Dothan real estate market - November Sales report
November 19th, 2008 - Categories: Buying a home in the Dothan area, Dothan area Real Estate Market information, Selling a home in the Dothan area
By: Charles Woodall
http://www.dothanhomesearch.com
For the fourth month in a row, Dothan single-family home sales outpaced same month figures from 2007. Data from the Dothan Multiple Listing Service (MLS) shows that 89 homes sold in the Dothan area in October, up slightly from last years 86. We talked about last quarter bucking the national trend, and the last quarter of 2008 has started the same way.
After dropping significantly earlier in November, the number of pending sales is up slightly this week. Pending sales are a good indicator of future activity, so any movement upward is a welcome sight. There are currently 114 sales pending in the Dothan MLS.
Year-to-date, Dothan area home sales are running about 10% behind last year, with numbers comparable to 20032004 sales.
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, 3347936990, or on my cell, 3345960808. Im 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?
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