Monday Market Snapshot – November 9, 2009

By: Charles Woodall


http://www.dothanhomesearch.com

Homes on market 1100 UP
Median List price $159,900 UNCHANGED
Avg $ per sq ft $93.03 DOWN
Avg days on market 164 DOWN
Least expensive listing $21,000 -
Most expensive listing $1,950,000 -
Pending sales 158 DOWN
Sales last 30 days 81 DOWN

The number of homes for sale in and around Dothan is back at the 1100 mark for the first time since July. Both pending sales and homes sold in the last 30 days are dropping. As you can see from the graphs below, this is the opposite of what was happening this time last year, as well as the trend over the last few months.

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