Hot Springs Real Estate Market is on the Upswing
The numbers are in for last year for the residential real estate market in Garland County, Arkansas. Overall, residential sales are up 2% over the 2011 market. Below is an overview of our local market. (This report was compiled from data obtained from the Hot Springs Board of Realtors mls, and does not include home sales by owner, or other sales not reported thru the local mls.) Average Days on Market 1/1/11 – 12/31/11: 171 1/1/12 – 12/31/12: 191 Number of Listings Sold 1/1/11 – 12/31/11: 1027 1/1/12 – 12/31/12: 1046 Average Price of Sold Listings 1/1/11 – 12/31/11: $167,984 1/1/12 – 12/31/12: $168,530 MLS Sold Volume 1/1/11 – 12/31/11: $172,520,472 1/1/12 – 12/31/12: $176,283,390 Click here for a more detailed report of the current market in Garland County, AR. If you have been following our market reports, you may have noticed that the inventory of homes for sale is at record lows,