Here are some key points from this months market snapshot:
- The inventory continues to be really low in the River Valley market with only 422 homes for sale in the areas covered here. This is down 3% from the already low number last month.
- The low inventory is not stopping buyers that are looking to purchase a home with these low interest rates. Home sales were up 9% over last month.
- What does low inventory + rising sales numbers equal? It equals lower days on the market and higher sales prices for the home owners looking to sale.
If you have thought about selling your home, you're not going to find a better time than now!
As always, give us a call, text, or email if you ever have questions about the housing stats here in the Fort Smith region, or in your specific neighborhood.