Lee County home sales during November hit the highest mark for the month since November 2007.
Click here to read the Alabama Center for Real Estate’s full Lee County Residential Report
The graph above shows 121 homes sold during the month, a 36 percent increase from 89 homes that were sold in Lee County a year ago. This was also a 22 percent increase from the month of October.
Click here for a snapshot of the Lee County area
Home sales through the month of November totaled 1,604, a 9.5 percent increase over the same period last year.
As home sales increase, inventory in the area continues to fall, dropping from 579 a year ago, to 436 this November.
Click here to read ACRE’s full Lee County Residential Article at Alabama Newscenter
