Home Sales are UP in Hot Springs, Arkansas
Great News! The numbers are in for residential real estate sales in Garland County for 2016 and the total sales volume is up 11% over last year. The numbers in all other categories also improved … Homes sold faster and for more money in 2016. Looks like we’re headed in the right direction for 2017! Below is an overview of this year’s sales compared to last year’s sales. Average Days on Market 1/1/15 – 12/31/15: 170 1/1/16 – 12/31/16: 164 Number of Listings Sold 1/1/15 – 12/31/15: 1335 1/1/16 – 12/31/16: 1479 Average Price of Sold Listings 1/1/15 – 12/31/15: $167,701 1/1/16 – 12/31/16: $168,054 MLS Sold Volume 1/1/15 – 12/31/15: $223,881,277 1/1/16 – 12/31/16: $248,553,004 (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 Gar