Monday Market Snapshot - December 1, 2008
December 1st, 2008 - Categories: Dothan area Real Estate Market information, Inside the numbers
By: Charles Woodall
http://www.dothanhomesearch.com
| Homes on market | 1001 | UP |
| Median List price | $166,900 | DOWN |
| Avg $ per sq ft | $95.93 | DOWN |
| Avg days on market | 161 | UP |
| Least expensive listing | $12,000 | UP |
| Most expensive listing | $2,500,000 | UNCHANGED |
| Pending sales | 112 | DOWN |
| Sales last 7 days | 8 | DOWN |
Highlights
- Pending sales are remaining steady, which is a good sign for late November/early December
- Homes sold last week were steady also, even though the week was shortened by Thanksgiving
- Median list price has fallen below $167,000, the lowest level since we started the weekly tracking in July
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