The number of new residential building permits indicates the number of new home permits authorized by the local planning commission each year. This statistic represents the number of new homes built in Lafayette in a given year.

The value of new residential permits indicates the total dollar value of new residential construction.

The number of new commercial building permits indicates the number of new commercial permits authorized by the local planning commission each year. This statistic represents the number of new commercial buildings built per year in Lafayette City and the unincorporated areas of the parish (permits for each municipality must be obtained from those specific municipal governments).

The value of commercial permits shows the total dollar value of new commercial projects.

The average sales price for a single-family residential home statistic represents the average price of a single-family home sold by a realtor in Lafayette Parish. The data is not all-inclusive, but since an overwhelming majority of the homes sold in Lafayette Parish are sold by realtors, it is reflective of current price trends.

A sampling, representative of approximately 40 apartment complexes in the Lafayette area, provides us with a snapshot indicating the percentage of unoccupied apartments available for use. This information was provided to LEDA by the Acadiana Apartment Association. To contact the Acadiana Apartment Association directly, call (337) 993-3354. Note: 2006 data represents 3rd quarter figures