MyMarketPulse (mymarketpulse.com) has unveiled its analysis for July 2024, focusing on the property market trends in Lafayette Parish, Louisiana.
The report shows that the Median Sale Price in Lafayette Parish reached $243,685 as of July 2024, marking a decrease of 2.5% over the previous month and a 5.0% drop compared to a year ago.
The region reported 276 home sales, marking an increase of 11.7% from the prior month, and 3.0% growth year-over-year.
The median time homes spent on the market was 54 days, which is up 6 days compared to last month and an increase of 20 days over the previous year.
The Market Pulse Score for Lafayette Parish comes in at 108, pointing to a rising trend within the local real estate market.
For more information about the Lafayette Parish, Louisiana market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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