Dothan Real Estate Market Report - February New Construction

By: Judy Spears
Broker Associate, CRS, ABR, GRI, CNHS

http://www.judyspears.com

The number of new homes started in February was up from January. Keep in mind that the 19 homes started will not be completed for at least three or four months, so they are not typically included in the inventory numbers you see posted here.

Here is the trend over the last twelve months.

March 2008 Dothan residential building permits short term

There are currently 230 new construction homes listed in the Dothan area MLS (broken down by price range below). This number is down from the past two months, which hopefully means that some old inventory is starting to move.

  • under $135,000 ? 43 listings
  • $135,000 to $200,000 ? 80 listings
  • $200,000 to $300,000 ? 57 listings
  • over $300,000 ? 50 listings

If you have an interest in building or purchasing a new construction home, give me a call or use the contact form. As a Certified New Homes Specialist (CNHS), I have extensive training in the new home market and would be happy to consult with you on your real estate needs.

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This entry was posted on Thursday, March 6th, 2008 at 10:24 am and is filed under Inside the numbers, New construction homes in Dothan. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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