There are many great Lafayette area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (337) 267-4099 for a FREE home buying or selling consultation to answer any of your real estate questions.
The first two months of 2014 are almost identical to what numbers were like this time last year – which was the best year that Lafayette has ever seen. The market is currently swinging in favor of the sellers in which properties are moving fast and for high values. We are also noticing an influx in properties and this is something sellers need to take advantage of.
With the influx of inventory, buyers will also have more homes to choose from versus last year when there only a limited amount. Our current inventory levels remain at around 4.5-5 months and interest rates continue to hover around 4-4.5%, which we hope will stabilize as the year continues. Our average sales price is holding steady at $207,000 in comparison to $209,000 at this time last year. This change could be attributed to fewer higher price point homes selling. Overall, the market is rocking and is proving to be great for both buying and selling.
If you have any questions or are looking to buy or sell, feel free to give me a call or send me an email. Thanks and have a great day!
