Dothan real estate market - September Sales report
September 19th, 2008 - Categories: Buying a home in the Dothan area, Dothan area Real Estate Market information, Inside the numbers, Selling a home in the Dothan area
By: Charles Woodall
Managing Broker
http://www.dothanhomesearch.com
For the second month in a row, Dothan area homes sales were up compared to numbers from 2007. A total of 106 homes sold in August, compared to 103 last year. Fall is typically a slow down time, so I don’t expect this trend to continue.
The number of pending home sales has been fairly stable over the past couple of months, running at about the 150 mark. Pending sales are the best indicator of future activity, and usually correlate closely with sales figures 30–60 days out.
Year-to-date, Dothan area home sales are running about 10% behind last year, with numbers comparable to 2003–2004 sales.
I’ll have a report on inventory and absorption rates next week.
If you are reading this and wondering if it is a good time to buy or sell a home in Dothan, then we need to talk. Pick up the phone and call me at the office, 334–793–6990, or on my cell, 334–596–0808. I’m not going to give you a hard sell or anything like that, we will just talk about your situation and try to figure out what is best for you right now. Sound fair?
Possibly Related Posts
- Dothan Real Estate Market - February Inventory Report
- Dothan Real Estate Market - October Inventory Report
- Dothan Real Estate Market Report - September New Construction
This entry was posted on Friday, September 19th, 2008 at 11:29 am and is filed under Buying a home in the Dothan area, Dothan area Real Estate Market information, Inside the numbers, Selling a home in the Dothan area. 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.
