LGI Homes, Inc., The Woodlands, Tx. (Nasdaq:LGIH) on Thursday reported it closed 542 homes in September 2017, up from 363 home closings in September 2016, representing year-over-year growth of 49.3%.
The company also reported a record 1,729 closings for the third quarter of 2017 compared to 1,052 home closings in the third quarter of 2016, a 64.4% increase year-over-year.
LGI had 4,001 home closings during the first nine months of 2017, a 32.3% increase over 3,024 homes closed during the first nine months of 2016.
As of the end of September 2017, the Company had 77 active selling communities.