Dothan Real Estate Market Update - February New Construction Update

Judy Spears posted this update on our blog today

The number of new homes started in February was up from January. Keep in mind that the 19 homes started will not be completed for at least three or four months, so they are not typically included in the inventory numbers you see posted here.

Here is the trend over the last twelve months.

There are currently 230 new construction homes listed in the Dothan area MLS (broken down by price range below). This number is down from the past two months, which hopefully means that some old inventory is starting to move.

• under $135,000 – 43 listings
• $135,000 to $200,000 – 80 listings
• $200,000 to $300,000 – 57 listings
• over $300,000 – 50 listings

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.