What’s Happening in the Lafayette Commercial Market?
Hey Lafayette investors and business owners! J. Ray with Keaty Real Estate here, bringing you your Lafayette commercial real estate market update for February 2025. Whether you’re looking to buy, sell, or invest, staying on top of the latest market trends is key to making smart financial decisions. Let’s take a closer look at how the commercial market performed last month.
January 2025 Market Highlights
🏢 Commercial & Multi-Family Properties Sold: 27 (15% increase from January 2024)
📆 Average Days on Market: 123 days (2% decrease from last year)
🏗️ Active Listings: 426 (Up 10% from January 2024, but still 15% lower than January 2019)
Note: The recent snowstorm slowed down market activity for about a week, which impacted sales volume and property movement.
What This Means for Commercial Buyers 🏢
If you’re looking to purchase commercial, now is a great time to explore your options!
✅ More Listings = More opportunities to find the right property for your business or investment portfolio.
✅ Slightly Shorter Days on Market = Increased demand for commercial properties.
✅ Stable Interest Rates = A favorable lending environment compared to previous fluctuations.
Now is a prime opportunity to secure a solid commercial asset before demand drives prices higher.
What This Means for Sellers 📈
If you’re considering selling your commercial property in Lafayette, the market remains strong and competitive.
✔️ Increased buyer activity means properties are moving, but pricing strategically is key.
✔️ More inventory is coming onto the market, meaning your listing needs to stand out with strong marketing and professional representation.
✔️ Multi-family properties remain in high demand, making this a great time to capitalize on investment property sales.
Looking Ahead to 2025 – What to Expect?
With inventory rising and buyer activity increasing, Lafayette’s commercial real estate market is poised for continued growth. Business owners, investors, and developers should take advantage of the current market conditions before competition intensifies.
📞 Thinking about buying or selling? Call me, J. Ray, at 337-230-0664 to strategize your next move!
Until next month, I’m J. Ray, your favorite real estate agent!
Let’s Connect!
Whether you’re looking to expand your business, invest in multi-family properties, or sell your commercial real estate, now is the time to make your move! Call J. Ray at 337-230-0664 today for expert guidance in the Lafayette commercial real estate market.
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