Hot Springs Real Estate Market Report, January 15,2014 (Single Family homes for sale, residential and waterfront)
Well I figured I'd give it some time. Actually, I've been snoozing, but it is much better to say that I have been intentionally pausing to give a larger gap in the statistical analysis... sounds good, huh?
Here is the current up to date info from the Hot Springs Board of Realtors® Multiple Listing Service as of Jan.15,2014 compared to October 21st of last year...
The first data set will include both Residential homes for sale in Hot Springs and Garland County, AND waterfronthomes for sale in Hot Springs and Garland County (all non contingent).
As of 10:00-10:15 am CST today (it changes moment by moment):
There are 755 (down from the 844 from last report) Homes currently listed for sale (non-contingent) in Hot Springs and Garland County within the hot Springs Board of Realtors® multilist. Inventory has reduced significantly.
These range in price from $10,000 to $4,500,000 resulting in an average Hot Springs home price of $264,898 (down s about $10,000) and a median price of $179,000 (again, down by about $10,000). This includes BOTH Residential Homes for sale AND waterfront homes for sale.
Filtering by home type:
Residential Homes for sale in Hot Springs, Garland County (non waterfront):
There are 600 Active (down by 64 from October), non-contingent listings, ranging from $10,000 to $1,700,000 with an average Home price of $182,905 (down again by a bit over $10,000) and a median price of $150,000 (down again by almost $10,000).
Waterfront Homes for sale in Hot Springs (Garland County):
There are 155 Active, non-contingent listings ( 35 less than last report), the range is from $94,90000 to $4.500,000 with an average Home price of $582,259 (UP almost $ 20,000) and a median price of $445,0000 (Up negligently). These areWATERFRONT homes for sale in Hot Springs, Garland County Currently Active in the hot Springs Board of Realtors® multilist.
Although this data is probably much more accurate than what you will find on your own, It is general, and therefore not specific to your very specific needs (look for the earlier posting in "Statistical Overload").
If you have specific needs (and you do), give me a call (read the thing on the website about no pressure). If you are working with an agent, that agent should be able to obtain this same statistical info for you. If they can't, you should think seriously about changing agents. You really should steer clear of an agent that is NOT in the market you are looking in, no matter how great they are or how much you like them. They simply do not have the data at their fingertips. This goes for listing also, but that was handled in another post... (Doesn't that make sense?)
On specific needs (an example would be if you are looking for a strictly 3/2 RESIDENTIAL home (non waterfront), Garland County,the data would change a great deal...to: 291 listings (down slightly at 6), Ranging from 29,900 -$499,900 (which is unchanged again); average: 164,714 (up over $1,000); median: 152,900 (up around 1,000).
This is your Hot Springs Homes for sale Data for 10:15am, today(January 15, 2014). This info does NOT contain any information on Condos, Manufactured (except waterfront) for sale in Hot Springs, or Land for sale in Hot Springs. Shoot me an email and I'll look it up for you, custom for your criteria (down to neighborhood, school district, whatever I can plug in to the big$$$ search engine I have :)
Hope the new year is bright with promise for ya!