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Showing posts from May, 2013

Hot Springs Market Update

The numbers are in for April for the 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 – 4/30/12:  183 1/1/13 – 4/30/13:  176             Number of Listings Sold 1/1/12 – 4/30/12:  303 1/1/13 – 4/30/13:  340                        Average Price of Sold Listings 1/1/12 – 4/30/12:  $148,235 1/1/13 – 4/30/13:  $151,851           MLS Sold Volume 1/1/12 – 4/30/12:  $44,915,208 1/1/13 – 4/30/13:  $51,629,449           Good news … Notice that all of the numbers above are better numbers than the year before.   Please note that the report above does include residential land sales, and the detailed graph reports on the clickable link will show a clearer picture of home sales (and does not incl