Washington County and Siloam Springs data show a market with rising active listings but very limited closed sales, conditions that current figures classify as favoring buyers.
Price Trends
The single recorded sale in the period closed at a median and average price of $480,000, against a median list price of $509,000, producing a sale-to-list ratio of 94%. That marks a decline from the prior period's sale-to-list ratio of 100%. Because this figure is based on one transaction, it should be read as a data point rather than a broad pricing trend.
Inventory Levels
Active listings reached 251 in Siloam Springs, up 33.5% from 188 in the previous period. Broader Washington County shows 1,872 active listings. This growth in supply, paired with limited sales activity, has pushed months of supply to 2,003.9, a figure the data labels a Buyer's Market condition.
Pace of Sales
Average days on market stood at 218, matching the median days on market of 218. This is a substantial increase from the prior period's average of 18 days. Only one sale and zero new listings were recorded during the period, limiting how much can be drawn from the pace figures alone.
Market Snapshot
With just one sale against hundreds of active listings, the current dataset reflects a market with very low transaction volume relative to available inventory. Sales volume for the period totaled $480,000, up 220% from the prior period's $150,000, though again this reflects a single closed transaction rather than a volume trend.
At a Glance
- Average Days on Market: 218 days
- Median Sale Price: $480,000
- Active Listings: 251
- Months of Supply: 2,003.9
- Sale-to-List Ratio: 94%
See the full interactive year-to-date market report: https://nwastats.com/market-report/siloam-springs-washington-county-year-to-date-market-update/