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Hot Springs Market Update

The numbers are in for April for the residential real estate market in Garland County, Arkansas.  Below is an overview of our local market.   This report was compiled from data obtained from the Hot Springs Board of Realtors mls, and does not include home sales by owner, or other sales not reported thru the local mls.   Average Days on Market 1/1/12 – 4/30/12:  183 1/1/13 – 4/30/13:  176             Number of Listings Sold 1/1/12 – 4/30/12:  303 1/1/13 – 4/30/13:  340                        Average Price of Sold Listings 1/1/12 – 4/30/12:  $148,235 1/1/13 – 4/30/13:  $151,851           MLS Sold Volume 1/1/12 – 4/30/12:  $44,915,208 1/1/13 – 4/30/13:  $51,629,449    ...

"Boomerang Buyers" Create Upswing in Home Sales

The numbers are in for the first quarter for residential real estate market in Garland County, Arkansas.  Below is an overview of our local market.   (This report was compiled from data obtained from the Hot Springs Board of Realtors mls, and does not include home sales by owner, or other sales not reported thru the local mls.) Average Days on  Market 1/1/12 – 3/31/12:  183 1/1/13 – 3/31/13:  173             Number of Listings Sold 1/1/12 – 3/31/12:  220 1/1/13 – 3/31/13:  213                       Average Price of Sold Listings 1/1/12 – 3/31/12:  $138,153 1/1/13 – 3/31/13:  $147,352            MLS Sold Volume 1/1/12 – 3/31/12:  $30,393,831 1/1/13 – 3/31/13:  $31,386,041        ...

Hot Springs Market Update

The numbers are in for January for the residential real estate market in Garland County, Arkansas.  Below is an overview of our local market.   (This report was compiled from data obtained from the Hot Springs Board of Realtors mls, and does not include home sales by owner, or other sales not reported thru the local mls.) Average Days on Market 1/1/12 – 1/31/12:  179 1/1/13 – 1/31/13:  117             Number of Listings Sold 1/1/12 – 1/31/12:  72 1/1/13 – 1/31/13:  63                       Average Price of Sold Listings 1/1/12 – 1/31/12:  $120,570 1/1/13 – 1/31/13:  $128,281            MLS Sold Volume 1/1/12 – 1/31/12:  $8,681,040 1/1/13 – 1/31/13:  $8,081,761      ...

Hot Springs Real Estate Market is on the Upswing

The numbers are in for last year for the residential real estate market in Garland County, Arkansas.  Overall, residential sales are up 2% over the 2011 market. Below is an overview of our local market.   (This report was compiled from data obtained from the Hot Springs Board of Realtors mls, and does not include home sales by owner, or other sales not reported thru the local mls.) Average Days on Market 1/1/11 – 12/31/11:  171 1/1/12 – 12/31/12:  191              Number of Listings Sold 1/1/11 – 12/31/11:  1027 1/1/12 – 12/31/12:  1046                        Average Price of Sold Listings 1/1/11 – 12/31/11:  $167,984 1/1/12 – 12/31/12:  $168,530             MLS Sold Volume 1/1/11 – 12/31/11:  $...

Hot Springs Market Update

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The numbers are in for October of this year, and the numbers are still edging up for the residential real estate market in Garland County, Arkansas.  Overall, residential sales are up 4% over the 2011 market. Below is an overview of our local market.   (We compiled this report from data obtained from the Hot Springs Board of Realtors mls.) Average Days on Market 1/1/11 – 10/31/11:  171 1/1/12 – 10/31/12:  194              Number of Listings Sold 1/1/11 – 10/31/11:  864 1/1/12 – 10/31/12:  882                       Average Price of Sold Listings 1/1/11 – 10/31/11:  $164,155 1/1/12 – 10/31/12:  $168,701            MLS Sold Volume 1/1/11 – 10/31/11:  $141,830,623 1/1/12 – 10/31/12:  $148,...

Texas Buyers Want a Home in Caroline Acres

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Caroline Acres is one of our personal favorite neighborhoods, and we have buyers from Texas who have also fallen in love with this neighborhood. This nice couple are ready to return home to Arkansas to prepare for their retirement years in the beautiful city of Hot Springs.  When they asked themselves that question "where do we want to spend our retirement", there was no doubt that it was Hot Springs. Next came the question of neighborhood.  After many hours touring homes and neighborhoods with their agent, Debi Jones of our team, Caroline Acres topped their list hands-down. Now, we have a dilemma and we need your help.  There are no homes in this neighborhood currently on the market that fits their interests.  This nice couple is interested in a modest home on a waterfront lot, with about 2,000 square feet of living space with 3 bedrooms, 2 baths, with a nice back yard where they can build a pool and have a boat dock. If you or someone you know a...

Hot Springs is on the Upswing

The numbers are in for the third quarter of this year, and it’s looking better for the residential real estate market in Garland County, Arkansas.  Overall, the residential sales are up 3% over the 2011 market. Below is an overview of our local market that we prepared for you.  (The information was obtained from the Hot Springs Board of Realtors mls) Average Days on Market 1/1/11 – 9/31/11:  166 1/1/12 – 9/31/12:  194             Number of Listings Sold 1/1/11 – 9/31/11:  781 1/1/12 – 9/31/12:  795                       Average Price of Sold Listings 1/1/11 – 9/31/11:  $162,740 1/1/12 – 9/31/12:  $165,948            MLS Sold Volume 1/1/11 – 9/31/11:  $127,100,473 1/1/12 – 9/31/12:  $131,929,340            (Click here  for a more detailed report of t...