Sell your home fast in Dothan, with its mild and pleasant winter climate, beautiful fall season, well -developed healthcare, education and entertainment sectors is a city inthe Houston county, Alabama.
Early 2016
The month of march also saw home sales which surpassed the expected number.
A low inventory and high prices prevailed.
There was not a very eminent increase in demand. Still some sellers had the luxury of choosing the best house buyer from the offers they got.
2015-16 Market conditions
The year 2016 saw many jobs created when Waynes farm, one of the largest poultry producers in the nation expanded and created additional jobs in Dothan, accelerating the economic development in the region.
While the median sale price of houses decreased from the month August to September, when looking at the overall picture, the prices increased in 2016 compared to 2015.
Still this increase in price percentage largely fell behind the state average of other market economies similar in size to Dothan.
However, compared to the previous year, that is 2015, the market showed a great improvement as the number of homes sold increased by a good number, exceeding 1000.
2016 market conditions seemed to have been conducive to sell a home fastfor a fair market value and get a good return as well.
Quick home-sales were frequent and the average days that homes spent on the market came down by a small number compared to the same period in 2015.
However, this number is again higher in comparison to other mid- sized markets in the state.
The number of houses sold increased by a significant 8 percent compared to 2015, in the month of September.
2016-2017
In June, a housing supply of about six months indicates a balanced market in Dothan.
This year the month showed 9.5 months, an increase from the same period during the previous year.The demand for houses decreased in June by 9 percent from May which is a deviation from theusual trend which is about decrease of 2%.
These factors are a big hindrancestanding in the way of a quick home-sale.
If you want to sell your house fast in Dothan, do not immediately start hunting for reliable realtors in your area. Instead you can now simply sit in front ofyour computer and do it online.
In 2017, The month of July saw a decrease in home sales compared to the same month during the previous year. The inventory decreased by 4 %
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