January 2016 Update
The real estate market in Northwest Arkansas continues to enjoy steady growth, while home sales in other parts of the state 
remain sluggish. Year over year sales grew 9 percent this year, according to NWA MLS data. (Note-this data does not include FSBO sales.) See tables at bottom of page for current data.
remain sluggish. Year over year sales grew 9 percent this year, according to NWA MLS data. (Note-this data does not include FSBO sales.) See tables at bottom of page for current data.Home prices continued their climb as well. From an average price of $175,719 in 2014, the average home sold price increased to $188,046, an increase of 7 percent, beating the prior year increase of 5.5 percent. We are fortunate to live in a region that is enjoying continued steady economic growth.
New community developments on the horizon:
SPRINGDALE: Tyson Foods will make a major investment in the downtown Springdale area, promising to house up to 300 employees in buildings downtown in the next few years.
JOHNSON: The City of Johnson is embarking on a multi-year development with apartments, homes and a town square to be built over the next several years. The project will bring much needed revenue to the city, and plans are to create a walking city wherever possible, while maintaining the small town feel that Johnson residents love.
FAYETTEVILLE: The City of Fayetteville approved an affordable housing project for south Fayetteville. About 80 homes and cottages are expected to be built on the 8-acre site.
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