Current Home Market

Hot Springs Village, Arkansas

May 1, 2009

 

Today’s Market–as indicated by Central Arkansas Multiple Listing Service

 

  • There are currently 368 detached homes on the market (up 23 units) with prices ranging from $69,500 to $1,550,000.  There are 23 detached homes currently listed at less than $100,000, 87 homes listed at less than $150,000 and 153 homes listed at less than $200,000.  These numbers are up from last month. The average number of days on the market is 166.

 

    • There are currently 57 detached lake-front and lake view homes with an asking prices ranging from $239,500 to $1,550,000 and an average asking price of $496,659 (down 0.6%).

 

    • 81 detached golf course frontage homes with asking prices ranging from $153,995 to $769,500 and an average asking price of $326,995 (down about 1.2%).

 

    • 28 detached mountain-view homes with asking prices ranging from $99,900 to $554,900 and an average asking price of $336,003 (up 3.9%).

 

    • 207 detached homes on interior wooded lots with asking prices ranging from $69,500 to $399,000 and an average asking price of $179,701 (down 1.4%).

 

 

  • There are 77 townhomes and patio homes on the market with asking prices ranging from $69,500 to $379,500 and an average asking price of $147,831 (down 0.7%).

 

    • There are 22 lake front and lake view townhouses with asking prices ranging from $78,500 to $379,500 and an average asking price of $200,288 (down about 4.3%).

 

    • 5 golf and golf view townhouses ranging in asking price from $79,900 to $305,000 with an average asking price of $204,860 (down 12.9%).

 

    • 51 townhouses on wooded interior lots with asking prices ranging from $69,900 to $309,900 and average asking price of $118,429 (up about  33.6%).

 

  • There are currently 42 homes on the market that are new construction or homes still under construction.  The asking prices of these homes range from $142,900 to $899,000 with an average asking price of $325,552 (down about 2.3%).

 

 

Home sales in the last six months

(November 1, 2008 through April 30, 2009)

 

  • There were 100 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 $194,500 (down 14.5%).  The average number of days on the market before being sold was 137. 

 

    • 8 detached lake homes sold with sale prices ranging from $306,000 to $399,900 and an average sold price of $348,757 (down 3.3%).

 

    • 18 detached golf course frontage homes sold with sale prices ranging from $174,900 to $595,000 and an average sold price of $334,155 (down 0.2%)

 

    • 5 mountain-view homes sold with sale prices ranging from $191,500 to $379,900 and an average sold price of $311,480 (up 21.8%).

 

    • 72 homes on interior wooded lots sold with sale prices ranging from $59,500 to $600,000 and an average sold price of $184,275 (down about  4.7%).

 

 

  • There were 18 townhomes 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 $116,695 (up about 13.5%).

 

    • 3 lake front or lake view townhomes and patio homes sold with sold prices ranging from $173,000 to $205,000 and average sold price of $192,373 (up about 14.8%).

 

    • 3 golf front or golf view townhomes and patio homes sold with sold prices ranging from $45,000 to $178,000 with an average sold price of $102,666 (down 21.9%).

 

    • 12 townhomes and patio homes on interior wooded lots with sold prices ranging from $63,000 to $17,000 and an average sold price of $101,283 (down about 17.5%).

 

  • There were 31 new construction homes sold in the last 6 months with sold prices ranging from $189,900 to $600,000 and an average sold price of $309,071 (unchanged).

Home sales in the same six months of last year

(November 1, 2007 through April 30, 2008)

 

  • There were 188 detached homes sold in this time period ranging in sales price from $68,500 to $745,000 and with a median sold price of $220,000.

 

    • There were 25 detached lake homes sold with sale prices ranging from $27,000 to $745,000 and an average sold price of $433,668

 

    • 36 detached golf course frontage homes sold with sale prices ranging from $118,000 to $454,257 and an average sold price of $180,261

 

    • 13 mountain-view homes sold with sale prices ranging from $189,500 to $515,000 and an average sold price of $263,903.

 

    • 115 homes on interior wooded lots sold with sale prices ranging from $68,500 to $520,000 and an average sold price of $189,682.

 

 

  • There were 27 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 $138,977.

 

    • There were 6 lake front or lake view townhouses and patio homes sold with sold prices ranging from $127,000 to $279,000 and average sold price of $188,583.

 

    • 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.

 

    • 19 townhouses and patio homes on interior wooded lots with sold prices ranging from $55,000 to $262,000 and an average sold price of $118,284.

 

There were 52 new construction homes sold in this time period with sold prices ranging from $131,000 to $515,000 and an average sold price of $287,235.