Spring Brings Good News for Hot Springs Real Estate Market
The numbers are in for the first quarter in residential real estate sales in Garland County, Arkansas. Compared to the year before, residential sales are up 16% over the first quarter of last year. Below is an overview of sales for the first quarter: Average Days on Market 1/1/13 – 3/31/13: 169 1/1/14 – 3/31/14: 170 Number of Listings Sold 1/1/13 – 3/31/13: 227 1/1/14 – 3/31/14: 249 Average Price of Sold Listings 1/1/13 – 3/31/13: $145,340 1/1/14 – 3/31/14: $154,980 MLS Sold Volume 1/1/13 – 3/31/13: $32,992,391 1/1/14 – 3/31/14: $38,590,061 (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. It’s rejuvenating to see