Current Home Market

Hot Springs Village, Arkansas

April 1, 2009

 

Today’s Market–as indicated by Central Arkansas Multiple Listing Service

 

  • There are currently 345 detached homes on the market (up 37 units) with prices ranging from $68,500 to $1,550,000.  There are 16 detached homes currently listed at less than $100,000, 76 homes listed at less than $150,000 and 141 homes listed at less than $200,000.  These numbers are up from last month. The average number of days on the market is 175.

 

    • There are currently 55 detached lake-front and lake view homes with an asking prices ranging from $239,500 to $1,550,000 and an average asking price of $499,481 (up about 2.4%).

 

    • 79 detached golf course frontage homes with asking prices ranging from $117,500 to $769,500 and an average asking price of $330,849 (up about 0.5%).

 

    • 23 detached mountain-view homes with asking prices ranging from $99,800 to $554,900 and an average asking price of $323,291 (down 3.2%).

 

    • 193 detached homes on interior wooded lots with asking prices ranging from $69,500 to $389,900 and an average asking price of $182,254 (up 1.0%).

 

 

  • There are 72 townhomes and patio homes on the market with asking prices ranging from $69,900 to $379,500 and an average asking price of $148,883 (down 2.9%).

 

    • There are 19 lake front and lake view townhouses with asking prices ranging from $78,500 to $379,500 and an average asking price of $209,213 (down about 0.6%).

 

    • 4 golf and golf view townhouses ranging in asking price from $79,900 to $305,000 with an average asking price of $235,225 (down 3.6%).

 

    • 49 townhouses on wooded interior lots with asking prices ranging from $69,900 to $309,900 and average asking price of $178,442 (up about  2.5%).

 

  • There are currently 40 homes on the market that are new construction or homes still under construction.  The asking prices of these homes range from $142,900 to $899,000 with an average asking price of $333,252 (down about 2.4%).

 

 

Home sales in the last six months

(October 1, 2008 through March 31, 2009)

 

  • There were 106 detached homes sold in the last 6 months ranging in sales price from $59,500 to $595,000 and with a median sold price of $227,456 (up about 2.3%).  The average number of days on the market before being sold was 137. 

 

    • 11 detached lake homes sold with sale prices ranging from $307,000 to $450,000 and an average sold price of $360,642 (down 7.7%).

 

    • 19 detached golf course frontage homes sold with sale prices ranging from $174,900 to $595,000 and an average sold price of $334,941 (up 1.5%)

 

    • 7 mountain-view homes sold with sale prices ranging from $153,000 to $400,000 and an average sold price of $280,342 (down 19.1%).

 

    • 71 homes on interior wooded lots sold with sale prices ranging from $59,900 to $529,900 and an average sold price of $193,357 (down about  0.9%).

 

 

  • There were 20 townhomes and patio homes sold or under contract in the last six months with sold prices ranging from $63,000 to $263,000 and an average sold price of $134,876 (up about 1.5%).

 

    • 5 lake front or lake view townhomes and patio homes sold with sold prices ranging from $123,000 to $205,000 and average sold price of $167,524 (up about 9.8%).

 

    • 2 golf front or golf view townhomes and patio homes sold with sold prices ranging from $85,000 to $178,000 with an average sold price of $131,500 (unchanged).

 

    • 13 townhomes and patio homes on interior wooded lots with sold prices ranging from $63,000 to $263,000 and an average sold price of $122,838 (down about 5.5%).

 

  • There were 35 new construction homes sold in the last 6 months with sold prices ranging from $180,000 to $595,000 and an average sold price of $309,210 (up 1.8%).

Home sales in the same six months of last year

(October 1, 2007 through March 31, 2008)

 

  • There were 210 detached homes sold in this time period ranging in sales price from $68,500 to $745,000 and with a median sold price of $227,000.

 

    • There were 33 detached lake homes sold with sale prices ranging from $169,000 to $745,000 and an average sold price of $412,652

 

    • 44 detached golf course frontage homes sold with sale prices ranging from $118,000 to $472,589 and an average sold price of $275,886

 

    • 12 mountain-view homes sold with sale prices ranging from $189,500 to $509,000 and an average sold price of $277,214.

 

    • 123 homes on interior wooded lots sold with sale prices ranging from $68,500 to $520,000 and an average sold price of $187,928.

 

 

  • There were 25 townhouses and patio homes sold in this time period with sold prices ranging from $69,000 to $299,000 and an average sold price of $143,852.

 

    • There were 5 lake front or lake view townhouses and patio homes sold with sold prices ranging from $135,000 to $279,000 and average sold price of $200,900.

 

    • 2 golf front or golf view townhomes and patio homes sold with sold prices ranging from $74,500 to $299,000 and average sold price of $186,750.

 

    • 18 townhouses and patio homes on interior wooded lots with sold prices ranging from $69,000 to $262,000 and an average sold price of $123,238.

 

There were 56 new construction homes sold in this time period with sold prices ranging from $131,000 to $509,000 and an average sold price of $291,580.