Hot Springs Skinny

The numbers are in for October of this year, and the numbers are still edging up for the residential real estate market in Garland County, Arkansas.  Overall, residential sales are up 4% over the 2011 market. Below is an overview of our local market.   (We compiled this report from data obtained from the Hot Springs Board of Realtors mls.) Average Days on Market 1/1/11 – 10/31/11:  171 1/1/12 – 10/31/12:  194              Number of Listings Sold 1/1/11 – 10/31/11:  864 1/1/12 – 10/31/12:  882                       Average Price of Sold Listings 1/1/11 – 10/31/11:  $164,155 1/1/12 – 10/31/12:  $168,701            MLS Sold Volume 1/1/11 – 10/31/11:  $141,830,623 1/1/12 – 10/31/12:  $148,...

Caroline Acres is one of our personal favorite neighborhoods, and we have buyers from Texas who have also fallen in love with this neighborhood. This nice couple are ready to return home to Arkansas to prepare for their retirement years in the beautiful city of Hot Springs.  When they asked themselves that question "where do we want to spend our retirement", there was no doubt that it was Hot Springs. Next came the question of neighborhood.  After many hours touring homes and neighborhoods with their agent, Debi Jones of our team, Caroline Acres topped their list hands-down. Now, we have a dilemma and we need your help.  There are no homes in this neighborhood currently on the market that fits their interests.  This nice couple is interested in a modest home on a waterfront lot, with about 2,000 square feet of living space with 3 bedrooms, 2 baths, with a nice back yard where they can build a pool and have a boat dock. If you or someone you know a...

The numbers are in for the third quarter of this year, and it’s looking better for the residential real estate market in Garland County, Arkansas.  Overall, the residential sales are up 3% over the 2011 market. Below is an overview of our local market that we prepared for you.  (The information was obtained from the Hot Springs Board of Realtors mls) Average Days on Market 1/1/11 – 9/31/11:  166 1/1/12 – 9/31/12:  194             Number of Listings Sold 1/1/11 – 9/31/11:  781 1/1/12 – 9/31/12:  795                       Average Price of Sold Listings 1/1/11 – 9/31/11:  $162,740 1/1/12 – 9/31/12:  $165,948            MLS Sold Volume 1/1/11 – 9/31/11:  $127,100,473 1/1/12 – 9/31/12:  $131,929,340            (Click here  for a more detailed report of t...

The numbers are in for July of this year, and we have prepared the following report for you. Residential Sales in Garland County, AR  (information obtained from the Hot Springs Board of Realtors mls) Average Days on Market 1/1/11 – 7/31/11:  165 1/1/12 – 7/31/12:  190             Number of Listings Sold 1/1/11 – 7/31/11:  596 1/1/12 – 7/31/12:  603                       Average Price of Sold Listings 1/1/11 – 7/31/11:  $160,085 1/1/12 – 7/31/12:  $161,544            MLS Sold Volume 1/1/11 – 7/31/11:  $95,411,061 1/1/12 – 7/31/12:  $97,411,486             ( Click here  for a more detailed report of the current market in Ga...

  The numbers are in for May of this year, and we have prepared the following report for you. Residential Sales in Garland County, AR  (information obtained from the Hot Springs Board of Realtors mls) Average Days on Market 1/1/11 – 5/31/11:  171 1/1/12 – 5/31/12:  182             Number of Listings Sold 1/1/11 – 5/31/11:  384 1/1/12 – 5/31/12:  401                       Average Price of Sold Listings 1/1/11 – 5/31/11:  $159,988 1/1/12 – 5/31/12:  $157,489            Percentage of listings that Sold 1/1/11 – 5/31/11:  31% 1/1/12 – 5/31/12:  33% MLS Sold Volume 1/1/11 – 5/31/11:  $61,435,630 1/1/12 – 5/31/12:  $63,153,114   ...

If I were planning to start up a new business in Hot Springs, it would be an in-home pet sitting service or an upscale pet hotel for little "foo foo" dogs.  Recently discovered that after a long search in our area for this type service, that there are several good pet boarding places - but none of them specialize in just the little furry, rotten ones. Don't you think this would be a big hit?

Have you tried Newk's yet?  Well, I'm really enjoying it and it seems that everyone else is too.  We met friends there for lunch Sunday, and there were people lined up out the door around noon.  It's located on Higdon Ferry in the shopping area with Sam's Club and Best Buy.  They have really yummy soups and I really LOVE the chicken tortilla soup!  Unless you are really hungry, the cup-size is plenty to go along with a half of a sandwich.  Also really like the atmosphere there with the whimsical artwork along the walls.  It's really a fun little place for the family.  Be sure to check it out the next time you are in Hot Springs and let me know what you think.