Edgelea and Crestview Heights Subdivisions – 2013 Market Update

Edgelea and Crestview Heights Subdivision is a decent sized subdivision that sits between Teal and Beck Lane in Lafayette Indiana. With over 28 homes that sold in 2013, it certainly is worth taking a close look at to better understand the Lafayette real estate market.

Edgelea and Crestview Heights Subdivisions – 2013 Real Estate Market Update

Edgelea and Crestview Heights subdivisions had a total of 28 homes that sold in 2013. Of those homes, the highest sales price was $86,500 with the lowest sales price being $32,000. The average sales price ended up being $57,622 with a median of $62,500.

This creates a very narrow price range, making it difficult to break up into different price ranges. With the average price being about $57,622, it’s easy to see that this is where the majority of the homes in this neighborhood are valued at.

RELATEDLafayette’s July Market Stats

The highest days on market was 486 days with a low of 6 days. The average days on market for Edgelea and Crestview Heights was 133 days with a median of 91 days.

So, what’s the bottom line for Edgelea and Crestview? Homes in this area is considerably lower than the typical average for our area. The days on market are also very high in comparison to our area’s average. The high rate of days on market indicates that homes in this area are typically overpriced. Push hard for a strong CMA from you’re buyer’s agent if you decide to purchase in Edgelea and Crestview Heights. This will help you know exactly what the home value really is worth.

If you are looking to find a home in this area, give us a call at 765-293-9110 or check out our specialized search for this area on our MLS search engine here.


Try out our housing search engine here. Thinking about selling your home? Then request a FREE comparative market analysis on your home to find out what it is worth!

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