Lafayette Parish Real Estate Trends by Lane Duplechin | Sep 15, 2020 | 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 weekly median sales prices have remained stable. Year over year metrics continues to show favorable results. Month over month metrics (August 2019 vs 2020) is showing favorable results. Year to date metrics are showing favorable results. The number of closed sales has increased by 11% from 2019. Sales volume for 2020 is much higher than prior years. The number of sold properties has increased by 17% in August 2020 compared to August 2019. Sales volume remains high in August 2020.