Dothan Real Estate Market Report - June New Construction
June 9th, 2008 - Categories: Inside the numbers, New construction homes in Dothan
June 9th, 2008 - Categories: Inside the numbers, New construction homes in Dothan
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.

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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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.
[…] Business Journal - New home starts hit 17-year low - Similar stats here in Dothan from earlier this week, although not quite so […]