Listing and Sales Numbers

When someone talks about the market in terms of a "Seller's Market" or a "Buyer's Market" you may wonder what it's all about. Here's the breakdown for Bentonville, and it's pretty comparable for the NWARK Metro area as a whole.

There are currently 393 listings for Bentonville residential properties. There have been 110 similarly listed properties sold in the last 30 days. This means that there is a roughly 4 months supply of homes on the market - meaning if no one listed any more homes, the ones currently on the market would last almost 4 months before we ran out of homes to sell. This is all based on selling price and the particulars of the home. Some will never sell at their current price for one reason or another.

A further breakdown shows more details in the following price ranges:

0-100k homes - 0 are listed, 3 have sold - Hottest market

101-200k homes - 36 are listed, 24 have sold - Next best - 6 weeks supply of homes

201-300k homes - 110 are listed, 34 have sold - roughly 3 months supply

301-400k homes - 123 are listed, 28 have sold - 5 months supply

401-500k homes - 55 are listed, 11 have sold - 5 months supply

over 500k homes - 69 are listed, 10 have sold 6 months supply

This provides you with a lot of information if you are selling or considering selling your home, and also if you are buying. It is plain to see that the market for homes under 200k is hot. Few that have been listed have not sold. And that's not to say that the more expensive homes aren't hot, they just have fewer buyers and take longer to sell.

If you are looking for your next home or considering selling, these numbers are the most important thing in determining that your price is low or high in compared to the market, unless you are willing to wait several months.

Please call me if I can help you with your home purchase or sales. It's a complicated market and you don't need to go it alone!

Buying or Selling a Home Can Be Confusing...

Buying your new home or selling your old home are both, by nature, somewhat confusing. Most people only make these types of decisions a very few times in an entire lifetime.

I find that the question I get most often is - How do I start?

If you are buying a home, it does no good to look at listings and find exactly what you are looking for, only to find that you are unable to get a loan for the amount needed. And when selling there are a lot of tips of the trade that you can't get just by reading about it online.

I have a step by step plan for those who are considering buying or selling - a way in which you can be sure you are making the right choices in either situation. No sense in being nervous! We can figure it out together.

Please give me a call or drop me an email. I can meet with you and go over every thing from start to finish and make sure that you don't miss any opportunities along the way.

And of course, there is no cost for information. Which is another source of confusion in that real estate agents don't (usually) charge for information. We make our commissions off of the selling price of the home.

We can make it through this together! Let me make it easier on you!

Call me - 479-903-0328 or email bentonville123@hotmail.com

Office Space For Lease - Convenient and Spacious Minutes to Downtown

I have a really nice office space for lease. It's located at 3110 Ford Springs Road in Bentonville. The location is ideal for an out of the mainstream office that is still just a few minutes either to the Bentonville square or I49. We have 5650 sqft listed at $5 per sqft lease. It features 24 separate offices and a high level security system. If this fits your needs please call me. 

 

SOLD! #10 Stratfield Lane in Bella Vista - $230,000 and Two Lots

I have a new listing at #10 Stratfield Lane in Bella Vista. $230,000 featuring a 2570 sqft 4 BR 3 Bath home on two lots for more privacy. Close in too, on the east side near Cooper Elementary and 71 North. Take Mercy Way to Dartmoor, right on Dartmoor past the school, left at the Tee and left on Manchester and then right on Stratfield. Take a look today and give me a call to see the inside.

Beautiful from the front., nice quiet Cul-D-Sac

Beautiful from the front., nice quiet Cul-D-Sac