Dothan Real Estate Market Report - June New Construction

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

http://www.judyspears.com

Well, the jump in new home starts here in the Dothan real estate market was short lived. Last month we had a big increase. This month the number was right back down again. There were 23 new residential construction permits issued in May, down from 37 in April.

Here is the trend over the last twelve months.

June 2008 Dothan residential building permits short term

Inventory of new construction homes on the market remains steady. There are currently 224 listed in the Dothan area MLS, the same number as last month.

What will next month hold?

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 Monday, June 9th, 2008 at 6:36 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.

  1. Steve

    The market has been mixed in many areas recently. Here in Pensacola (not in your backyard, but not far away either), we have experienced a recent increase in market activity. Of 19 metropolitan areas researched in Florida for the first quarter of 2008, Pensacola came out on top with the highest increase in sales for the state. Pretty encouraging considering that Escambia County is also the poorest county in the state.

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