September 2022 Northwest Arkansas Real Estate Market Update

Have the negative headlines kept from entering the real estate market here in Northwest Arkansas? Nervous about buying or selling your home because you are unsure what’s coming in the market? Today, we are going to break down what’s happening in the real estate market here in Northwest Arkansas so that you can make the best decision when it comes to probably one of your largest assets, which of course is your home.

Single Family Home Sales in Benton and Washington Counties

At the time of this post, there are 892 active single family homes listed in Benton county, 1066 homes pending, and 544 homes were sold in the last 30 days. Homes sold for an average of $399,033 and were on the market an average of 21 days before going pending. In Washington County, we have 493 active single family homes on the market with 559 pending and 314 sold in the last 30 days. The average sale price was $383,916 after spending 31 days on the market before going pending.

With the changing market, it is no surprise to us that homes are staying on the market longer. With the constant shifts, you need an experienced agent to help guide you navigate through your next moves in real estate. Connect with my team today to get more information and we can strategize about the best move for your home.