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Little Rock Arkansas Home Sale Trends Continues in August

Rusty Armstrong: Real Estate Agent in Little Rock, AR

August home sales, inventory and days on market moved the six month trends up in all three categories. Listings on the market up up the most at 1.73% and continued a upward trend every month since April of this year. Home sales was almost flat being up only .99%. This is the smallest growth in the sale trend since April. West Pulaski County (area 17) which includes Chenal continues to improve but being the area with the longest Absorption Rate it still remains one of the weakest areas for sales to inventory. These numbers compared to last August are up in all three areas from last August numbers. The Average Days on Market are up from 86 to 94 days. All in all not all that much change. Buyers continued to look but there does not seem to be an urgency in the market for them to make a buying decision and until either buyer confidence improves or some factor in the market changes the market will probably remain with these small changes.

August '10
MLS Solds Avg. Solds Active Abs. Rate Aver Days
Area 6 Mos. Per Mo Listings in Mos. on Market
Maumelle 225 37.50 173 4.6 69
Sherwood 251 41.83 239 5.7 86
LR Area 7 354 59.00 339 5.7 86
LR Area 5 216 36.00 210 5.8 88
LRArea 3 141 23.50 151 6.4 96
Area 11 NLR 141 23.50 155 6.6 99
Otter Creek 58 9.67 81 8.4 126
LR Area 17 145 24.17 207 8.6 128
Area 10 NLR 99 16.50 143 8.7 130
All Areas 1630 272 1698 6.3 94
Last Month 1614 269 1669 6.2 93
Cabot 441 73.50 459 6.2 94
Jacksonville 142 23.67 180 7.6 114
All w/C&J 2213 368.83 2337 6.3 95
Chenal only 87 14.50 117 8.1 121
Price Range
100-200 858 143.00 723 5.1 76
201-300 342 57.00 365 6.4 96
301-400 140 23.33 191 8.2 123
401-500 48 8.00 92 11.5 173
501-999 56 9.33 130 13.9 209
1000000+ 10 1.67 45 27.0 405
Solds up 0.99%
listings up 1.73%
DOM Up 1.07%

Chenal Home In Little Rock on Founder's Golf Course

03-09-10
David Lukas
David Lukas: Loan Officer in Little Rock, AR

This home is perfect for the right family. This is home in West Little Rock (Chenal) is listed well below appraised value. I just had to post this as it is great buy for so much house! This home will be featured on The Family Money Show this Sunday March the 14th.

For more pictures Instantly: Text 88735 To 79564





30 Bretagne
Little Rock, AR 72223
Home In Chenal on Founder's Golf Course

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Lisa Richardson


Direct: 501-993-5555
Website: Visit Website


Price : $1,275,000
Bedrooms : 4
Bathrooms : 3.3
Square Foot : 6,808
Lot Size : 47,442
County : Pulaksi
Property Type : Detached
Year Built : 2001
MLS Number : 10219969



click for more information and pictures

Property Description
A beautiful blend of old world architecture that was meticulously designed. This house is marked BELOW the appraisal! It is located on one of the largest lots in Chenal on the Founder's golf course. The house offers a formal dining room, living room, paneled library, large eat-in kitchen,great room, expansive master bedroom master bath on the first level. Upstairs has a media room, excercise room, three bedrooms. Awesome pooloverlooks golf course perfect for entertaining.
Features List
  • Golf Course Frontage
  • Four Car Garage
  • 3 Full Baths, 3 Half
  • Media Room
  • In-Ground Pool
  • Large Lot
  • Equal Housing Opportunity.
    Crye-Leike Realtors : 11600 Kanis Rd. - Little Rock AR 72211 : 501-993-5555

    Apply Online at: DavidLukas.com We have some great loan programs for loans up to $1.5 million.

    Feel Free to contact me anytime.

    David Lukas, CMPS
    National Bank of Arkansas
    WLR Office: 501-280-3435
    Sherwood Office: 501-834-3441
    Mobile: 501-952-3090
    Fax:800-640-8394
    Visit My Website at:http://www.DavidLukas.com|
    I post daily to my blog: www.DailyMortgageReport.com

    Mortgage Market Guide Weekly

    I encourage you to watch the video below entitled "Two Reasons to Buy Sooner Rather Than Later" It is timely information that you need to know if you are considering buying a home in 2010.