Current Home Market

Hot Springs Village, Arkansas

January 1, 2012

 

Today’s Market as Indicated by Central Arkansas Multiple Listing Service

There are currently 348 detached homes on the market (down 39 units) with prices ranging from $68,252 to $1,950,000.

The average number of days on the market is 221.

There are 30 detached homes currently listed at less than $100,000, 70 homes listed from $100,000 to $150,000, 72 homes listed from $150,000 to $200,000, 47 homes listed from $200,000 to $250,000, 38 homes listed from $250,000 to $300,000, and 91 listed at over $300,000.  The trend in these numbers is down slightly over the last month.

 

There are currently…

  • 60 detached lakefront and lake view homes with asking prices ranging from $117,000 to $1,950,000 and an average asking price of $435,969 (down 0.3%)
  • 95 detached golf course frontage homes with asking prices ranging from $129,975 to $997,000 and an average asking price of $317,641 (down 0.8%)
  • 30 detached mountain-view homes with asking prices ranging from $109,900 to $670,000 and an average asking price of $302,893 (down 2.5%)
  • 164 detached homes on interior wooded lots with asking prices ranging from $68,252 to $419,900 and an average asking price of $159,879 (up 1.9%).

 

There are 53 townhouses and patio homes on the market with asking prices ranging from $59,500 to $329,000 and an average asking price of $120,401 (up 1.2%).  The average number of days on the market is 207.

 

There are currently…

  • 14 lakefront and lake view townhouses with asking prices ranging from $119,500 to $234,900 and an average asking price of $161,478 (up 2.1%)
  • 8 golf and golf view townhouses ranging in asking price from $59,900 to $329,000 with an average asking price of $161,137 (down 0.8%)
  • 30 townhouses on wooded interior lots with asking prices ranging from $59,500 to $215,000 and average asking price of $91,833 (down 3.0% )

 

There are currently 8 (down 2 units) homes on the market that are new construction or homes still under construction.  The asking prices of these homes range from $169,500 to $549,900 with an average asking price of $360,587 (up 0.1%).

 

Home Sales in the Last Six Months

(July 1, 2011 through December 31, 2011)

There have been 176 detached homes sold in the last 6 months ranging in sales price from $48,800 to $865,000 and with a median sold price of $165,750 (down 1.9%).  There were 32 homes closed for less than $100,000, 44 homes closed between $100,000 and $150,000, 33 homes closed between $150,000 and $200,000, 40 homes closed between $200,000 and $300,000, and 27 homes sold and closed for more than $300,000.  The average number of days on the market before being sold was 133. 

 

There were…

  • 34 detached lake homes sold with sale prices ranging from $140,000 to $865,000 and an average sold price of $345,595 (up 1.7%)
  • 31 detached golf course frontage homes sold with sale prices ranging from $110,000 to $450,000 and an average sold price of $239,791 (down 6.2%)
  • 10 mountain-view homes sold with sale prices ranging from $86,000 to $645,000 and an average sold price of $226,345 (up 5.4%)
  • 103 homes on interior wooded lots sold with sale prices ranging from $48,800 to $375,158 and an average sold price of $138,946 (up 0.1%)

 

There were 25 townhouses and patio homes sold or under contract in the last six months with sold prices ranging from $38,000 to $210,000 and an average sold price of $91,652 (down 1.3%).

 

There were…

  • 7 lakefront or lake view townhouse and patio homes sold during this time period with an average sold price of $152,057
  • 2 golf front or golf view townhouse and patio homes sold during this time period with an average sold price of $78,000
  • 16 townhouses and patio homes on interior wooded lots with sold prices ranging from $38,000 to $127,500 and an average sold price of $69,791 (down 4.0%)

 

There were 11 new construction homes sold in the last 6 months with sold prices ranging from $201,000 to $375,158 and an average sold price of $259,791 (down 8.2%).

 

Home Sales in the Same Six Months of Last Year

(July 1, 2010 through December 31, 2010)

There were 170 detached homes sold in this time period ranging in sales price from $40,000 to $700,000 and with a median sold price of $189,700. 

 

There were…

  • 27 detached lake homes sold with sale prices ranging from $115,000 to $700,000 and an average sold price of $350,277
  • 47 detached golf course frontage homes sold with sale prices ranging from $107,000 to $475,000 and an average sold price of $265,554
  • 8 mountain-view homes sold with sale prices ranging from $102,500 to $379,000 and an average sold price of $264,812
  • 93 homes on interior wooded lots sold with sale prices ranging from $40,000 to $515,310 and an average sold price of $147,895.

 

There were 29 townhouse and patio homes sold in this time period with sold prices ranging from $38,000 to $269,000 and an average sold price of $84,565.

There were…

  • 3 lakefront or lake view townhouse and patio home sold in this time period with an average sold price of $138,333
  • 1 golf front or golf view townhouse and patio homes during this time period with a sold price of $269,000 and
  • 25 townhouse and patio homes on interior wooded lots with sold prices ranging from $38,000 to $142,000 and an average sold price of $70,736

 

There were 28 new construction homes sold in this time period with sold prices ranging from $153,000 to $700,000 and an average sold price of $305,933.

 

 

 

Single Family Detached Homes

 

 

 

Sold in Last 12 Months

 

Currently Listed

 

 

 

 

 

$99,999 or less

 

60

 

30

 

 

 

 

 

$100,000 - $124,999

 

39

 

22

 

 

 

 

 

$125,000 - $149,999

 

47

 

48

 

 

 

 

 

$150,000 - $174,999

 

33

 

32

 

 

 

 

 

$175,000 - $199,999

 

29

 

40

 

 

 

 

 

$200,000 to $224,999

 

15

 

20

 

 

 

 

 

$225,000 to $249,999

 

34

 

27

 

 

 

 

 

$250,000 to $274,999

 

17

 

14

 

 

 

 

 

$275,000 to $299,999

 

13

 

24

 

 

 

 

 

$300,000 to $324,999

 

10

 

2

 

 

 

 

 

$325,000 to $349,999

 

7

 

14

 

 

 

 

 

$350,000 to $374,999

 

11

 

8

 

 

 

 

 

$375,000 to $399,999

 

6

 

14

 

 

 

 

 

$400,000 and above

 

17

 

53

 

 

 

 

 

Total

 

335

 

348