There’s no doubt this is one of the most contentious presidential elections in our nation’s history. The outcome will have a major impact on many sectors of the economy. However, “recent trends suggest that the housing market – which has basically withstood every pandemic-related challenge to this point – will continue its strong momentum in the months to come.” states Matthew Speakman, an economist at Zillow.
Only 348 homes are on the market today in Garland County, and this year’s residential sales volume is up 22% over this time period last year.
Take a look at the latest real estate market for residential properties sold in Garland County.
Average Days on Market
1/1/19 – 10/31/19: 126
1/1/20 – 10/31/20: 161
Number of Properties Sold
1/1/19 – 10/31/19: 1577
1/1/20 – 10/31/20: 1743
Average Price of Sold Listings
1/1/19 – 10/31/19: $190,120
1/1/20 – 10/31/20: $210,153
MLS Sold Volume
1/1/19 – 10/31/19: $299,819,930
1/1/20 – 10/31/20: $366,298,075
(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.
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