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 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 hom