📊 Lafayette’s July 2025 Housing Market at a Glance
Hey Lafayette homeowners, it’s J. Ray, your favorite real estate agent, here with your August 2025 Market Report.
July 2025 brought 319 homes sold, marking a 2% increase compared to July 2024. While more homes are selling, they’re taking longer to move—71 days on average, which is 17% longer than last year.
The average sale price for July 2025 was $316,769, showing a 7% increase year-over-year and a 25% increase compared to pre-pandemic July 2019 levels.
🏠Inventory & Market Conditions
We currently have 1,228 active listings, a 2% increase from July 2024. While that’s good news for buyers, inventory is still 26% lower than in July 2019—meaning sellers still have a competitive advantage if they price their homes right.
đź’ˇ What This Means for Buyers & Sellers
For Buyers: More listings and stable interest rates make this a smart time to find a home before competition heats up further.
For Sellers: Demand is still strong, and with prices up 7% year-over-year, it’s a great time to sell—especially with the right marketing strategy.
📞 Let’s Talk About Your Real Estate Goals
Whether you’re buying, selling, or just curious about your home’s value, I’m here to help. Call me at 337-230-0664 for a no-obligation consultation.
Until next month, I’m J. Ray, your favorite real estate agent.