Little Rock Homes Blog

July home sale market numbers for Little Rock continued on the same course as June trends. Closings for July were up by 6.25% but properties for sale in creased by 2.14%. June saw increase in both numbers but July was a much bigger increase in closings and much smaller increase in the number of properties for sale. Both very positive for the ...

After just under a 14% increase in sold homes in May, June's only showed a 3.1% increase. Obviously a result of a slowing of closings after the Tax Credit ending of contract time at the end of May. The number of listings on the market also increase in both months but instead of slowing, the number of listing increase. May had a 3.1 % increase ...

The number of single family homes that sold over the previous six months continued to go down from a high at the end of November 2009. The number of homes of the market for sale had also been going down but this number was gone up by 4.12% at the end of March. The Absorption Rate (number of months need to sale all the homes on the market and ...

Forbes has listed Little Rock, North Little Rock, and all of central Arkansas as # 2 on the list of American cities where you can get the best "Bang-For-The-Buck". It ranks metropolitan areas in eight categories. These categories include housing affordability, travel time, taxes, employment and the outlook for the future. Little Rock has ...

After many months trending in a positive direction for the Little Rock home sale market, for the second month in a row it has reversed and moved back. In fact a the end of January the number of sold homes was down almost 20% as compared to the end of December 2009. From the end of November sold homes for the target areas are down about 26% as ...

Sales for the six month period from June 1 through November continue to increase each month. Average days on the market for the target areas has drop to 64 days down from 77 days at the end of October. For the first time every area showed improving numbers over the October numbers. The number of sales increased about 5% and the number of homes for ...

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In these reports we have been looking at the Absorption rate on home sales by area. Today I looked at how sales were doing by price range. The most active price range is below $300,000. First Time Buyer Tax Credit, FHA  and VA loan limits contribute to making these price ranges sell well. Within these price homes the most activity in in the ...

This monthly report has been tracking the home sales trends in the most active areas of Little Rock, North Little Rock and Maumelle. Each month it looks at the number of sold properties in the past 6 months and using that sales rate to see how many months it would take to sale all the listed homes at this sales rate. Using these figures it show a ...

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 ...