We are halfway thru the year 2011. It ‘s been an interesting 6 months. We felt like we had some momentum coming out of 2010. Residential sales were up slightly last year versus 2009. However, we started the year off slow and have not caught up with last year’s sales. Residential sales based on the Hot Springs Board of Realtors MLS are down 11% year-to-date vs last year.
These numbers do not reflect most of the bank auctions on lake condos the past year.
Here is how the sales break down:
Units Sold Total Sales Avg Sales Price
All Homes/Condos
LYTD 585 $93.5m $159,996
YTD 542 $81.8m $150,973
Non-Lake Homes
LYTD 470 $61.9m $131,726
YTD 445 $54.5m $122,432
Lake Homes
LYTD 57 $20.7m $364,098
YTD 41 $13.6m $342,905
Lake Condos
LYTD 58 $10.9m $188,165
YTD 48 $10.5m $219,645
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