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Park 5 Home Values and Market Report

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Report prepared by 71bteam.com The 71B Company LLC

Market at a glance

Over the last 12 months, homes sold for 110.1% of list price in 8 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $1.5M Sold · $1.56M
$2.3M$2M$1.7M$1.4M
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 2 sales in Jul. Last month: 0.

Where the market stands

All homes in this report, by status.

9homes
Active2 · 22%
Sold (12 mo)7 · 78%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.4months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$1.69M
Sold$1.71M

Average days on market

Active156 days
Sold8 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 2
Average list price $1,692,000
Avg. days on market 156 days
Avg. price per ft² $379
Avg. living area 4,471 ft²
Avg. beds / baths 5.0 / 4.5

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$3M$2M$1M$0

Price vs. living area: 2 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 2 homes in this status.

5804 65TH Place$393
6503 W Bluestar Road$365

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
5804 65TH PlaceCave Springs, AR 72718 554,025$1,585,000$39364 days
6503 W Bluestar RoadCave Springs, AR 72718 544,918$1,799,000$365248 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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