How You Can Win as a Buyer
-May 11th, 2022-
Are you moving to Bentonville, Arkansas? What about Rogers, Fayetteville, Springdale? Northwest Arkansas is quickly becoming one of the TOP AREAS to move to in the country receiving national recognition in publications like Forbes, Fortune, and US News. With local attractions like The Crystal Bridges Museum of American Art and Collegiate Athletic Events with the Arkansas Razorbacks our small corner of Northwest Arkansas has everything city life has to offer minus the traffic jams. In 2010 Bentonville began its Downtown Revitalization Program which set off a surge in area development, attracting new businesses and developers ready to invest in our future. NWA is no longer the sleepy small town it once was. Our region is emerging as the premier mountain biking destination in the country and becoming a hub for the performing arts.
Talking Points
- New Listings this Summer are up almost double what we were seeing in first part of the year
- Number of listings for the year through July were actually down-flat vs last year. So we've had more buyers enter the market and compete for roughly the same number of houses
- Home prices are up roughly 25% vs last year
- Market "experts" project average sales price to revert back to a healthy 8-10% next year, Ryan thinks we're going to be closer to 2-4% if rates continue to climb through next year
- 90.8% of current listings have been on the market 5+ days
- 33.8% of active listings have done a price drop
20yrs of Experience
Downtown Bentonville, Corporate Relocation, Luxury
(479) 644-1849