Top Medium Teams in Arkansas – Ranked by Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    1NWA Pro RealtyNextHome NWA Pro RealtyBentonville, AR$81,346,536View Profile
    2Blair Taylor TeamKeller WilliamsFayetteville, AR$37,527,993View Profile
    3The Sumbles TeamKeller WilliamsLittle Rock, AR$28,523,211View Profile
    4Pixel PropertiesREAL BrokerLittle Rock, AR$27,915,175View Profile
    5The Ellison GroupKeller WilliamsLittle Rock, AR$27,908,305View Profile

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    2023 Arkansas Housing Market Summary

    Arkansas started 2023 with a total of 6,060 single-family homes on the market, with a median home price of $285,000 and an average price per square foot of $166. By the end of the year, inventory had increased to 7,951 homes on the market (+31%), with a median home price of $295,000 (+3%) and an average price per square foot of $173 (+4%).

    At the start of 2023, the median days on market (DOM) was 70 days – by the end of the year, median DOM had increased to 77 days.

    Arkansas started the year with 31% 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 30% of Arkansas homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Arkansas started 2023 as a seller’s market, with an MAI score of 42; by the end of the year, the MAI had dropped to 30 – 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.

    Real Estate News

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    Opinion: How real estate will come back stronger 

    Oct 14, 2024By

    The latest tumult in real estate feels like our world has been turned upside down yet again. But underneath all the frenzy, I see a genuine opportunity for us to turn this into a positive and come back even stronger than before. I often think of the term “Anti-fragile” from the book of the same name by Nassim Taleb. The principle is that people and organizations can build their success around being able to come back even stronger after a wallop, instead of just withstanding the impact. This is real estate’s moment to become even more anti-fragile.

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    How have two hurricanes impacted housing inventory? 

    Oct 13, 2024By

    Has seasonality finally kicked in or did back-to-back hurricanes slow things enough to influence inventory data?

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    Top agents boomerang back to Coldwell Banker Realty 

    Oct 09, 2024By

    Lynn Walsh of Massachusetts and Victoria Speer of North Carolina are returning return to the firm after time with other agencies.