
Southeast Alabama home sales increase in July 2020
Sales: According to the Southeast Alabama Association of Realtors, July residential sales in the Dothan area increased 31.6% year-over-year from 155 to 204 closed transactions. Sales increased

Sales: According to the Southeast Alabama Association of Realtors, July residential sales in the Dothan area increased 31.6% year-over-year from 155 to 204 closed transactions. Sales increased

Sales: According to the Southeast Alabama Association of Realtors, June residential sales in the Dothan area increased 18.2% year-over-year from 154 to 182 closed transactions. Following seasonal

Sales: According to the Southeast Alabama Association of Realtors, May residential sales in the Dothan area increased 0.7% year-over-year from 148 to 149 closed transactions. Following seasonal

Note: This article provides a preview of closed sales activity during May, which provides limited insight regarding the impact of the pandemic to residential sales

Danielle Hale, chief economist for Realtor.com, recently released a revised economic and housing forecast. Residential sales nationwide are expected to decline 15% in 2020 versus 2019. Larger

Sales: According to the Southeast Alabama Association of Realtors, April residential sales in the Dothan area decreased 8.2% year-over-year from 171 to 157 closed transactions. Going against

Editor’s Note: All information in this article reflects data provided to the Alabama Center for Real Estate for the time period March 1 – 31,

Sales: According to the Southeast Alabama Association of Realtors, February residential sales in the Dothan area decreased 18.5% year-over-year from 124 to 101 closed transactions. Going against

Sales: According to the Southeast Alabama Association of Realtors, January residential sales in the Dothan area increased 2.9% year-over-year from 102 to 105 closed transactions. Following

Alabama’s residential market is substantially impacted by the amount of homes listed for sale at any given moment. It impacts months of supply, median sales
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