December was a great month for home sales in Acadiana and in Lafayette parish. In the parish, more homes sold in December than in November or October. This may be a sign of great things to come for this beginning of 2012.

Lafayette real estate market statistics for 2011If we look at home sales in Lafayette parish for 2011 when compared to 2010, we see the same trend up towards the end of the year. There were fewer home sales in Lafayette parish in 2011 (2134 vs 2265 in 2010), however, the average sale's price was up from $192,794 to $199,849.

Lafayette parish home sales comparing 2011 to 2010In Acadiana as a whole, there were 16 more home sales in 2011 than in 2010 (3357 vs 3341) and the average price was very slightly up: $168,673 in 2010 to $168, 877 in 2011. Home sales in volume were up by about $3,5 Million in 2011.

Inventory is down to begin 2012. This is a good time for sellers to list as there is less competition out there and plenty of buyers looking. The black column shows inventory in Acadiana while the white is inventory in Lafayette parish.

Available homes in Lafayette and Acadiana are lower to begin 2012There are currently 432 home sales pending in Acadiana and 273 in Lafayette parish.

Originally Posted at: Lafayette Real Estate News

 

 

 

2 Comments on Real Estate Market Report for Lafayette, LA and Acadiana - 2011 in Review

JAN
20
2012

Looking forward to 2012! Thanks for this info.

Coby Hebert
Keaty Real Estate Co.
www.cobyhebert.com 
Coby
12:54am • #1
JAN
23
2012
185,414 Points 4 Featured Posts Outside Blog Attended Rain Camp

Thank you Coby. Hope you have a great 2012, too!
3:02pm • #2


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Dr. Chantal Saucier, Lafayette Area Real Estate

Lafayette, LA

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Keller Williams Realty Acadiana

Address: 900 South College, Suite 100, Lafayette, LA, 70503

Office Phone: (337) 735-9334

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