Just finished reviewing last month's statistics for home sales in Garland County, and thought you would be interested in an update.  Home sales stayed exactly the same in October as compared to the previous month with 66 total sales.  The condominium sales rose slightly in October with 12 total condo sales, as compared to only 8 total sales the previous month. 

While the total number of home sales rose only slightly, the better news is that the inventory level dropped significantly - from 1,423 to 1,355 total homes actively on the market.  This tells us that some of those sellers "that really don't have to sell" may have taken their home off the market for the fall - which in turn helps reduce the competition for our sellers, and also helps balance the market.  Although the scale is still heavily tipped in favor of the buyers at this time, we consider this a positive sign of the market.

Please click here for the full details of our local market.  We prepare this report monthly and post it on our site, so you may view the report anytime by visiting www.BestofHotSprings.com and then clicking on the "Get the Latest Market Update" button on the left-hand side of the menu.