Hot Springs Market Update



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:  $148,795,126           

(Click here for a more detailed report of the current market in Garland County, AR)

All signs are leaning toward a better future for the real estate market.  Please feel free to give us a call if we can help more (501) 655-6247

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