"Boomerang Buyers" Create Upswing in Home Sales
The numbers are in for the first quarter for residential real estate market in Garland County, Arkansas. 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 1/1/12 – 3/31/12: 183 1/1/13 – 3/31/13: 173 Number of Listings Sold 1/1/12 – 3/31/12: 220 1/1/13 – 3/31/13: 213 Average Price of Sold Listings 1/1/12 – 3/31/12: $138,153 1/1/13 – 3/31/13: $147,352 MLS Sold Volume 1/1/12 – 3/31/12: $30,393,831 1/1/13 – 3/31/13: $31,386,041 Click here for a more detailed report of the current market in Garland County, AR. The numbers for our area are now showing signs of an upswing. According to USA Today’s recent report – “Boomerang Buyers” may be a strong force behind the upswing in home sales in 2013. “Boomerang Buyer