Top Small Teams in Arkansas – Ranked By Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
6The Valentine Hansen TeamRE/MAX PropertiesLittle Rock, AR$53,797,732View Profile
7Joseph Hayes and AssociatesKeller WilliamsBentonville, AR$48,839,677View Profile
9The Home TeamColdwell Banker Harris McHaney & FaucetteRogers, AR$36,726,243View Profile
10Mayer TeamBetter Homes and Gardens Real Estate JourneyBentonville, AR$32,883,032View Profile
11The Price GroupKeller WilliamsFort Smith, AR$29,628,902View Profile
12Motus GroupKeller WilliamsFayetteville, AR$29,354,295View Profile
14Robison Realty GroupKeller WilliamsHackett, AR$28,275,107View Profile
17Koenigseder Realty GroupRE/MAX Real Estate ResultsBentonville, AR$27,340,734View Profile
18The Jan Holland TeamColdwell Banker Harris McHaney & Faucette Bentonville, AR$25,395,688View 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.

Housing Market News

Lower mortgage rates attracting more homebuyers 

Sep 16, 2024By

An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

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