Lafayette home sales dip in first quarter

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LAFAYETTE, La. (AP) – Home sales in Lafayette Parish were down 5 percent for the first three months of this year based on listings reported to the Realtor Association of Acadiana.

A market analysis prepared by Van Eaton & Romero Chief Executive Officer Bill Bacqué shows sales dropped from 675 to 644 when compared to the first quarter of 2013.

Bacqué tells The Advocate the dip is nothing he is overly concerned about, considering 2013 was the best year on record for the local market.

The report finds the median sales price for homes in Lafayette Parish was up 8 percent when compared to the first quarter of 2013, rising from $173,900 to $187,950.

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