Home Prices are Rising in Hot Springs, Arkansas
The numbers are in for February and the residential real estate market in the Hot Springs area is in good shape. We are up 21% over last year for the total sales volume. Below is an overview of this year’s sales compared to this same time period year-over-year. Average Days on Market 1/1/16 – 2/28/16: 154 1/1/17 – 2/28/17: 145 Number of Listings Sold 1/1/16 – 2/28/16: 172 1/1/17 – 2/28/17: 176 Average Price of Sold Listings 1/1/16 – 2/28/16: $146,047 1/1/17 – 2/28/17: $172,684 MLS Sold Volume 1/1/16 – 2/28/16: $25,120,145 1/1/17 – 2/28/17: $30,392,502 (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 home sales 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 d