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.
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