Lafayette Parish Market Update!

Takeaways: •The market is rebounding after the initial slow down •The number of new pending sales is similar to pre-pandemic numbers •New closed sales are still down, but this should change in the weeks to come •The median sales price is improving year over year •Year...

EXTERNAL INFLUENCES IN AN APPRAISAL

A positive external influence in Lafayette Parish is having a property with water frontage. Typically when homeowners talk about the characteristics that affect the value of their home, they are referring to the physical features of the home. Such features include...
LAFAYETTE PARISH MARKET ANALYSIS UPDATE

LAFAYETTE PARISH MARKET ANALYSIS UPDATE

February 6, 2020: An updated look at the Lafayette Parish Market indicates the market is still stable; however, slight changes are being observed. Was January a busy month for you?  Based on the number of properties sold, it most likely was for Realtors and...