Will the pace of residential sales drop off in the last two months of this year? The number of pending sales reported for October seems to provide convincing evidence that they won’t. The number reported for October soared above the previous month by 14% and was up by 49% over October 2011. Leading the way were new construction pending sales which were up 116% over October 2011.
This representation is based in whole or in part on data supplied by the REALTOR Association of Acadiana Multiple Listing Service. Neither the Board nor its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board may not reflect all real estate activity in the marketplace.
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