A limited number of transactions in Benton County and Little Flock this period point to a slower, more cautious market compared to the prior stretch.
Price Trends
The median sale price for the period stood at $440,000, down 40.8% from $742,750 in the previous period. Price per square foot came in at $191.72, a 28% decline from the prior figure of $266.28. Homes that did sell fetched about 98% of list price, essentially unchanged from the previous period's 97.06%.
Pace of Sales
The average time on market was 149 days, matching the median days-on-market figure exactly, and down slightly (0.9%) from 150.33 days in the prior period. The sell-through rate was 50%, and the absorption rate was 6.26%, both signals of a market moving at a measured pace during this stretch.
Inventory & Transaction Volume
Only two new listings came to market during the period, down 50% from four previously, and just one sale closed, an 83.3% drop from six sales in the prior period. Months of supply stood at 16, and total sales volume was $440,000, down sharply from $4,883,200 previously. With so few transactions recorded, these figures should be read as reflecting a very limited sample.
Property Snapshot
The typical home in this dataset had a median size of 2,295 square feet, averaged 3.67 bedrooms and 2.67 bathrooms, and had a median year built of 1999. All recorded sales activity in this period fell within the house property type.
At a Glance
- Median Sale Price: $440,000
- Average Days on Market: 149 days
- Months of Supply: 16
- Sale-to-List Ratio: 98%
- Homes Sold: 1
- New Listings: 2
See the full interactive year-to-date market report: https://nwastats.com/market-report/little-flock-benton-county-year-to-date-market-update/