Hot Springs Market Update
Are you interested in the year-end results for the residential real estate market in Garland County for 2017? The total sales volume is up 12% year-over-year with the average sales price at $179,110, and the average selling time is around 5.6 months. 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 – 12/31/16: 164 1/1/17 – 12/31/17: 168 Number of Listings Sold 1/1/16 – 12/31/16: 1481 1/1/17 - 12/31/17: 1558 Average Price of Sold Listings 1/1/16 – 12/31/16: $167,981 1/1/17 – 12/31/17: $179,110 MLS Sold Volume 1/1/16 – 12/31/16: $248,781,004 1/1/17 – 12/31/17: $279,054,596 (data obtained from the Hot Springs Board of Realtors mls, and it does not include home sales by owner, or other sale...