Monday Market Snapshot - November 3, 2008
November 3rd, 2008 - Categories: Dothan area Real Estate Market information, Inside the numbers
By: Charles Woodall
http://www.dothanhomesearch.com
| Homes on market | 1019 | UP |
| Median List price | $169,000 | DOWN |
| Avg $ per sq ft | $95.95 | UP |
| Avg days on market | 150 | UNCHANGED |
| Least expensive listing | $8,900 | DOWN |
| Most expensive listing | $2,500,000 | UNCHANGED |
| Pending sales | 117 | DOWN |
| Sales last 7 days | 21 | UP |
Takeaways
- The number of homes for sale in Dothan is back up this week, which is typical for this time of year
- Pending sales are down about 10% this week, which also is typical
- The number of homes sold and closed last week was up. The vast majority of real estate closings happen in the last week of the month
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