Last month, 126 homes were sold across the city according to the Abilene Board of Realtors. That's nine more homes sold than December of 2007. The figures may not be a meteoric rise, but they represent growth in a national market plagued by double-digit declines.
National figures also highlight double-digit price declines in home values. In December 2007, the average price of a home sold in Abilene was $118,274. This past month, the average price was $125,376. The change shows that either people are spending more money or home prices are on the rise.
Either way, it's good economic news in a troubled economy.