Here are some key points from this months Northwest Arkansas market snapshot:

  • Home inventory was down 5% overall for the areas we cover, but Springdale showed a positive 3%.
  • The average sales price rose $4,000 for the month of July with Springdale having the largest gain of over $30,000.
  • The average days on market and number of homes sold are also both on the rise which makes now a great time to sell your house.

The low inventory is not stopping home buyers from taking advantage of the all time low interest rates. The low inventory we are experiencing is making now a great time to sell your home if it's something you've been thinking of.

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.