2018 Housing Market Update

Posted by Reynolds Bickerstaff on Wednesday, January 16th, 2019 at 5:14pm.

In this Housing Market Update we will compare 2017 vs 2018 statistics in Russell/Lee County, AL and Harris/Muscogee County, GA. As we compared the prior year to the current year we noticed the total number of homes sold increased 7% in Harris/Muscogee County and decreased .77% in Lee/Russell County. The total sales volume increased $48M in Harris/Muscogee County and increased $13M in Lee/Russell County. The average sales price increased only 3.36% in Harris/Muscogee County and increased 8% in Lee/Russell County. In prior years, property values were declining or flat in Alabama and this news should be encouraging to many property owners in Alabama.

To learn how the current market conditions are affecting your property, request a  FREE Home Evaluation, and our local expert REALTOR will contact you with the results. 

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