Current Residential
Today’s Market – as
Indicated by Central Arkansas Multiple Listing Service
There are currently 921 lots (down 110 units) on the market with prices ranging from $995 to $369,500.
The average number of days on the market is 355.
There are 119 lots listed at less than $5,000, 221 lots listed at less than $8,000, 315 lots listed at less than $10,000 and 451 lots listed at less than $15,000. These numbers of lots are down sharply in all four categories.
There are 57 lake-front and lake view lots (up 2 units) with an average asking price of $114,561 (down 3.3%),
224 golf course frontage lots (down 14 units) with an average asking price of $43,771 (up 2.3%),
102 mountain-view lots (up 3 units) with an average asking price of $38,462 (up 3.8%),
and 538 interior wooded lots with an median asking price of $9,500 (up 18.8%).
Lots sold and
closed from
There have been 17 lots sold (down 13 units) in this time period ranging in sales price from $1,000 to $175,000 and a median sold price of $2,600. The average number of days on the market before being sold was 301.
There was 1 lake lot sold in the last 60 days with a sold price of $175,000,
3 golf course frontage lot sold with an average sold price of $12,000,
1
12 interior wooded lots sold with an average sold price of $2,733.
Lots sold and
closed from
There had been 23 lots sold in this time period ranging in sales price from $1,700 to $81,000 and a median sold price of $5,000. The average number of days on the market before being sold was 220.
There were 2 lake lots sold with an average sold price of $79,200,
2 golf course frontage lots sold with an average sold price of $26,250,
2
16 interior wooded lots sold with an average sold price of $6,000.