Lafayette, Colorado Real Estate and Relocation Information

Lafayette had its origins with Mary Miller, an early settler, who owned the land on which the largest coal discovery in the area was found. She platted her 150-acre ranch and called it Lafayette after her late husband, Lafayette Miller. Coal mining led the local economy for 50 years until decline in the industry caused the town to languish.

It wasn’t until the boom in the metro area’s population in the 1990s and the flourishing of the northwest technology center along the Boulder Turnpike that Lafayette grew to what it is today, a sophisticated suburban community of 25,000+ with a charming Old Town main street, tree-lined residential areas, parks and abundant recreational opportunities, including the Indian Peaks Golf Course, a Hale Irwin Signature course, and the Coal Creek Golf Course in Louisville.

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Lafayette, Colorado Real Estate

• Lafayette real estate varies from modest ranch homes selling for close to $200,000 to lavish million dollar homes on the golf course. Average price is in the $350,000 range.
• Lafayette condos and townhomes start in the low $100,000s for a small one-bedroom, one-bath condo up to nearly $300,000 for a spacious three-bedroom, four-bath townhome. Average price for a condo or townhome is $184,000.

July 2008 Market Statistics

In metro Denver closed sales in July were 5,123 compared with 4,980 in July 2007, a 2.9% gain. The average selling price for the period was $262,224 compared to an average in July 2007 of $289,294, a percentage drop of 9.4. The median sale price for single-family homes was $229,200 compared with $255,000 in July 2007, for a drop of 10.1%. 969 condos and townhomes sold in July 2008, compared with 1,081 for the same period in 2007, a drop of 10.4%. Median prices for condos in July 2008 were $149,000 compared with $158,000 in July 2008, a drop of 5.7%. For single family houses, condos and townhomes the average number of days a house was on the market in July 2008 was 98, and in July 2007 was 95. The list to sale ratio was 97% in 2008 versus 98% in 2007. 25,673 houses are currently on the market and interest rates are still low. It’s a great time to buy in the Denver real estate market, but if you’re a seller you may want to wait till conditions improve.

Check out the current Market Conditions Report for further analysis.

Lafayette, Colorado Shopping and Restaurants

• Flatiron Crossing in nearby Broomfield provides many shopping opportunities. Dillard’s, Nordstrom’s and Macy’s anchor the indoor/outdoor mall, and 100+ specialty shops plus Borders Books and a 14 screen movie theater add to the shopping experience.
• For a small community, Lafayette boasts numerous restaurants. One of the best is Pulcinella Ristorante (Cannon and Public Road), which is a delightful new upscale Italian restaurant. Chef Tony Race spares no effort or expense to provide fine Italian dining. The best gorganzola cheese I’ve tasted to go with insalate spinaci. Moderately priced, lunch Monday through Friday; dinner all week till 10 p.m.
• Another restaurant not to miss is Moongate, an “Asian fusion” eatery with delectable food presented elegantly. The ambience is creatively charming.

Lafayette, Colorado Zip Codes

• 80026

Lafayette, Colorao Hospitals/Medical Centers

• Exempla Good Samaritan Medical Center

Lafayette, Colorado Weather

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