homes sold: Dothan Real Estate Report - July Sales Update
- 07/18/08 02:27 PM
This article was originally posted on DothanHomeSearch.com While the number of homes sold and closed in June was down compared to May and also to June of 2007 (114 to 122 and 133 respectively), the number of homes in pending status was up significantly when compared to the same time frames. The 87 homes listed in pending status in the Dothan MLS is the highest monthly total since March, and the second highest since April of 2007, over a year ago. Since pending sales are considered the prime indicator of future market activity, the Dothan real estate market looks to be … (0 comments)
homes sold: Dothan Real Estate Market Update - May Sales Report
- 05/13/08 09:17 AM
This article was originally posted on DothanHomeSearch.com Inventory and absorption rates will be updated next week. Remember that we are comparing year-to-year numbers to take into account the seasonality of home sales. So far this year, home sales are down just over 18% compared to the same period in 2007, but under 5% compared to 2006. Here are the sales and pending sales numbers through April. Pending sales in April fell about 10%. Considering that last month’s pending numbers were up significantly, we can conclude that March and April put together show about the same number of pending sales as those … (0 comments)
homes sold: Dothan Real Estate Market - April Sales Update
- 04/15/08 07:05 AM
This article was originally posted on DothanHomeSearch.com Both homes sold and pending sales were up in March, a good sign that the Dothan real estate market is still healthy. New pending sales were up almost 25% over March, 2007 and last month. There were over 100 homes sold in February and March which is the first time that has happened in two consecutive months since last summer.
Pending home sales are at their highest level in several months. In fact, there are more pending sales right now than at any time since April, 2007. This a good measure of activity … (0 comments)
homes sold: Dothan Real Estate Market Update - March Sales Report
- 03/14/08 07:29 AM
Originally posted on our website, www.dothanhomesearch.com. The number of homes sold in Dothan took a huge jump last month, climbing 55% over January numbers. In fact, the 95 houses sold in February was second highest monthly total since August. Sales and Pending Sales Pending sales through January and February have remained near 2007 levels. Pendings are a good sign of activity to come over the next 30 – 60 days, and one would expect these numbers to fall if the market were slowing. Next month, when the first quarter numbers are in, we’ll be able to look at a longer time … (0 comments)
homes sold: Dothan Real Estate Market Update - February Sales Report
- 02/14/08 01:31 AM
As I mentioned in last month’s update, we are now focusing the monthly Dothan real estate market update on numbers that are most relevant month-to-month, such as pendings and solds, inventory levels, and absorption rate. Other statistics, such as median price, days on market, and list-to-sale price ratio, can fluctuate significantly each month, so we will analyze those each quarter instead. Inventory and absorption rates will be updated next week. Here are the sales and pending sales numbers. Sales and Pending Sales Real estate sales are seasonal. Activity slows here in the Dothan market during the winter months, and early spring … (0 comments)
homes sold: Dwelling on the past - Dothan real estate in 2007
- 01/16/08 06:31 AM
This will hopefully be our last post on the real estate market of 2007. I am a firm believer that once something is history, you learn what you can from it and move on to bigger and better things. We don’t lament about what might have been here at CENTURY 21 Key Realty, we embrace the challenge of this market and work hard for our clients every day. Here are the final numbers for homes sold and median price for 2007, compared to previous years.
The number of homes sold in Dothan in 2007 (1292) was down 9.7% from 2006 … (0 comments)
This article was originally posted on DothanHomeSearch.com While the number of homes sold and closed in June was down compared to May and also to June of 2007 (114 to 122 and 133 respectively), the number of homes in pending status was up significantly when compared to the same time frames. The 87 homes listed in pending status in the Dothan MLS is the highest monthly total since March, and the second highest since April of 2007, over a year ago. Since pending sales are considered the prime indicator of future market activity, the Dothan real estate market looks to be … (0 comments)
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