by Lane Duplechin | Home Values, Market Update, Real Estate Expert
April 12, 2021 Summary: Market continues to remain strong.Sale prices and sale volumes are continuing to increase.Days on the market are showing significant declines.2021 has started strong. As most of you probably already know, the Lafayette Parish residential real...
by Lane Duplechin | Home Values, Market Update, Real Estate Expert
The Lafayette market has been very strong over the past 12 months. Even with a global pandemic, the housing market is strong. I have attached a few charts and graphs for my most recent Lafayette market update. They will show how the market has been performing over the...
by Lane Duplechin | Uncategorized
(NERD ALERT) I have been working with new software to develop more dynamic and interactive charts. You can click on data points within the chart to see the stats at that time or for a particular location. I have included a couple of preliminary charts. Feel free to...
by Lane Duplechin | Uncategorized
I’ve heard a lot of talk of inventory being low for the Acadiana Market Area lately. I was interested in finding out what the data is indicating the amount of inventory for our area. More specifically, I will focus on detached single-family housing for Lafayette...
by Lane Duplechin | Market Update, Uncategorized
New listings have started declining over the past several weeks. New pending properties have been stable, with the exception of two weeks ago. We have just seen the highest number of closed sales in one week since I have started tracking data on a weekly basis. The...
by Lane Duplechin | Market Update, St. Martin Parish
All of the metrics in the year over year data are moving in a favorable direction. Year to date data is indicating more of an unfavorable change than the year over year data. Although difficult to see, the red trend line is moving in a favorable direction. The red...
by Lane Duplechin | Uncategorized
Year over year data indicates that the values have declined approximately 3.0% for Iberia Parish Year to date shows most of the metrics are changing in a favorable direction. Year to date (Ending June 30th) the total number sales have declined in Iberia Parish Year to...
by Lane Duplechin | Uncategorized
The Lafayette Parish Housing Market Summary: It would seem likely that a global pandemic and a decline in the oil and gas industry would cause our real estate market to slow down dramatically. On the contrary, interest rates are now so low that they are offsetting...
by Lane Duplechin | Uncategorized
TAKEAWAYS: •The market is rebounding after the initial slow down from Covid19 •The number of new pending sales continue to rise on a weekly basis. They are now higher than pre-pandemic numbers •New closed sales are still down (especially for the month of May compared...
