Dothan Real Estate Market Report – December New Construction

By: Judy Spears


http://www.judyspears.com

There were only 15 new construction permits issued in November for new homes in Dothan, but that is a full 50% higher than November of 2007. The typical winter slowdown of new homes being built is evident, but the numbers being higher than last year is certainly a positive sign.

November 2008 Dothan residential building permits short term

The number of new homes for sale in the Dothan real estate market moved up during November. As of this morning, there are 230 new construction homes listed in the Dothan MLS, up from 215 last month.

There were 12 sales of new construction homes in November, with an average price per square foot of $102.28 and average days on the market of 179 days. Price per square foot was down, which likely means last months big jump was an anomaly.

If you have an interest in building or purchasing a new construction home, give me a call or use the contact form. As a Certified New Homes Specialist (CNHS), I have extensive training in the new home market and would be happy to consult with you on your real estate needs.

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