities for families and pets!

WANT MORE INFORMATION ON UNIVERSITY FARM, other West Lafayette homes, or the surrounding Lafayette area?

Please contact Sharon and Bruce Walter at Keller Williams Real Estate in Lafayette, Indiana.

WE CAN HELP!!!

West Lafayette 4 Bedroom homes for sale/sold in UNIVERSITY FARM Subdivision close to Purdue Research Park and Purdue University in West Lafayette, Indiana.

MARKET REPORT: 4 bedroom homes sold in UNIVERSITY FARM Subdivision in 2011

Average and median sales prices for a 4 Bedroom house in University Farm were UP 2.5% over 2010.

2010 2011

Houses sold 15 14

Ave. sale price $252,566 $258,821

Med. sale price $245,000 $251,000

Ave. DOM 77 62

Med. DOM 24 39

HI sale $397,500 $332,000

LO sale $170,000 $176,500

DOM = Days on Market before an accepted offer.

University Farm is the flagship subdivision of newer housing in the award winning West Lafayette Community School Corporation, and is a great alternative to the stately, but sometimes dated homes in West Lafayette within walking distance to the Purdue University campus.

It is a very quick drive to the Purdue Research Park and Purdue University from University Farm; shopping and dining in West Lafayette is a few minutes away as well. It is easy to see why West Lafayette 4 bedroom home sale prices in University Farm are up 2.5% from last year in 2010.

The AVERAGE sales price of a 4 Bedroom home declined by 9% in the entire West Lafayette school system in the city of West Lafayette in 2011; median sales price declined by 4%

If you are thinking of selling your 4 Bedroom home in University Farm it is a good time to do so as average and median sales prices increased by 2.5% from 2010!

If you are thinking of purchasing a 4 bedroom home in West Lafayette that has held and even increased its value from 2010, UNIVERSITY FARM is a great place to be!

For more information on homes for sale in University Farm or in West Lafayette or the surrounding area, please contact Sharon and Bruce Walter to help you buy or sell your home.

WEST LAFAYETTE homes for sale/sold in UNIVERSITY FARM close to PURDUE RESEARCH PARK and PURDUE UNIVERSITY

MARKET REPORT: UNIVERSITY FARM Subdivision houses sold from January 1 through September 30, 2011

University Farm is located near the PURDUE RESEARCH PARK and is minutes by car to PURDUE UNIVERSITY and WEST LAFAYETTE dining and shopping.

There are TWO parks located within UNIVERSITY FARM and the subdivision is bordered to the west by West Lafayette Parks and Recreation's Cumberland Park, and the West Lafayette Community Schools Athletic Complex.

Cumberland Elementary School (K-3) is within easy walking distance for most University Farm homes.

3 Bedroom Homes sold

4 Bedroom Homes sold

5 Bedroom Homes sold

MARKET REPORT SUMMATION

*** 20 HOME SALES through the 3rd Quarter

*** Average sales price = $253,957.

*** Median sales price = $248,750

*** Average DAYS ON MARKET = 43 days

*** Median DAYS ON MARKET = 34 days

*** Average price per finished square foot = $89

Homes in University Farm are selling at a much faster pace than other homes in West Lafayette!!! Average DAYS ON MARKET for the West Lafayette School system is 77 days and homes in University Farm have averaged only 43 DAYS ON MARKET.

University Farm homes have a median DAYS ON MARKET of only 34 DAYS compared to 50 Days for the entire West Lafayette school system homes sold!!!

If you are looking for a home in UNIVERSITY FARM, West Lafayette, or the surrounding area please contact Sharon and Bruce Walter for more information. WE CAN HELP!!!