Current Residential
Today’s market – as
indicated by Central Arkansas Multiple Listing Service
There are currently 1098 lots (up 42 units) on the market with prices ranging from $1 to $369,500.
The average number of days on the market is 339.
There are 228 lots listed at less than $5,000, 370 lots listed at less than $8,000, 473 lots listed at less than $10,000 and 628 lots listed at less than $15,000. These numbers of lots are up significantly in all four categories.
There are 54 lake-front and lake view lots (down 4 units) with an average asking price of $123,850 (up 4.7%),
222 golf course frontage lots (up 14 units) with an average asking price of $44,077 (down about 1.7%),
95 mountain-view lots (unchanged) with an average asking price of $38,734, (down 2.5%),
and 728 interior wooded lots with an median asking price of $8,000 (down 5.9%).
Lots sold and
closed from July 1, 2009 through August 31, 2009.
There have been 20 lots sold (down 5 units) in this time period ranging in sales price from $400 to $82,000 and a median sold price of $6,800. The average number of days on the market before being sold was 146.
There were 2 lake lot sold in the last 60 days with an average sold price of $73,500,
4 golf course frontage lot sold with an average sold price of $33,000,
1
14 interior wooded lots sold with a median sold price of $2,000.
Lots sold and
closed from
There had been 43 lots sold in this time period ranging in sails price from $1,350 to $225,000 and a median sold price of $8,500. The average number of days on the market before being sold was 176.
There were 6 lake lots sold with an average sold price of $87,416,
6 golf course frontage lots sold with an average sold price of $43,916,
4
28 interior wooded lots sold with an average sold price of $6,410.
