The numbers in the chart below represent Pulaski County’s Active Listings, Listings Under Contract, and Sold Listings during the month of December. Pulaski County’s absorption rate is 9.9 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 (9.9 months) to absorb all of the Listing inventory. Homes in December of 2008 in Pulaski County sold for 95.9% of the list price.
December 2008 Market Analysis - Pulaski County (Sold Homes Data - 12/1/2008 - 12/31/2008)
Status
Class
Type
Area
No. of Listings
Dollar Volume
Average Price
Median Price
Average DOM
Active Listings
2742
$662,004,170
$241,431
$174,900
140
Listings Under Contract
338
$67,360,934
$199,293
$136,750
79
Listings Sold Dec. 2008
277
$41,925,522
$151,356
$132,000
88
Sold
Residential
Condo/Townhse/Duplex/Apt
LITTLE ROCK (DOWNTOWN)
1
$18,000
$18,000
$18,000
13
LITTLE ROCK (HEIGHTS/HILLCREST)
2
$294,889
$147,445
$147,445
169
LIT - WEST LITTLE ROCK (NORTH)
2
$279,000
$139,500
$139,500
22
LIT - WEST LITTLE ROCK (NORTHWEST)
3
$449,900
$149,967
$173,000
73
MAUMELLE
1
$81,500
$81,500
$81,500
48
Sub Total
9
$1,123,289
$124,810
$138,000
74
Detached
LITTLE ROCK (EAST)
1
$2,000
$2,000
$2,000
95
LITTLE ROCK (DOWNTOWN)
6
$557,500
$92,917
$51,000
194
LITTLE ROCK (HEIGHTS/HILLCREST)
15
$3,414,100
$227,607
$176,000
115
LITTLE ROCK (UALR)
6
$223,650
$37,275
$41,375
134
LIT - WEST LITTLE ROCK (NORTH)
17
$2,379,700
$139,982
$144,000
69
LIT - WEST LITTLE ROCK (CENTRAL)
11
$1,220,847
$110,986
$88,700
111
LIT - WEST LITTLE ROCK (NORTHWEST)
30
$7,343,900
$244,797
$182,450
88
LIT - SOUTHWEST LITTLE ROCK (CENTRAL)
11
$731,801
$66,527
$65,000
65
LIT - SOUTHWEST LITTLE ROCK (SOUTH)
12
$956,350
$79,696
$84,075
120
NORTH LITTLE ROCK (WEST/CRYSTAL HILL)
13
$1,059,968
$81,536
$75,000
86
North Little Rock (CENTRAL)
19
$3,089,401
$162,600
$130,000
67
NORTH LITTLE ROCK (DOWNTOWN/EAST)
13
$1,088,001
$83,692
$33,000
102
JACKSONVILLE
18
$2,024,700
$112,483
$117,950
81
BENTON
1
$120,000
$120,000
$120,000
55
PULASKI COUNTY WEST
9
$2,727,600
$303,067
$320,000
81
MAUMELLE
22
$4,931,800
$224,173
$235,000
89
PULASKI COUNTY (EAST)
1
$56,900
$56,900
$56,900
100
LIT - OTTER CREEK, WESTFIELD & SURROUNDING AREAS
7
$1,062,600
$151,800
$149,900
134
SHERWOOD
36
$5,264,300
$146,231
$131,000
82
PULASKI COUNTY (NORTH)
3
$256,485
$85,495
$87,685
58
SHERIDAN SCHOOLS (SALINE COUNTY)
1
$107,100
$107,100
$107,100
165
NORTH LITTLE ROCK - EAST OF I-440 TO LONOKE CTY LINE
2
$377,900
$188,950
$188,950
127
Sub Total
254
$38,996,603
$153,530
$133,250
92
Mobile/Mod/Mfg w/Property
JACKSONVILLE
1
$34,000
$34,000
$34,000
90
CABOT SCHOOL DISTRICT
1
$44,500
$44,500
$44,500
51
Sub Total
2
$78,500
$39,250
$39,250
71
Rural Residential
SCOTT AR AND PCSSD EAST
1
$119,500
$119,500
$119,500
0
Sub Total
1
$119,500
$119,500
$119,500
0
Patio Home
LIT - WEST LITTLE ROCK (NORTHWEST)
1
$170,000
$170,000
$170,000
56
Sub Total
1
$170,000
$170,000
$170,000
56
Sold Before Listed
Residential
Condo/Townhse/Duplex/Apt
LIT - WEST LITTLE ROCK (CENTRAL)
1
$200,000
$200,000
$200,000
0
Sub Total
1
$200,000
$200,000
$200,000
0
Detached
LITTLE ROCK (HEIGHTS/HILLCREST)
2
$330,000
$165,000
$165,000
2
LIT - WEST LITTLE ROCK (NORTH)
1
$100,000
$100,000
$100,000
3
North Little Rock (CENTRAL)
1
$129,950
$129,950
$129,950
0
MAUMELLE
2
$235,250
$117,625
$117,625
0
SHERWOOD
1
$192,480
$192,480
$192,480
0
NORTH LITTLE ROCK - EAST OF I-440 TO LONOKE CTY LINE
