Dothan Real Estate Market Report – October 2009 New Construction

By: Judy Spears


http://www.judyspears.com

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New home sales around Dothan have been steady for the last couple of months.There were 40 new construction homes sold in September and October combined, which is only slightly less than the 44 sold last year in the same two month period. The number of new homes on the market has also remained steady after dropping about 16% in August.

 Dothan new construction market Nov 09

The number of new construction homes for sale around Dothan has dropped to 178 homes, which is the lowest level since the market peak in 2006. There were 19 new construction homes sold in October, according to the Dothan MLS, with an average price per square foot of $105.81, and average days on the market of 195 days.

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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