Colorado and Arkansas.... you'll be surprised how very similar they are!
Can you guess which photos were taken in Colorado and which are of Arkansas?
As mortgage brokers, we’ve worked with many home owners who have relocated for careers and life style changes. We’ve also worked with many residential and commercial real estate investors. Over the years, we learned about many real estate markets across the United States. Of course, Colorado was our primary location for over 25 years, so we were very familiar with our growth. We were surprised to hear more and more about Arkansas, particularly the Northwest, Little Rock and Hot Springs area. Many of our friends and clients were actually relocating from Colorado to these areas, so we decided to take a look ourselves….. and fell in love!
Denver, CO saw an overall increase at 3.3% with an average sale price of $428K and an average $256 a sq ft, a small 0.2% increase from 2018.
Little Rock Arkansas
Little Rock, AR saw an overall 15% increase in market value from 2018 with an average sale price of $197K or an average $102 per sq foot, a 7.9% increase from the year before.
Colorado Springs, CO
Colorado Springs saw an increase of 8.9% from last year, with an average sale price of $310K, and at $147 a sq ft, also a 8.9% increase from last year.
Benton County, AR (Bentonville, Rogers, Springdale & surrounding cities included)
Average Sale for Benton County as a whole was $250K, a 5% gain from 2018.
We work with the BEST Realtors in both Colorado and Arkansas!
For a great referral, more information on the featured listings and/or more information on relocating to either state, please contact us.
Call us at 720-608-1644
or use this form to send us a message New Season Mortgage.
If you guessed both photo’s on the left are of Arkansas, you guessed correct!