Posted by: Rob | September 9, 2011

Your September Real Estate Update

Residential homes sales in August were down slightly versus the same month last year.  More units were sold, however, the total sales volume was down about 6%.  Through August 2011 overall residential home sales are tracking about 6% below last years sales volume.  Below is how sales breakdown YTD according to the Hot Springs MLS.

                                          Units Sold             Total Sales         Avg Sales Price

All  Homes/Condos

LYTD                                     774                          $126.5m               $163,106

YTD                                       755                          $118.6m             $157,046

Non-Lake Homes

LYTD                                      608                         $80.7m               $132,673

YTD                                        609                        $77m                   $126,523

Lake Homes

LYTD                                       85                         $33.2m                 $356,514

YTD                                        78                          $27m                    $346,844

Lake Condos

LYTD                                     81                         $15.2m                   $188,541

YTD                                      68                          $14.5m                   $212,701

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