After a weak September, the market picked up in October. Based on figures from the Hot Springs Board of Realtors, MLS sales of residential homes were 15% higher versus the same period last year. Low interest rates and an ample supply of inventory fueled the growth. We are still below our year-to-date numbers so far this year, but have closed the gap a little. Below are the YTD numbers.
Units Sold Total Sales Avg Sales Price
All Homes/Condos
LYTD 956 $157.6m $164,863
YTD 925 $148.1m $160,129
Non-Lake Homes
LYTD 745 $98.1m $131,599
YTD 736 $93.6m $127,204
Lake Homes
LYTD 112 $40.9m $365,307
YTD 107 $37.6m $351,599
Lake Condos
LYTD 99 $18.7m $188,418
YTD 82 $16.9m $205,856
