Current Residential
Today’s market as indicated by Central Arkansas Multiple
Listing Service
- There are currently 1302 lots (down 9%) on the market with prices ranging from $2,500 to $249,900.
- The average number of days on the market is 313.
- There are 211 lots listed at less than $8,000, 390 lots listed at less than $10,000 and 674 lots listed at less than $15,000. These numbers are down from last month.
- There are 69 lake-front and lake view lots with an average asking price of $102,946 (down about 5%),
- 205 golf course frontage lots (up slightly) with an average asking price of $50,121; (nearly unchanged),
- 91 mountain-view lots with an average asking price of $32,117, (down about 5%),
- 898 interior wooded lots (down 15%) with an median asking price of $14,030 (nearly unchanged).
Lots sold and closed from June 1 through
- There have been 33 lots sold (down 4 units) in this time period ranging in sales price from $2,500 to $110,500 and a median sold price of $4,500 (down 55%).
- The average number of days on the market before being sold was 138.
- There was 2 lake lots sold in the last 60 days with an average sales price of $105,250 (up about 5%),
- 4 golf course frontage lots sold with an average sold price of $34,750 (down 5%),
- 3 mountain-view lots sold with an average sold price of $26,500 (down 29%) and
- 25 interior wooded lots sold with an average sold price of $6,198 (down 28.5%%).
Lots sold and closed from June 1 though
- There had been 67 lots sold in this time period ranging in sails price from $2,000 to $217,000 and a median sold price of $12,500.
- The average number of days on the market before being sold was 161.
- There were 5 lake lots sold with an average sold price of $106,220,
- 18 golf course frontage lots sold with an average sold price of $44,500,
- 3 mountain-view lots sold with an average sold price of $30,166 and
- 42 interior wooded lots sold with an average sold price of $9,624.