Our Market is Looking Pretty Great

.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; height: auto; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Selling your Lafayette home? Click here for a free Home Value Report Buying a home? Search all Homes for Sale We have been seeing some great signs in the Lafayette real estate market lately. Today we are going to run through the statistics for July and give you an update on those. July's market statistics look really good. We have seen a 7.5% increase in units, a 13.5% increase in dollar volume, and a huge increase in new construction. Another thing that's on the rise is our average sale price. It has gone up 5.5% and now sits at $268,500. Overall, our listing inventory is up 5% and new construction is down a little bit. Right now, we are looking at a 4.5 month supply of inventory on homes listed under a million. The most activity in our market, however, is seen in the $150,000- $300,000 price range, where there is about 3-4 months of inventory. Interest rates are still doing fantastic. A 30-year fixed rate can be had for 4% and 15-year fixed loans are even lower at about 3.375%. Overall, the market looks really strong and there is a lot of movement. If you have any questions for us, we would love for you to give us a call or send us an email. We would be happy to help out!

You can listen to Our Market is Looking Pretty Great online on Radio and Podcast. Open the player on this page to stream the available audio.

Our Market is Looking Pretty Great is an episode from Lafayette Real Estate Video Blog with Robbie Breaux by Robbie Breaux.

The episode duration depends on the source podcast feed and may not always be available.

This episode was published on Aug 21, 2015.

Yes. Use the heart button on the episode page to add it to your favorite episodes list.

Yes. This page shows related episodes from Lafayette Real Estate Video Blog with Robbie Breaux when more episodes are available from the podcast feed.