Hot Springs Market Update
The numbers are in for July for residential real estate sales in Garland County, Arkansas and the total sales volume is up 6% over this time last year. Below is an overview of this year’s sales compared to this same time period year-over-year. Average Days on Market 1/1/15 – 7/31/15: 180 1/1/16 – 7/31/16: 156 Number of Listings Sold 1/1/15 – 7/31/15: 773 1/1/16 – 7/31/16: 807 Average Price of Sold Listings 1/1/15 – 7/31/15: $164,588 1/1/16 – 7/31/16: $168,276 MLS Sold Volume 1/1/15 – 7/31/15: $127,226,628 1/1/16 – 7/31/16: $135,799,061 (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. If we can help more, please don’t hesitate t