NWA Market statistics for February are in!

Overall national trends have seen slowing housing markets (less sales, longer days on market, and significantly fewer new loan applications). Anecdotally, based on the number of price changes and activity levels on listings (showings, agent inquiries, offer submissions, …

Let’s talk numbers! Here's the latest stats for NWA residential real estate market:

For the 5^th straight month, median sale price has held steady or decreased slightly; meaning property values are stabilizing; however, Jan 2024 median sale price was still $9,000 more …

**NWA Market Statistics for December 2023**

With 2023 wrapped up, the escalation in property values seem to have stabilized. The average $/SQFT increased less than 1% from last month. Median sale price was also the same as last month and only 3.1% higher than …

November numbers are in! Generally speaking, the numbers for November look pretty consistent with what someone would expect a November in NWA to look like. None of the statistics stand out as particularly attention getting or noteworthy.

Compared to 12 months ago, all metrics are up except …

NWA Market Statistics for September

Fall has officially started, and it’s starting to reflect in the data. The overall sales dollars and total closed transactions are down from last month as we enter the slower months for real estate sales. Prices saw very marginal changes from August. Only …

With the cyclical nature of real estate sales, we will see the gradual slowing of the market through the fall and winter months. As the final full-month of summer, August still held strong. Generally speaking, August statistics were pretty neutral, in a safe and stable sense. Any signs …

As I teased in the July Market Statistics update, I dug into the data for Residential New Construction in NWA and found significant changes over the last 10 years (2013 to 2023). In the most broad statement I can make, new construction has *boomed* in NWA …

📣📣 WE DID IT!! 📣📣 NWA set a new RECORD HIGH for residential real estate sold in any single month!! We surpassed the $475M mark in June!

We've made it half way through the year, and generally speaking, the market is still fairly consistent with the activity …