I think we can safely say that most of the numbers are in for August. Needless to point out that Isaac disturbed our home sale numbers. The end of the month is when many sales occur and some of the closings that were scheduled for last week got pushed into September.
And while sales were down for August compared to July, the number of pending sales in the area is still very high. September sales should be good.
At this time last year, there were only 295 home sales pending in Lafayette parish and 513 in all of Acadiana. What a difference a year can make! The graph below shows numbers in Lafayette parish this year vs last year.
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Originally Posted at: Lafayette Real Estate News