Northwest Arkansas Market Update (June 2022)

Northwest Arkansas Market Update (June 2022)

THE REAL ESTATE MARKET IN WASHINGTON COUNTY

In Washington County there are 470 homes currently on the market.  That’s 161 more than there were last month.

There are 616 homes under contract in Washington Country right now, 7 less than there were 30 days ago.

349 homes sold in Washington County in the last 30 days.  That’s 72 fewer closings than in the previous 30 days. The average sale price was $380,412 up $4,608 from last month.  The lowest price was $25,000 and the highest price was $3,200,000.

THE REAL ESTATE MARKET IN BENTON COUNTY

In Benton County there are 714 homes currently on the market.  That’s 266 more than there were last month.

There are 1,346 homes under contract in Benton Country right now, 115 less than there were 30 days ago.

651 homes sold in Benton County in the last 30 days.  That’s 104 more closings than in the previous 30 days. The average sale price was $436,342 compared to $412,147 last month.  The lowest price was $60,000 and the highest price was $3,200,000.

Typically we see more listings and more closings in June so this may indicate the market is cooling off just a little bit.  If your goal is to make the highest profit on your home, now may be the time to sell.  Call or text me, Jill Bell, at 479.799.3023, to start the conversation.  I’d be happy to tell you what your home is likely to sell for!

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