Fayetteville-Springdale-Rogers, AR

The current market dynamics suggest diminishing urgency for transaction completion. Elevated inventory levels, marked by nearly 39% year-over-year growth in active listings, are reducing pressure for rapid decisions. This environment implies increased room for price negotiation and more extended marketing periods, influencing price discipline across the market.

The average listing price increased by 2.2% year-over-year, while the median listing price declined by 0.7% over the same period. This divergence, alongside a flat median $/sqft, suggests some softening at higher price points, leading to a widening average-to-median spread within the market.

3,688 active listings represent the current floor, with new supply arriving at roughly 1,140 per month.

of active listings carry a price reduction, +2.9% from prior period.

Median price per square foot has moved -0.3% year-over-year.

Pending-to-active ratio — Cooling.