Current Home Market
Today’s market – as indicated by Central
Arkansas Multiple Listing Service
There are currently 388 detached homes on the market (up 20 units) with prices ranging from $68,900 to $1,550,000.
The average number of days on the market is 165.
There are 23 detached homes currently listed at less than $100,000, 96 homes listed at less than $150,000 and 162 homes listed at less than $200,000. These numbers are up from last month.
There are currently 56 detached lake-front and lake view homes with an asking prices ranging from $215,000 to $1,550,000 and an average asking price of $499,460 (up about 0.6%);
87 detached golf course frontage homes with asking prices ranging from $115,000 to $699,500 and an average asking price of $321,169 (down about 1.8%);
26 detached mountain-view homes with asking prices ranging from $99,900 to $554,900 and an average asking price of $315,530 (down 6.1%);
and 222 detached homes on interior wooded lots with asking prices ranging from $68,900 to $419,000 and an average asking price of $180,730 (up 0.6%).
There are 82 townhouses and patio homes on the market with asking prices ranging from $57,500 to $379,500 and an average asking price of $149,008 (up 0.8%).
There are 23 lake front and lake view townhouses with asking prices ranging from $78,500 to $379,500 and an average asking price of $197,947 (down about 1.2%);
5 golf and golf view townhouses ranging in asking price from $79,900 to $305,000 with an average asking price of $202,660 (down 1.1%);
and 55 townhouses on wooded interior lots with asking prices ranging from $57,500 to $294,400 and average asking price of $122,546 (up about 3.5%).
There are currently 44 homes on the market that are new constructions or homes still under construction. The asking prices of these homes range from $142,900 to $899,000 with an average asking price of $318,265 (down about 2.2%)
Home sales in the last six months
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There have been 104 detached homes sold in the last 6 months ranging in sales price from $59,500 to $600,000 and with a median sold price of $185,000 (down about 4.9%). The average number of days on the market before being sold was 143.
There have been 11 detached lake homes sold with sale prices ranging from $220,000 to $399,900 and an average sold price of $327,732 (down 6.0%);
21 detached golf course frontage homes sold with sale prices ranging from $127,500 to $595,000 and an average sold price of $289,466 (down 13.4%),
5 mountain view homes sold with sale prices ranging from $187,000 to $379,900 and an average sold price of $305,580 (down 1.9%); and
71 homes on interior wooded lots sold with sale prices ranging from $59,500 to $600,000 and an average sold price of $177,826 (down about 3.5%).
There were 18 townhouses and patio homes sold or under contract in the last six months with sold prices ranging from $45,000 to $205,000 and an average sold price of $111,806 (down about 4.2%),
There were 3 lake front or lake view townhouses and patio homes sold with sold prices ranging from $173,000 to $205,000 and average sold price of $192,373 (unchanged);
2 golf front or golf view townhomes and patio homes sold with sold prices ranging from $45,000 to $85,000 with an average sold price of $65,000 (down 36.7%); and
13 townhouses and patio homes on interior wooded lots with sold prices ranging from $63,000 to $171,000 and an average sold price of $100.415 (down about .9%).
There were 30 new construction homes sold in the last 6 months with sold prices ranging from $174,500 to $600,000 and an average sold price of $300,343 (down 2.8%).
Home sales in the same six months of last year
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There were 167 detached homes sold in this time period ranging in sales price from $71,500 to $690,000 and with a median sold price of $218,000.
There have been 16 detached lake homes sold with sale prices ranging from $312,000 to $681,500 and an average sold price of $463,919;
34 detached golf course frontage homes sold with sale prices ranging from $118,000 to $690,000 and an average sold price of $288,658;
9 mountain view homes sold with sale prices ranging from $189,500 to $515,000 and an average sold price of $272,194; and
108 homes on interior wooded lots sold with sale prices ranging from $71,500 to $520,000 and an average sold price of $179,250.
There were 25 townhouses and patio homes sold in this time period with sold prices ranging from $55,000 to $299,000 and an average sold price of $132,076,
There were 8 lake front or lake view townhouses and patio homes sold with sold prices ranging from $122,500 to $225,000 and average sold price of $161,625;
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; and
15 townhouses and patio homes on interior wooded lots with sold prices ranging from $55,000 to $262,000 and an average sold price of $109,026.
There were 48 new construction homes sold in this time period with sold prices ranging from $157,000 to $690,000 and an average sold price of $264,440.