Shortage of Homes in the Spa City

Only 471 homes are on the market today in Garland County …. breaking records for an all-time low in the housing market. June home sales almost doubled over the month of May with the average price rising to $198,226.

Take a look at the latest real estate market for residential properties sold in Garland County.  

Average Days on Market
1/1/19 – 6/30/19:  124
1/1/20 – 6/30/20:  134

Number of Properties Sold
1/1/19 – 6/30/19:  927
1/1/20 – 6/30/20:  887           

Average Price of Sold Listings
1/1/19 – 6/30/19:  $180,434
1/1/20 – 6/30/20:  $198,226

MLS Sold Volume
1/1/19 – 6/30/19:  $167,262,938
1/1/20 – 6/30/20:  $175,826,526

(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. 

Questions?  We have the answers.  Call (501) 655-6247 today.

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