Top Medium Teams in Arkansas – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
1NWA Pro RealtyNextHome NWA Pro RealtyBentonville, AR$89,418,150View Profile
2Salmonsen GroupKeller Williams Market Pro RealtyBentonville, AR$51,393,376View Profile
3MAYER TEAMBetter Homes and Gardens Real Estate JourneyBentonville, AR$39,997,546View Profile
4THE SUMBLES TEAMKeller Williams Realty Little RockLittle Rock, AR$39,991,550View Profile
5Team HodgesKeller Williams Market Pro RealtyFayetteville, AR$38,844,830View Profile
6The Price GroupKeller Williams Platinum RealtyFort Smith, AR$33,201,692View Profile

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2022 Market Summary

Arkansas started 2022 with a total of 4,098 single-family homes on the market, with a median home price of $239,000 and an average price per square foot of $147. By the end of the year, inventory had increased to 6,353 homes on the market (+55%), with a median home price of $283,000 (+18%) and an average price per square foot of $164 (+11%).

At the start of 2022, the median days on market (DOM) was 56 days – by the end of the year, median DOM had increased to 70 days.

Arkansas started the year with 20% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 31% of Arkansas homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Arkansas started 2022 as a strong seller’s market, with an MAI score of 50; by the end of the year, the MAI had dropped to 34 – a balanced buyer and seller’s market.

This market summary is powered by Altos Research – click here to run a free report for your area.

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Arkansas News

Top Agent Q&A: Arkansas’ Laura Davis 

Feb 04, 2022By

Laura Davis, the #2 independent agent in Arkansas last year, talks with RealTrends about struggling in the early years, getting leads, and working on weaknesses.