I really feel like I am repeating myself. Pending home sales in Lafayette and Acadiana are still very high, even though we are entering the last month of the year, a time when real estate typically slows down.
Pending home sales in Acadiana have been hoovering at the 700 mark since March of this year. As of this morning, we have 702 sales pending in Acadiana and 480 in Lafayette parish. Most do not remember such numbers, especially in December, since the months following Katrina in 2005.
When we compare pending sales this year with those of last year in Lafayette parish, we can really see how good this year has been.
Last year at this time, we had 262 homes under contract in Lafayette parish. Today, there are 480, almost twice as many with no signs yet that things will slow down before the end of the year. We still have more sales pending in Lafayette parish than we had in all of Acadiana at this time last year (480 vs 420). What a year!
Meanwhile, inventory has been stable. There are 2197 homes for sale in Acadiana right now and 1162 in Lafayette parish, including 673 in the city of Lafayette. There are still many homes to choose from no matter what you budget is.
Give me a call today or email me to start your home search or simply click on the Search Home link here or at the top of this page.
Originally Posted at: Lafayette Real Estate News
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