Dothan-area November Residential Sales Increase 18 Percent From Last Year

By ACRE Research

Click here to view or print the entire monthly report compliments of the ACRE Corporate Cabinet.

Sales: According to the Dothan Multiple Listing Service Inc., Dothan-area residential sales totaled 113 units during November, up 17.7 percent from the 96 units sold in November 2016. Year-to-date sales for the Dothan area total 1,264 units, which represents a 3 percent increase over the 1,227 units sold through November during 2016. Another resource to review is the Annual Report.

For all of Dothan’s area real estate data, click here.Forecast: Closed transactions in November were 28 units (33 percent) above the Alabama Center for Real Estate’s (ACRE) monthly forecast. ACRE’s 2017 sales forecast through November projected 1,139 closed transactions, while the actual sales were 1,264 units, a favorable difference of 11 percent.

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