Dothan Real Estate Market Report – June 2009 New Construction
June 9th, 2009 - Categories: Inside the numbers, New construction homes in Dothan
By: Judy Spears
http://www.judyspears.com
After a sharp increase in home starts in April, the number of permits issued for new construction homes was down to just 17 in May. That number is also down from the 23 issued in May of last year. Year-to-date, new home permits issued are down nearly 27% from the same time period in 2008.
The number of new construction homes for sale around Dothan has dropped to 236 as of this morning, down from 257 houses listed last month. However, there were only 10 sales of new construction homes in May, with an average price per square foot of $101.33, and average days on the market of 160 days. That is another drop in price, and a slightly lower number of days on market.
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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