Monday Market Snapshot – November 24, 2008

By: Charles Woodall


http://www.dothanhomesearch.com

Homes on market 994 DOWN
Median List price $169,800 UP
Avg $ per sq ft $96.48 UP
Avg days on market 159 UP
Least expensive listing $8,900 DOWN
Most expensive listing $2,500,000 UNCHANGED
Pending sales 114 UNCHANGED
Sales last 7 days 9 UP

Highlights

  • The number of homes for sale in Dothan dropped significantly last week, down below 1,000 for the first time since early October
  • Pending sales held steady at 114, which is a good sign
  • Days on market are rising steadily

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