Hot Springs is on the Upswing
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 the current market in Garland County, AR) With the positive spirit in the air with properties selling and seeing more happy homeowners, it’s been a great motivator for us too. Our team has sold $