Monday Market Snapshot - November 10, 2008
November 10th, 2008 - Categories: Dothan area Real Estate Market information, Inside the numbers
By: Charles Woodall
http://www.dothanhomesearch.com
| Homes on market | 1031 | UP |
| Median List price | $168,000 | DOWN |
| Avg $ per sq ft | $95.71 | DOWN |
| Avg days on market | 152 | UP |
| Least expensive listing | $8,900 | DOWN |
| Most expensive listing | $2,500,000 | UNCHANGED |
| Pending sales | 107 | DOWN |
| Sales last 7 days | 5 | DOWN |
Takeaways
- Inventory is up sharply in the last 60 days; 50 units in just the last 30 days
- Pending sales are edging downward, typical for this time of year
- Median price and price per square foot are trending downward as well
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