Search results matching tag 'For Sale'

Inventory Drops to its Lowest in Over 4 years!

189123 — Wed, 09 Nov 2011 20:02:00 GMT

The market stats are in ... and while the overall pictures isn't glowing with improvement, we were able to find a silver lining in the cloud and a bit of positive news. Below is the overall year-to-date report (information obtained from the Hot Springs Board of Realtors® mls):

Average Days on Market

1/1/10 – 10/31/10: 172

1/1/11 – 10/31/11: 166

Number of Listings Sold

1/1/10 – 10/31/10: 1067

1/1/11 – 10/31/11: 1039

Average Price of Sold Listings

1/1/10 – 10/31/10: $152,158

1/1/11 – 10/31/11: $150,605

MLS Sold Volume

1/1/10 – 10/31/10: $162,353,137

1/1/11 – 10/31/11: $156,478,698

Then when we looked closer at the detailed report (click here for details), we noticed one really POSITIVE factor. Inventory is at the lowest we have seen it in at least 4 years (total of 1072 homes on the market vs. an average of 1350 homes on the market in our area). We think this could be a good indicator that our market may start to improve soon. With inventory steadily dropping, we hope to see the pendulum swing back a little more evenly and start to level out the supply and demand.

With inventory at its lowest, NOW may be your best chance to sell your home so let’s make sure it’s priced right, dressed right and it’s out-shining the competition. If you have any questions or would like to talk more, please feel free to give us a call at 501.655.6247 or 501.276.4446.

Open House in Lotus Valley on Sunday

189123 — Wed, 20 Apr 2011 22:00:00 GMT

[calendar:2011-05-08 2011-05-08]

Lotus Valley, Hot Springs - We invite everyone to visit our open house at 121 Lotus Loop on May 8 from 1:00 PM to 3:00 PM.

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Hot Springs Market Update from the Kennedy Team

189123 — Wed, 06 Oct 2010 02:26:00 GMT

Thought you might be interested in the latest real estate market update, so we would like to share the latest news.

While September is generally the month that we start to see fewer buyers as we face the fall and winter seasons in our market, this September has been a little different this year and sales are holding steady.

Below is an overview as compared to the peak summer season (according to our local mls):

Jun Home Sales: 93

Jul Home Sales: 68
Aug Home Sales: 92
Sep Home Sales: 91

While home sales are holding steady, the better news is that the inventory is dropping – creating less competition for our sellers! Here’s an overview of the inventory (according to our local mls):

Jun 30 Homes on the Market: 1476
Jul 30 Homes on the Market: 1485
Aug 30 Homes on the Market: 1431
Sep 30 Homes on the Market: 1368

For a more detailed report of last month’s activity, please click here.

Another good indication of the buyer activity is the number of web site hits we receive, and again, September was awesome! We received 110,972 hits to our primary website –www.BestofHotSprings.com for the month of September, while we averaged 87,000 hits during the summer months.

Along with the above statistics, the Kennedy Team is also pleased to mention that in spite of this tougher economic state - our team is working hard, performing well, and holding the #4 position in residential sales in our area with $6,365,700 in closed transactions as of this month. So if you or someone you know is thinking about selling a home, we would be happy to help.

We’ll continue to keep you updated on the latest news, and please feel free to call or email us with any thoughts or questions.

Open House in Quail Ridge Estates on Thursday

189123 — Tue, 05 Oct 2010 16:21:00 GMT

[calendar:2010-10-21 2010-10-21]

Quail Ridge Estates, Hot Springs - We invite everyone to visit our open house at 496 Quail Ridge Drive on October 21 from 11:30 AM to 1:00 PM.

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Open House in Garland County on Wednesday

189123 — Tue, 05 Oct 2010 16:20:00 GMT

[calendar:2010-10-13 2010-10-13]

Garland County, Arkansas - We invite everyone to visit our open house at 138 Sundance Trail on October 13 from 11:30 AM to 1:00 PM.

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2 Story For Sale in Dogwood Haven

189123 — Thu, 28 Feb 2008 21:58:00 GMT

[photo:listing:1150907]
Exceptionally Gracious!

• 4,800 sq. ft., 4 bath, 4 bdrm 2 story - MLS® $1,699,000 - Million Dollar View!

Dogwood Haven, Hot Springs - This handsome waterfront estate takes on some of the characteristics of Frank Lloyd Wright's "Prairie" Style architecture. Frank Lloyd Wright is credited with creating a uniquely American style of house. This organic style of architecture is defined by clean lines, natural materials & a high degree of craftsmanship. Note the low-slung horizontal perspective that is broadcast from the view in the front. Its smooth-finish exterior consists of a combination of brick, natural stone and stucco, which works subconsciously to suggest the concept of balance & clean lines.

Here is a summary of some of the home's striking features. The back yard setting looks like something you'd see featured in a magazine spread of a movie star's home--it is a tapestry of elements that will make you think you are on vacation at a resort. There are covered and exposed outdoor living areas, with multi-level balconies extending the full length of the home--all of it built around the central focus of the breath-taking views of Lake Hamilton, the mountain range, and the city lights of downtown Hot Springs.

Stone paths, smooth rocks and beautiful landscaping make for a nice stroll down to the shoreline, with several places to stop and relax with natural stone benches along the pathway. Near the shoreline, you'll find a cedar arbor & swing with beautiful flowering vines entwined along its wooden slats. As you walk a little further, you'll find another nice sitting area on the other side of its boat house, with beautiful flagstone rock as its foundation & a great place for your iron patio furniture & hammock for a leisure day of relaxation.

If you love boating, you'll love its great two-stall boat house, and new custom-built single-stall covered boat dock, complete with a boat lift & two seadoo pads. You'll have plenty of space to store your over-sized Cruiser and party barge, & still have room for your guests to park their boat, when they arrive by water.

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Lot / Land For Sale in Driftwood Point

189123 — Thu, 14 Feb 2008 22:42:00 GMT

[photo:listing:452944]
Prime Location!

• lot / land "Lake Access" - MLS® $44,000 - Lake Access

Driftwood Point, Hot Springs - Prime Location: Realistic Price! This great wooded corner lot is located in the exclusive Driftwood Point community with Lake Hamilton across the street. Great neighborhood with lake access.

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Lot / Land For Sale in Driftwood Point

189123 — Thu, 14 Feb 2008 22:17:00 GMT

[photo:listing:239598]
Exclusive Neighborhood

• lot / land "Lake Access" - MLS® $49,000 - Lake View & Lake Access

Driftwood Point, Hot Springs - DRIFTWOOD POINT LOT ON HILLSIDE with view of Lake Hamilton. Beautiful lot in exclusive area with lake access and boat ramp. Area of million dollar homes!

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Lot / Land For Sale in Bayview Estates

189123 — Fri, 01 Feb 2008 22:50:00 GMT

[photo:listing:1513025]
Sound Choice

• lot / land "Waterfront Property" - $349,000 - Be Choosy!

Bayview Estates, Hot Springs

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2 Story For Sale in Driftwood Estates

189123 — Thu, 31 Jan 2008 15:04:00 GMT

[photo:listing:1191230]
Elaborate Estate for Entertaining

• 5,000 sq. ft., 3 bath, 4 bdrm 2 story "Mediterranean" - $1,899,000 - Not Just for Show

Driftwood Estates, Hot Springs - Inspired by seaside Renaissance-era villas, Mediterranean home plans take their primary design cues from romantic Italian and Spanish architecture. A perennial favorite in Florida and California, Mediterranean homes with a Tuscan sensibility have comfortably settled into open rolling landscapes found here in Arkansas.

This stunning Mediterranean estate is situated on the beautiful Lake Hamilton in Hot Springs. Its lovely balconies with concrete railings give this home an exotic feel, while large windows allow the brilliance of nature to shine in. Its open floor plan is the perfect setting for party guests to circulate freely between gracious rooms that open onto its beautiful veranda with lush gardens and fountains, with stunning views of Lake Hamilton.

You will also give high marks to the floorplan and the placement of rooms. The large master bedroom is on the main floor of the house, and the three secondary bedrooms are all on the second floor, along with another family room and partial kitchen to offer separate living for guests with plenty of privacy.

Its stuccoed facing is accented with beautiful imported clay tile roofing and highlighted with several bell towers or "campanarios". It then features several charming arches, arched windows, and ornate door surrounds. This home has a warm sense of hospitality that never goes out of style.

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