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 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