Hot Springs Market Update
The
numbers are in for November of the residential real estate market in Garland
County, Arkansas. Compared to last
year’s market, residential sales are up 13%, and inventory is down another 1%
since last month.
Average Days on Market
1/1/12 – 11/30/12: 193
1/1/13 – 11/30/13: 173
1/1/12 – 11/30/12: 193
1/1/13 – 11/30/13: 173
Number of Listings Sold
1/1/12 – 11/30/12: 980
1/1/13 – 11/30/13: 1114
1/1/12 – 11/30/12: 980
1/1/13 – 11/30/13: 1114
Average Price of Sold Listings
1/1/12 – 11/30/12: $168,212
1/1/13 – 11/30/13: $167,424
1/1/12 – 11/30/12: $168,212
1/1/13 – 11/30/13: $167,424
MLS Sold Volume
1/1/12 – 11/30/12: $164,848,095
1/1/13 – 11/30/13: $186,510,420
1/1/12 – 11/30/12: $164,848,095
1/1/13 – 11/30/13: $186,510,420
(data
obtained from the Hot Springs Board of Realtors mls, and it does not include
home sales by owner, or other sales not reported thru our local mls)
Click here to take a look at the next report
that shows a more detailed overview of the current market in Garland County,
AR. This report will give you a better look at the supply and demand of
homes.
As the spirit of the holidays are here, we are reminded of those who
have helped us, both in business and our personal lives.
Clearly we don't get
enough opportunities to say "thank you" in person, even though we are
immensely grateful for each and every one of you.
So, at this very
special time of year we want to express our deepest appreciation for your
support and confidence in us, your referrals and your friendship.
It means so
much and is so important as we look to move forward and grow our business here
in Hot Springs.
From our family to yours, we send you our fondest wishes for a Merry
Christmas. May the joy of the holidays extend to you and your family throughout
the coming year!
If at any time we can help more, please don’t hesitate to give us a call
at 501.655.6247. It is always our
pleasure to serve you.
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