Rising home values for Louisville and Lafayette

We all know that Louisville and Lafayette are wonderful communities and a great place to live. They both have vibrant downtown areas, excellent schools, lots of open space and more recreational opportunities than you can ever hope to do on a weekend. If you live here you probably also know your home value has been climbing lately. But would you have guessed by 30-40%?Louisville Home Values Rise

Yes, its true. NerdWallet, a consumer website set out to rank cities with the biggest increase in home values since the big depression of 2009. They discovered Louisville had a 41.17 percent increase in overall home values and Lafayette had a 31.39 percent increase.

NerdWallet utilized median home value data from Zillow for January 2009 and December 2014 and found the percent change over those years for home values in each city. The top 10 cities on the list are all in California and Florida and clustered around two specific areas – Silicon Valley and Miami.

But if you scroll down just five more slots you’ll see Louisville, CO sitting at #15 and Lafayette a little further down the list at #50. Here’s how the stats worked out:

 

Jan ’09 median home price Dec ’14 median home price % change in overall home prices
Louisville $314,300 $443,700 41.17%
Lafayette $236,700 $311,000 31.39%

Other Colorado cities to make the top 50 list are:  Englewood (No. 22), Aurora (27), Denver (30), Centennial (32), Thornton (34), and Wheat Ridge (40). You can see the full listing at: http://www.nerdwallet.com/blog/cities/cities-fastest-increasing-home-values/

If you are interested in buying or selling a home in Louisville or Lafayette, we would love the opportunity to work with you.  Jeff has been named 5280 magazine’s 5 Star Realtor for five years in a row and we know the Boulder Valley market inside and out. Please feel free to give Jeff a call at 303-579-1617 or send him a message at [email protected].

 

 

 

 

I am a Boulder County real estate specialist. Over the past three years, I have earned the distinction of being named a 5280 Five Star Realtor. This puts me in the top 7% of all Realtors in the Denver Metro Area for customer satisfaction. If you would like to schedule a buyer or seller meeting with me, please feel free to call me at 303-579-1617 or contact me by email.

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