The $8,000 Tax Credit is real, and it’s spectacular!
July 28th, 2009 - Categories: Buying a home in the Dothan area
By: Charles Woodall
Associate Broker
http://www.dothanhomesearch.com
Time is running out though.
Right now, first-time homebuyers can get up to a $8,000 tax credit when they close on their home before December 1. When they fill out their tax return for 2009, they will get the money in their tax refund check.
It is possible however to get the money now. We had a first time home buyer close on their new home back in June and then file an amended 2008 tax return. They received their check less than a month later.
Get all the details HERE
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Monday Market Snapshot – July 27, 2009
July 27th, 2009 - Categories: Dothan area Real Estate Market information, Inside the numbers
By: Charles Woodall
Associate Broker
http://www.dothanhomesearch.com
| Homes on market | 1103 | DOWN |
| Median List price | $159,000 | DOWN |
| Avg $ per sq ft | $91.95 | DOWN |
| Avg days on market | 167 | UNCHANGED |
| Least expensive listing | $6,600 | - |
| Most expensive listing | $1,950,000 | - |
| Pending sales | 178 | DOWN |
| Sales last 30 days | 85 | UP |
Median list price and dollars per square foot for sold homes continues to edge downward
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603 Covey Circle, Dothan, AL, 36305, Quail Run
July 22nd, 2009 - Categories: CENTURY 21 Homes for Sale in Dothan
By: Judy Spears
Broker Associate, CRS, ABR, GRI, CNHS
http://www.judyspears.com
| 133295, Quail Run, 36305, Dothan, AL, Rehobeth |
| Listing Price: | $79,603 |
| Listing Broker: | Century 21 Key Realty |
| Contact: | CENTURY 21 Key Realty, (334) 793-6990 |
| Keywords: | Active Listing, AL, Dothan, 36305, Modular Home, Quail Run, Rehobeth, 3 Bedroom, <$100K, Covered Parking, Century 21 Key Realty |
| Similar Listings: | Search For Similar Listings |
| Show Map: | Map Listing 133295 |
Listing Overview |
|
|---|---|
| List Price: | 79603 |
| MLS Number: | 133295 |
| Public Remarks: | Move in ready, plus lots of extras. Permanent foundation with stucco base, covered back deck, 1 car attached garage(lots of storage), all underground utilities, termite bond and much more. King size bed set, Kitchen table/chairs plus washer and dryer all to remain. Info per owner/tax records, buyer/buyer agent to satisfy self on all info. |
| Bedrooms: | 3 |
| Full Baths: | 2 |
| Half Baths: | 0 |
| Apx Total SqFt Range: | 1120 |
Listing Detail |
|
|---|---|
| Property Type: | M |
| Apx Acreage: | 0.5 |
| Apx Year Built: | 1998 |
| Lot Size: | 85×175×105×126 |
| Other Rooms: | Laundry-Inside, Living/Dining Combo |
Location |
|
|---|---|
| Subdivision: | Quail Run |
| County: | Houston |
| City: | Dothan |
| Zip Code: | 36305 |
| State: | AL |
School Information |
|
|---|---|
| High School: | Rehobeth |
| Middle School: | Rehobeth |
| Elementary School: | Rehobeth |
Construction |
|
|---|---|
| Patio/Porch: | Deck, Porch-Covered |
| Fireplace: | None |
| Exterior: | Vinyl |
| Floors: | Carpet, Vinyl |
| Garage/Carport: | 1 Car |
| Currently No Comments »
202 Hill Street, Dothan, AL, 36303, Cloverdale
July 22nd, 2009 - Categories: CENTURY 21 Homes for Sale in Dothan
By: Delaine McCallister
REALTOR Associate, GRI
http://www.dothanhomesearch.com
| 133302, Cloverdale, 36303, Dothan, AL, Dothan |
PRICE REDUCED
| Listing Price: | $105,000 |
| Listing Broker: | Century 21 Key Realty |
| Contact: | CENTURY 21 Key Realty, (334) 793-6990 |
| Keywords: | Active Listing, AL, Dothan, 36303, Single Family, Cloverdale, Dothan, 4 Bedroom, $100Ks, Covered Parking, Century 21 Key Realty |
| Similar Listings: | Search For Similar Listings |
| Show Map: | Map Listing 133302 |
Listing Overview |
|
|---|---|
| List Price: | 105000 |
| MLS Number: | 133302 |
| Public Remarks: | GREAT PRICE! For this Well Maintained home in the Cloverdale Subdivision. A Must to see. Four bedroom, three bath home with separate living room and dining room gas fireplace in living room and den. Eat in kitchen. Office area upstairs. Has a nice large deck. Storage building in back yard. Lots of storage area. Very roomy and a nice yard. |
| Bedrooms: | 4 |
| Full Baths: | 3 |
| Half Baths: | 0 |
Listing Details |
|
|---|---|
| Property Type: | R |
| Style: | Traditional |
| Apx Total SqFt Range: | 2337 |
| Apx Acreage: | 0 |
| Lot Size: | 00 |
Location |
|
|---|---|
| State: | AL |
| County: | Houston |
| City: | Dothan |
| Zip Code: | 36303 |
| Subdivision: | Cloverdale |
School Information |
|
|---|---|
| High School: | Dothan |
| Middle School: | Beverly |
| Elementary School: | Cloverdale |
Construction |
|
|---|---|
| New Construction: | False |
| Apx Year Built: | 1957 |
| Patio: | Deck, Porch-Covered, Porch-Screened |
| Pool: | None |
| Fireplace: | 2, Gas, In Family Room, In Living Room |
| Exterior: | Brick |
| Floors: | Carpet, Tile, Vinyl |
| Garage/Carport: | 3 Car, Attached Carport |
| Other Rooms: | Den, Laundry-Outside, Library/Office, Living/Dining Combo, Storage Room |
| Currently No Comments »
7458 S Park, Dothan, AL, 36301, Na
July 21st, 2009 - Categories: CENTURY 21 Homes for Sale in Dothan
By: Judy Spears
Broker Associate, CRS, ABR, GRI, CNHS
http://www.judyspears.com
| 133231, Na, 36301, Dothan, AL, Rehobeth |
SALE CLOSED
| Listing Price: | $94,963/td> |
| Listing Broker: | Century 21 Key Realty |
| Contact: | CENTURY 21 Key Realty, (334) 793-6990 |
| Keywords: | Active Listing, AL, Dothan, 36301, Single Family, Na, Rehobeth, 3 Bedroom, <$100K, Covered Parking, Century 21 Key Realty |
| Similar Listings: | Search For Similar Listings |
| Show Map: | Map Listing 133231 |
Listing Overview |
|
|---|---|
| List Price: | 94963 |
| MLS Number: | 133231 |
| Public Remarks: | Great home for a family that is country at heart! Rural area, close to things you need and Rehobeth schools. Home has been updated and is move in ready!!! Roof is aprox. 2 years, updated wiring, plus work shop/garage for the man of the home. Buyer Agent/Buyer to satisfy self and all info per owner/tax records. Owner is licensed Realtor. |
| Bedrooms: | 3 |
| Full Baths: | 2 |
| Half Baths: | 0 |
Listing Details |
|
|---|---|
| Property Type: | R |
| Style: | Ranch Rambler |
| Apx Total SqFt Range: | 1375 |
| Apx Acreage: | 0.5 |
| Lot Size: | 105×210 |
Location |
|
|---|---|
| State: | AL |
| County: | Houston |
| City: | Dothan |
| Zip Code: | 36301 |
| Subdivision: | NA |
School Information |
|
|---|---|
| High School: | Rehobeth |
| Middle School: | Rehobeth |
| Elementary School: | Rehobeth |
Construction |
|
|---|---|
| New Construction: | False |
| Apx Year Built: | 1968 |
| Patio: | Porch-Covered |
| Pool: | None |
| Fireplace: | None |
| Exterior: | Vinyl |
| Floors: | Tile, Laminate |
| Garage/Carport: | 3 Car, Detached Garage |
| Other Rooms: | Laundry-Inside |
| Currently No Comments »
968 Persimmon, Dothan, AL, 36303, Stough
July 21st, 2009 - Categories: CENTURY 21 Homes for Sale in Dothan
By: Harry Reeves
REALTOR Associate
http://www.dothanhomesearch.com
| 133239, Stough, 36303, Dothan, AL, Northview |
SALE CLOSED
| Listing Price: | $13,900 |
| Listing Broker: | Century 21 Key Realty |
| Contact: | CENTURY 21 Key Realty, (334) 793-6990 |
| Keywords: | Active Listing, AL, Dothan, 36303, Duplex, Stough, Northview, 4 Bedroom, <$100K, Century 21 Key Realty |
| Similar Listings: | Search For Similar Listings |
| Show Map: | Map Listing 133239 |
Details |
|
|---|---|
| # Stories: | 2 Story |
| Agent ID: | 67 |
| Apx Acreage: | 0.11 |
| Apx Age: | 10+ yrs |
| Apx Total SqFt Range: | 1960 |
| Apx Year Built: | 1930 |
| Bedrooms: | 4 |
| City: | Dothan |
| County: | Houston |
| Elementary School: | Girard |
| Exterior: | Vinyl |
| Floors: | Carpet, Vinyl |
| Full Baths: | 2 |
| Garage/Carport: | None |
| Half Baths: | 0 |
| High School: | Northview |
| List Price: | 13900 |
| Lot Size: | 30×120×45×15×60 |
| Middle School: | Honeysuckl |
| MLS Number: | 133239 |
| New Construction: | False |
| Office ID: | 16 |
| Pool: | False |
| Property Type: | D |
| Public Remarks: | Idea property for investors. This is a duplex with each unit have 2br-1ba’s in each unit. Each unit has 980 sq.ft. and both units have nice wood decks on the rear of property. Both units do need repair work such as interior paint, flooring, kitchen cabinets, counters and appliances. Both units have lot’s of possibilities for income producing properties. Let your investors know. |
| State: | AL |
| Street #: | 968 |
| Street Name: | Persimmon |
| Subdivision: | Stough |
| Zip Code: | 36303 |
| MLS Number: | 133239 |
| List Price: | 13900 |
| Bedrooms: | 4 |
| Full Baths: | 2 |
| Apx Total SqFt Range: | 1960 |
| Currently No Comments »
1303 Choctaw, Dothan, AL, 36303, Tidwell
July 21st, 2009 - Categories: CENTURY 21 Homes for Sale in Dothan
By: Harry Reeves
REALTOR Associate
http://www.dothanhomesearch.com
| 133287, Tidwell, 36303, Dothan, AL, Northview |
SALE CLOSED
| Listing Price: | $118,500 |
| Listing Broker: | Century 21 Key Realty |
| Contact: | CENTURY 21 Key Realty, (334) 793-6990 |
| Keywords: | Active Listing, AL, Dothan, 36303, Single Family, Tidwell, Northview, 3 Bedroom, $100Ks, Covered Parking, Century 21 Key Realty |
| Similar Listings: | Search For Similar Listings |
| Show Map: | Map Listing 133287 |
Listing Overview |
|
|---|---|
| List Price: | 118500 |
| MLS Number: | 133287 |
| Public Remarks: | A different style home with alot of character, makes this home a must see. The home has nice hardwood floors in a large sep. dining area. There’s a very cozy living room with a wood burning fireplace which has a fireplace insert, which can be removed. In the kitchen area you have ceramic tile floors and countertops, plus a breakfast area. All the appliances to remain with home. |
| Bedrooms: | 3 |
| Full Baths: | 1 |
| Half Baths: | 1 |
Listing Details |
|
|---|---|
| Property Type: | R |
| Style: | Spanish |
| Apx Total SqFt Range: | 1824 |
| Apx Acreage: | 0.43 |
| Lot Size: | 100 x 188 |
Location |
|
|---|---|
| State: | AL |
| County: | Houston |
| City: | Dothan |
| Zip Code: | 36303 |
| Subdivision: | Tidwell |
School Information |
|
|---|---|
| High School: | Northview |
| Middle School: | Girard |
| Elementary School: | Highlands |
Construction |
|
|---|---|
| New Construction: | False |
| Apx Year Built: | 1960 |
| Patio: | Slab |
| Pool: | None |
| Fireplace: | 1, In Living Room, Insert |
| Exterior: | Stucco |
| Floors: | Carpet, Tile, Wood |
| Garage/Carport: | 2 Car, Attached Carport |
| Other Rooms: | Laundry-Inside |
| Currently No Comments »
Dothan real estate market – July 2009 Sales report
July 21st, 2009 - Categories: Dothan area Real Estate Market information, Selling a home in the Dothan area
By: Charles Woodall
Associate Broker
http://www.dothanhomesearch.com
Ok, Ok…I know this month’s Dothan home sales report is a week or so late. I have been busy doing other things for the last month or so. That is certainly no excuse, but here are the belated numbers for June.
June was a good month. In fact, we had more homes sold in June than any month so far this year. The numbers are still down significantly from last year, comparing month-to-month sales. Year-to-date, home sales in the Dothan real estate market are lagging over 26% behind 2008 numbers.
Pending sales numbers have remained steady over the past several weeks. There are currently 182 homes marked as pending in the Dothan MLS, the most at any one time since last summer. The number of homes listed in pending status is a good indication of sales activity in the next 30–60 days.
The truth is that for any meaningful change in the state of the Dothan real estate market to take place, we are going to have to lose some inventory. There are just too many houses on the market right now.
Median price so far in 2009 has been just under $130,000, which is down three to four percent from the final 2008 number. Hopefully, we won’t need to see any further erosion of prices before an upswing begins. Time will tell. One thing is for sure, we won’t know until several months after it has already happened that the bottom has been reached.
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Monday Market Snapshot – July 20, 2009
July 20th, 2009 - Categories: Dothan area Real Estate Market information, Inside the numbers
By: Charles Woodall
Associate Broker
http://www.dothanhomesearch.com
| Homes on market | 1105 | UP |
| Median List price | $159,900 | DOWN |
| Avg $ per sq ft | $92.31 | DOWN |
| Avg days on market | 167 | DOWN |
| Least expensive listing | $6,600 | - |
| Most expensive listing | $1,950,000 | - |
| Pending sales | 182 | UNCHANGED |
| Sales last 30 days | 79 | UP |
The number of homes for sale in and around Dothan moved right back up over 1100 this week after falling for four weeks in a row. Median list price and average price per square foot were down.
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Dothan Real Estate Market – July 2009 Inventory Report
July 15th, 2009 - Categories: Dothan area Real Estate Market information, Inside the numbers
By: Charles Woodall
Associate Broker
http://www.dothanhomesearch.com
Are we finally seeing a move to clear some of the glut of homes on the market here in the Dothan area? Maybe so. The number of houses listed in the Dothan MLS for sale is down almost 5% from the all-time high last month. Hopefully, this trend will continue and we will get back to a more neutral market.
Absorption rate
The decrease in homes on market has helped the absorption rate remain steady this month. The current rate is 14.22 months, which means if no more homes came on the market, it would take over a year and two months to sell everything that is currently listed, based on the current rate of homes sold. A neutral market would have an absorption rate in the 5–7 month range.
Here are inventory and absorption rate numbers for different areas around Dothan.
| Sold | Active | Absorption | |
| Area | May/June | 7/15/2008 | Rate (months) |
| Dothan (northwest) – Midland City | 24 | 185 | 15.4 |
| Dothan – Southwest | 50 | 336 | 13.4 |
| Dothan – Northeast | 8 | 42 | 10.5 |
| Dothan – Southeast | 12 | 144 | 24 |
| Headland | 7 | 53 | 15.1 |
| Rehobeth – Taylor | 12 | 68 | 11.3 |
| Wicksburg – Pinckard – Newton | 8 | 25 | 6.25 |
| Slocomb – Hartford – Geneva County | 4 | 35 | 17.5 |
| Abbeville – Newville | 4 | 26 | 13 |
| Ashford – Cottonwood – Gordon | 9 | 48 | 10.6 |
| Columbia – Webb – Kinsey | 2 | 34 | 34 |
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