Fayetteville Real Estate Market Conditions & Reports, Fayetteville Market Trends, Arkansas

Market Commentary Provided by Blair Taylor
Northwest Arkansas is currently in a strong buyers market, however, our local market should balance quicker than other markets around the U.S. This is because of our high job growth, quick reduction in new construction housing starts, and a steady population increase. The recent decision by the Fed to lower interest rates will also help buyers riding the fence to take action.

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Blair Taylor
Keller Williams Realty
Fayetteville, Arkansas
479-409-8299
lancetaylor@kw.com
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Nearest Metro Area

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

More than 120 days

Market Trend

Decreasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$200,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down 5-10%

Prices As % of Asking Price

95-100%

Multiple Offers?

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in Fayetteville is

Seller Activity for the past 90 days in Fayetteville is

Is Financing Available For Qualified Buyers in Fayetteville?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Wedington Ave. West of I-540 and Northeast Fayetteville around Gulley Park.

Reason to Buy/Sell

Job Growth

Average Sold Price

$200,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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