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 $16,812,895 in residential sales so far this year, and we’re holding the lead in sales in the Hot Springs area again this year.  We contribute another successful year in the real estate market to having great clients to work with!  It takes more than our team of three full-time real estate agents working together to get a property sold … it also takes a great client, a great lender and a great title company.  When you decide to buy or sell real estate in Hot Springs, we truly appreciate you considering to work with us to get it done.

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