Hot Springs Market Update

The numbers are in for the month of February in residential real estate sales in Garland County, Arkansas.  Compared to the year before, residential sales are up 30% over last February.
Below is an overview of sales for February:
Average Days on Market
1/1/13 – 2/28/13:  149
1/1/14 – 2/28/14:  163            
Number of Listings Sold
1/1/13 – 2/28/13:  138
1/1/14 – 2/28/14:  158                      
Average Price of Sold Listings
1/1/13 – 2/28/13:  $145,702
1/1/14 – 2/28/14:  $166,117
MLS Sold Volume
1/1/13 – 2/28/13:   $20,106,961
1/1/14 – 2/28/14:   $26,246,502
(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.
If we can ever help more, please don’t hesitate to give us a call at 501.655.6247.  It is always our pleasure to serve you.
Warm regards,
Jeff and Paulia Kennedy

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