Monday Market Snapshot - October 27, 2008
October 27th, 2008 - Categories: Dothan area Real Estate Market information, Inside the numbers
By: Charles Woodall
http://www.dothanhomesearch.com
| Homes on market | 1012 | DOWN |
| Median List price | $169,850 | DOWN |
| Avg $ per sq ft | $95.80 | DOWN |
| Avg days on market | 150 | UNCHANGED |
| Least expensive listing | $10,000 | UNCHANGED |
| Most expensive listing | $2,500,000 | UNCHANGED |
| Pending sales | 131 | UP |
| Sales last 7 days | 9 | UNCHANGED |
Takeaways
- The number of homes for sale in Dothan dropped slightly this week, after rising just over 3% since the first of October
- Median list price has dropped to its lowest level in since we started weekly tracking back in early July
- The number of pending sales is relatively steady, although the number of homes sold has been in the single digits for three weeks in a row
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