Hot Springs Village, Arkansas

Current Residential Lot Market

January 1, 2012

 

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

 

There are currently 619 lots (down 26 units) on the market with prices ranging from $1 to $369,500.

The average number of days on the market is 462.

There are 35 lots listed at less than $3,000, 42 lots listed between $3,000 and $5,000, 133 lots listed between $5,000 and $8,000, 45 lots listed between $8,000 and $10,000, 53 lots listed between $10,000 and $15,000 and 308 lots listed at more than $15,000. 

There are…

  • 57 lakefront and lake view lots (down 6 units) with an average asking price of $97,110 (down 1.9%)
  • 188 golf course frontage lots (down 1 units) with an average asking price of $32,749 (down 0.1%)
  • 50 mountain-view lots (down 7 units) with an average asking price of $38,820 (up 5.1%)
  • 303 interior wooded lots with an median asking price of $7,000 (unchanged)

 

Lots Sold and Closed from November 1, 2011 through January 1, 2012

 

There have been 22 lots sold (down 1 units) in this time period ranging in sales price from $1 to $57,000.  The average number of days on the market before being sold was 318. 

There were…

  • 0 lake lot sold in the last 60 days
  • 9 golf course frontage lots sold with an average sold price of $24,777
  • 6 mountain-view lots sold in the last 60 days and with an average sold price of $28,500 and
  • 4 interior wooded lots sold with an average sold price of $4,300.

 

Lots Sold and Closed from November 1, 2010 through December 31, 2010

 

There had been 20 lots sold in this time period ranging in sales price from $1 to $156,000.  The average number of days on the market before being sold was 142. 

There was…

  • 1 lake lot sold with a sold price of $156,000
  • 7 golf course frontage lots sold with an average sold price of $16,000
  • 1 mountain-view lot sold with a sold price of $58,000 and
  • 11 interior wooded lots sold with an average sold price of $4,709.

 

 

 

 

 

 

 

Vacant Land

January 1, 2012

 

 

 

Sold in Last 12 Months

 

Currently Listed

 

 

 

 

 

$2,999 or less

 

22

 

35

 

 

 

 

 

$3,000 - $4,999

 

7

 

42

 

 

 

 

 

$5,000 - $7,999

 

8

 

133

 

 

 

 

 

$8,000 - $9,999

 

1

 

45

 

 

 

 

 

$10,000 - $14,999

 

12

 

53

 

 

 

 

 

$15000 to $24,999

 

9

 

81

 

 

 

 

 

$25,000 to $49,999

 

21

 

150

 

 

 

 

 

$50,000 to $74,999

 

4

 

32

 

 

 

 

 

$75,000 to $99,999

 

1

 

26

 

 

 

 

 

$100,000 to $149,999

 

1

 

9

 

 

 

 

 

$150,000 to $199,999

 

1

 

5

 

 

 

 

 

$200,000 to $299,999

 

0

 

4

 

 

 

 

 

$300,000 and Above

 

0

 

1

 

 

 

 

 

All Lots

 

88

 

616

 

 

 

 

 

Sold in Last 12 Months

 

Currently Listed

 

 

 

 

 

 

 

 

 

Wooded Interior Lots

$2,999 or less

 

21

 

32

 

 

 

 

 

 

 

 

 

$3,000 - $4,999

 

6

 

40

 

 

 

 

 

 

 

 

 

$5,000 - $7,999

 

7

 

117

 

 

 

 

 

 

 

 

 

$8,000 - $9,999

 

1

 

37

 

 

 

 

 

 

 

 

 

$10,000 - $14,999

 

4

 

36

 

 

 

 

 

 

 

 

 

$15,000 or more

 

1

 

41

 

 

 

 

 

 

 

 

 

Total Wooded Lots

 

40

 

303

 

 

 

 

 

 

 

 

 

Mountain View Lots

$5,900 to $160,000

 

11

 

50

 

 

 

 

 

 

 

 

 

Golf Frontage and Golf View Lots

$1 to $160,000

 

30

 

188

 

 

 

 

 

 

 

 

 

Lake Frontage and Lake View Lots

$9,000 to $369,500

 

7

 

57

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

88

 

619