PulaskiCounty – November Market Analysis and Absorption Rate Figures
The numbers in the chart below represent PulaskiCounty’s Active Listings, Listings Under Contract, and Sold Listings during the month of November.PulaskiCounty’s absorption rate is 11.8 right now.Absorption Rate is determined by dividing the total number of Listings by the Solds in any one month period.Absorption Rate tells us that if nothing else were Listed and Market Conditions stayed the same, it would take consumers (11.8 months) to absorb all of the Listing inventory.
November Market Analysis - PulaskiCounty (Sold Homes Data - 11/1/2008 - 11/30/2008)
Status
Class
Type
Area
No. of Listings
Dollar Volume
Average Price
Median Price
Average DOM
Active Listings
2880
$692,549,164
$240,468
$173,200
140
Listings Under Contract
312
$61,863,402
$198,280
$136,450
76
Listings Sold Nov. 2008
244
$38,731,252
$158,735
$133,750
87
Sold
Residential
Condo/Townhse/Duplex/Apt
LIT - WEST LITTLE ROCK (NORTH)
3
$708,500
$236,167
$250,000
263
LIT - WEST LITTLE ROCK (NORTHWEST)
2
$195,000
$97,500
$97,500
37
Sub Total
5
$903,500
$180,700
$153,500
172
Detached
LITTLE ROCK (DOWNTOWN)
8
$186,500
$23,313
$19,750
245
LITTLE ROCK (HEIGHTS/HILLCREST)
10
$2,927,300
$292,730
$159,750
84
LITTLE ROCK (UALR)
5
$304,150
$60,830
$60,000
70
LIT - WEST LITTLE ROCK (NORTH)
25
$5,076,700
$203,068
$148,000
59
LIT - WEST LITTLE ROCK (CENTRAL)
11
$1,235,500
$112,318
$104,000
68
LIT - WEST LITTLE ROCK (NORTHWEST)
32
$7,187,338
$224,604
$204,000
88
LIT - SOUTHWEST LITTLE ROCK (CENTRAL)
4
$271,500
$67,875
$66,500
69
LIT - SOUTHWEST LITTLE ROCK (SOUTH)
16
$1,091,400
$68,213
$68,000
81
NORTH LITTLE ROCK (WEST/CRYSTAL HILL)
15
$1,129,801
$75,320
$84,000
59
North Little Rock (CENTRAL)
11
$1,715,300
$155,936
$120,000
72
NORTH LITTLE ROCK (DOWNTOWN/EAST)
6
$258,051
$43,009
$23,450
70
JACKSONVILLE
17
$1,804,200
$106,129
$123,000
115
BRYANT
1
$135,000
$135,000
$135,000
79
PULASKICOUNTY WEST
9
$2,594,550
$288,283
$287,900
132
MAUMELLE
21
$4,367,312
$207,967
$185,000
93
LIT - OTTER CREEK, WESTFIELD & SURROUNDING AREAS
4
$629,400
$157,350
$147,500
110
SHERWOOD
24
$3,661,000
$152,542
$140,000
73
PULASKICOUNTY (NORTH)
2
$298,500
$149,250
$149,250
83
NORTH LITTLE ROCK - EAST OF I-440 TO LONOKE CTY LINE
1
$178,000
$178,000
$178,000
195
Sub Total
222
$35,051,502
$157,890
$129,900
88
Mobile/Mod/Mfg w/Property
PULASKICOUNTY WEST
1
$18,000
$18,000
$18,000
159
SHERWOOD
1
$12,000
$12,000
$12,000
6
Sub Total
2
$30,000
$15,000
$15,000
83
Patio Home
LIT - WEST LITTLE ROCK (NORTHWEST)
6
$1,175,700
$195,950
$183,450
83
MAUMELLE
1
$144,000
$144,000
$144,000
59
LIT - OTTER CREEK, WESTFIELD & SURROUNDING AREAS
1
$200,000
$200,000
$200,000
38
Sub Total
8
$1,519,700
$189,963
$183,450
74
Sold Before Listed
Residential
Detached
LIT - WEST LITTLE ROCK (CENTRAL)
1
$66,500
$66,500
$66,500
0
LIT - WEST LITTLE ROCK (NORTHWEST)
2
$592,000
$296,000
$296,000
1
NORTH LITTLE ROCK (DOWNTOWN/EAST)
1
$175,000
$175,000
$175,000
0
NORTH LITTLE ROCK - EAST OF I-440 TO LONOKE CTY LINE
