Another solid month for the NWA residential market!!!

Closed properties were up from November; just shy of 27M more dollars sold or 72 more closed transactions (7% gain for both metrics).

Sold residential properties have hovered around $218/SQFT for the last 6 months, a sign of stabilizing prices. Another …

NEW MARKET STATISTICS! The seasonal winter slowdown is upon us, but it’s not doom-&-gloom. Here’s what the data shows us…

Signs of the Seasonal Slowing:
-> Active listings were down almost 200 (or 4.1%) from last month
-> New listings were down 240 (or 17.1%) from last month
-> …

📣 📣 A HALF-BILLION DOLLAR MONTH!!! 📣 📣

That’s right! NWA residential sales in August surpassed $500M. Impressive!! That represented a 13% increase from last month’s total residential sales dollars.

Median sold price for a property hit the $350K mark; a threshold we have only met …

July was another healthy month for residential real estate in NWA.

July was down slightly from June for many statistics. Both total sales dollars and total number of closed transactions were down 5% and 2.2% respectively. Although compared to a year ago, July was significantly …

📣 NEW RECORD for NWA!! 📣

June’s residential total sales dollars of $489M is the highest single-month total in NWA history!! This was $27M more than last month’s sales, and $9M more than the previous record month (June 2023).

As we hit the official halfway mark …

**May Market Statistics for NWA**

By all indications, the market is still doing well. Months of inventory (MOI), the ratio of original list price to sale price, and average sales price per square foot all saw very little or no change. A sign of a steady market. The number …

⭐️ NWA Market Statistic for April 2024 ⭐️

April was a solid month for residential real estate sales in NWA, but surprisingly there’s not a whole lot to say about it.

Every metric was up or had no change from March except median days on market which saw an …