06/17/2026
Closed sales were up a whopping 0.9% for the month of May in Lafayette Parish, with sales up for the year 6.5%.
Dollar volume is up 5.6% month over month and 11.1% year to date.
The new listings are down nearly 11%, decreasing the amount of homes people have to choose from for the month of May.
Homes coming off the market or pending sales were down 7%
But what's interesting is we got great news on Monday with a preliminary agreement in place for the US and Iran, which bodes very well for mortgage rates to decline over the next several months.
It's not officially signed, but things will continue to look up for the Lafayette Real Estate market.
If you're interested in finding out what your equity position looks like, shoot me a DM.