LGI Homes Inc (LGIH) Reports February Home Closings As It Expands in Seattle Market

By Abdul Rahman | March 08, 2026, 11:51 AM

LGI Homes Inc (NASDAQ:LGIH) is among the best homebuilder stocks to buy according to hedge funds. On March 4, LGI Homes Inc (NASDAQ:LGIH) released its February 2026 home closings report. The company reported the closing of 247 homes in February 2026. As of February 28, LGI Homes had 140 active selling communities, the company said in the report.

​In its Q4 2025 report, which was released on February 17, LGI Homes said it closed 1,362 homes during that quarter and 4,685 homes in the full-year 2025. The average sales price per home closed in 2025 was $364,035.

​Looking ahead, LGI Homes expects 4,600 to 5,400 home closings in 2026. It projects average sales price per home closed in 2026 to be in the band of $355,000 to $365,000. The company achieved a gross margin of 20.7% in 2025, which it expects to remain broadly stable at 20% in 2026.

​LGI Homes exited 2025 with $61.2 million in balance sheet cash. It also had $273.6 million available under its revolving credit facility. That puts the company’s total liquidity at $334.8 million.

LGI Homes Inc (LGIH) Reports February Home Closings As It Expands in Seattle Market

​In other news, LGI Homes recently expanded its footprint in the Seattle market with the opening of Meadow Brook. It announced the opening of this new community in Puyallup, Washington on February 27. LGI Homes said the brook features upgraded homes and delivers housing opportunities in an area of high demand.

​LGI Homes Inc (NASDAQ: LGIH) designs, constructs, and sells homes in 21 states and 36 markets across the US. The company has closed more than 80,000 homes since its inception in 2003. It has also delivered profitable financial results every year. LGI Homes is headquartered in The Woodlands, Texas.

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