So in an effort to give you some actually meaningful statistics, I am going to compare data of Homes SOLD. I am going to look at Garland County again, and compare Lakefront AND residential home sales for the same period of time (at least I'll see if I can)
THIS YEAR so far, there have been 887 homes sold in the Hot Springs, Garland County area through members of the Hot Springs Board of Realtors®. The average price of a SOLD home was (so far) was $182,225 with a median sold price of $137,000.
LAST YEAR, same timeframe... 828 homes sold in the same criteria and same reported Board. The average price for a sold home was $189,782 and the median sold price was $149,900.
There has been 4.5 million dollars more homes sold so far this year than the last reported year to date.
Again, your data needs would be different...this is general data.