The Local Market Scoop for Homes in Little Rock
When I woke up this morning I was shocked to see the news about housing front and center again. I understand the market is in bad shape in some places of the U.S but not every region. I learned last week that the media gathers there information from Tax Assessors and the Mortgage companies. That data is not as current as the MLS. 80 % + of homes are sold in the U.S. through a Realtor. I compiled a quick summary of what is happening in the Little Rock Real Estate Market. I think you will find this interesting. I did..
Yearly Trends in Pulaski County
Year Ttl Listed #Sold % Sold Avg List $ Avg. Sale $ LP/SP $ DOM %Expired
2005 7458 5518 74% $172,134 $168,372 97.81% 57 0.58%
2006 9227 5506 60% $174,000 $170,198 97.59% 68 13.04%
2007 9100 4796 53% $180,633 $175,560 97.19% 76 17.49%
Yearly Trends in Hillcrest/Heights/Mid-Town/West Little Rock/Chenal/Ferndale/Maumelle/North Little Rock
2005 3497 2663 76.15% $243,206 $237,645 97.71% 53 0.43%
2006 4231 2630 62.16% $241,164 $235,401 97.61% 54 13.05%
2007 4159 2243 53.93% $248,769 $241,156 96.94% 69 16.37%
The Kerry Ellison Team
1514 Market Street, Ste. B 100
Little Rock,AR 72211
501-529-8809 Cell Phone
Email:KerryEllison@kw.com
Website:www.KerryEllison.com
****This information is deemed was gathering from the Central Arkansas MLS***** Keller Williams Realty, Each office is independently owned and operated.
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