Top Medium Teams in Arkansas – Ranked by Volume
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| Rank – State Volume | Team Name | Company | Location | Volume | Profile |
|---|---|---|---|---|---|
| 1 | NWA Pro Realty | NextHome NWA Pro Realty | Bentonville, AR | $89,418,150 | View Profile |
| 2 | Salmonsen Group | Keller Williams Market Pro Realty | Bentonville, AR | $51,393,376 | View Profile |
| 3 | MAYER TEAM | Better Homes and Gardens Real Estate Journey | Bentonville, AR | $39,997,546 | View Profile |
| 4 | THE SUMBLES TEAM | Keller Williams Realty Little Rock | Little Rock, AR | $39,991,550 | View Profile |
| 5 | Team Hodges | Keller Williams Market Pro Realty | Fayetteville, AR | $38,844,830 | View Profile |
| 6 | The Price Group | Keller Williams Platinum Realty | Fort Smith, AR | $33,201,692 | View Profile |
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.
Latest Posts
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Housing Market News
Housing demand rises as inventory falls
Jan 28, 2024Even with mortgage rates higher this year than last, housing demand is up. It’s time to track the spring housing data.
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Pending home sales surged in December: NAR
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2023 New home sales helped the economy avoid a recession
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Another homeowners’ insurance carrier leaves California
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DataDigest: Fannie Mae’s market view gets rosier, but traders get more skeptical
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Frequently Asked Questions
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How are real estate transaction sides defined?
A transaction side represents one side of a transaction: the buyer side or the seller side. If an agent represents both the buyer and the seller, the transaction side is counted twice.
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How is real estate sales volume defined?
Real estate sales volume is defined as the total dollar value of all real estate transactions facilitated by an agent or a brokerage. This encompasses the sum of the sale prices of all properties sold, and not the profit or commission made from these sales.
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What are the classifications of team size?
Small: 2-5 licensed agents
Medium: 6-10 licensed agents
Large: 11-20 licensed agents
Mega: 21+ licensed agents
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What time period is the data used in the rankings from?
The RealTrends Agent Rankings reflect the previous calendar year. For example, the 2023 rankings show data from calendar year 2022.
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Additional questions?
View the full Rankings FAQ page here.
Arkansas News
Top Agent Q&A: Arkansas’ Laura Davis
Feb 04, 2022Laura Davis, the #2 independent agent in Arkansas last year, talks with RealTrends about struggling in the early years, getting leads, and working on weaknesses.
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Investors are buying more, but spending less
Oct 22, 2021