Hot Springs Market Update
The numbers are in for April in residential real estate sales in Garland County, Arkansas. Compared to the year before, residential sales are up 5% over the same period of last year, and up 9% over the previous month (3/2014). Below is an overview of sales for the first quarter: Average Days on Market 1/1/13 – 4/30/13: 174 1/1/14 – 4/30/14: 167 Number of Listings Sold 1/1/13 – 4/30/13: 345 1/1/14 – 4/30/14: 361 Average Price of Sold Listings 1/1/13 – 4/30/13: $151,135 1/1/14 – 3/31/14: $153,806 MLS Sold Volume 1/1/13 – 4/30/13: $52,141,849 1/1/14 – 4/30/14: $55,524,117 (data obtained from the Hot Springs Board of Realtors mls, and it does not include home sales by owner, or other sales not repor...