home sales: August Home Sales Trends Remain Positive for Little Rock Area
- 09/10/09 03:30 AM
The Market Absorption Rate continues to move down at the end of August in almost all areas. Out of the eleven areas that are followed in the Little Rock area all but 4 have a listing inventory of under six months and a average days on market of 90 days are less. West Pulaski county, which includes the Chenal area, remains the area with the biggest inventory but this area may have improved the most over the last few months. It has gone from an absorption rate of over a year to now a little under ten months. These trends have … (0 comments)
home sales: Little Rock Arkansas Monthly Trends Report for June Shows Increases in All Areas
- 07/07/09 04:39 AM
The market for homes selling in Little Rock most active areas show increases in the number of sales for 6 months in all areas that are followed except for the Jacksonville which was down. The areas of Little Rock without Cabot and Jacksonville increased by 11%. There was also an increase of number of listings that are on the market for sale, up 31%. So even though sales were up the Absorption Rate and Average Days on the market increased in all areas accept for the Chenal and west Pulaski County area which decrease. Even with this decrease this area remains … (2 comments)
home sales: Some Little Rock Homes Selling Fast
- 06/24/09 05:50 AM
Yes, many homes are selling fast when they hit the market here in Little Rock, but a lot of homes are taking much longer to sell. This gap between those that are selling fast and the slow sellers has expanded in this market. The residential market has become a competition of price and condition that you either win fast or lose. The homes that are priced fairly and in good condition are selling in under 30 days most of the time. The homes that are overpriced for this market either because of the condition or a seller that will not meet … (0 comments)
home sales: Average Days on Market Continues to Improve in Little Rock Area in March
- 05/08/09 07:47 AM
Homes continue to take less time to sale in the most active areas of Little Rock. At the end of February the sales rate to sale all homes on the market was 8.5 months and an average market time of 126 days. At the end of April these numbers have gone down to 7.7 months and a average market time of 115 days. The areas that continue to be the best markets are Little Rock from University to Mississippi, Maumelle, North Little Rock west of John F Kennedy Boulevard, and Sherwood. These area have an average days on the market of … (0 comments)
home sales: Home for Sale in Walton Heights, Little Rock, Arkansas
- 05/22/08 04:55 AM
New listing in Walton Heights • 1,800 sq. ft., 2 bath, 3 bdrm single story "Traditional" - MLS® $174,900 Walton Heights, Little Rock - Fabulous one level home. Gorgeous designer colors throughout. Updated flooring and beautiful tile countertops. Relax in the hot tub on the deck overlooking the very private, peaceful, parklike backyard. Don't miss this very special home. Property information … (2 comments)
home sales: Home for Sale in St Charles area of Little Rock, Arkansas
- 05/22/08 04:50 AM
• 3,155 sq. ft., 4 bdrm 2 story "Soft contemporary" - MLS® $295,000 - Great Saint Charles Value Saint Charles, Little Rock - Saint Charles Addition home with lots of glass and flare. Court yard welcomes you to this spacious home with 2 story entry and living room with fireplace. Family room ,which also has a fireplace, opens to breakfast area and looks out on to large deck great for entertaining. Kitchen has a new tile floor and has been updated recently and conveniently serves a large dining room that looks out onto courtyard. This home has four bedrooms with the master … (0 comments)
home sales: Big On Little Rock Investment
- 05/20/08 06:58 AM
Finally, we get a good news report on Little Rock area growth and the real estate market. I was pleased to be a part of KTHV Channel 11's positive news story last night on the growth of investments in Little Rock. It pointed out how much development is going on and that the growth seem to be continuing in a steady manor. The story was titled Little Rock Big On Investments was run on the 10 o'clock news and is on there web site. It can also be seen at www.todaysthv.com and on their web cast. Positive news like this tell the real story … (0 comments)
home sales: Little Rock Home Sales Back to the Real World
- 04/03/07 01:58 AM
After 3 to 4 years of a market where almost anything would sale and sale quickly, Little Rock home sale market has gone back to the a real world market. What I mean by real world is that historically Little Rock has been an market where homes averaged from90 to 120 on the market. 90 days on the market was considered a good market. A home had to be priced right, prepared for showing and marketed properly to sale quickly. The market is back to the real world. It is not uncommon that when pricing a home to find the average … (0 comments)
Little Rock and Central Arkansas real estate sales information on market conditions, homes for sale, and marketing ideas by Rusty Armstrong of ERA Armstrong Team, REALTORS.
The Market Absorption Rate continues to move down at the end of August in almost all areas. Out of the eleven areas that are followed in the Little Rock area all but 4 have a listing inventory of under six months and a average days on market of 90 days are less. West Pulaski county, which includes the Chenal area, remains the area with the biggest inventory but this area may have improved the most over the last few months. It has gone from an absorption rate of over a year to now a little under ten months. These trends have … (0 comments)
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