Home sales bounced back in August compared to July and reached 200 homes sold for Lafayette parish and 322 for Acadiana.
August home sales numbers look much better this year than they did last year. Again, we had the home buyer tax credit last year, which affected sales in the spring (on the up side) and the oil spill in the Gulf that likely affected sales in the summer months (on the down side). If anything, home sales may be returning to more “normal” levels.
There are currently 1252 homes available in Lafayette parish and 2394 in Acadiana, compared to 1266 and 2380 respectively last month.
As for pending home sales, there are currently 280 homes under contract in Lafayette parish and 464 in Acadiana. This is slightly down from 323 sales pending in Lafayette last month and 502 in Acadiana.
Originally Posted at: Lafayette Real Estate News