It will be interesting to see if the volume of sales continues to climb after the Tax rebate goes away at the end of April.  You might notice that even though the number of sales increased the price per square foot increased slightly over the preceding month but was well below the January amount.  It was also interesting to see that the difference between the asking price and selling price became much closer together.  I wonder, were the Realtor working on their listings harder or were the Sellers beginning to get serious about selling before the rebate went away?

If the Government actually does stay out of it the next few months are going to be interesting.

Hold onto your hats!

Hal Kennelley, Executive Broker

2009 First Quarter Residential Sales figures for the four County area of Northwest Arkansas.

Setting by your Computer and phone waiting for someone to call you back?  If so Google... nwaproperties and give me a call and let me know what happened.  You can call the number displayed on any of the links on the first page and reach me but you can only reach me on seven out of ten links on the second page, but I'll try to improve on that when i get a chance.

Watch for my Blogs on Localism in cities and towns throughout Northwest Arkansas as I will begin entering sales information for the first ten months of this year on different communities and targeted subdivisions throughout our area.  If you find the information useful tell others.  The more we actually know about our market conditions the better we can serve our clients.  Towns I will be including marketing information on are; Avocca, Bella Vista, Bentonville, Cave Springs, Decatur, Garfield, Gentry, Little Flock, Lowell, Pea Ridge, Rogers, Siloam Springs, Springdale and Tontitown.  I will also be including specific subdivisions in some of these towns and I hope to include sales information on Benton, Carroll, Madison and Washington Counties in Northwest Arkansas. 

If you haven't been to any of my Marketing Blogs check them out when you get a chance as I will start dropping them off as newer information becomes available.  Right now there are some links available that will let you know what has happened in our area by year since 2004.

Be sure and Google...  nwaproperties and let me know what you think.

Hal 

Oak Hill Marketing Information

Area Sales First Six Months of 2008 - Oal Hill Addition (All Units & Phases)- Rogers, Arkansas     
       
# Solds  Factors        Size        Price        Per Sq/ft     Sold Date        DOM
     3      Average     1,683    $123,200     $73.52       5/11/2008       263
             Minimum    1,577    $115,000     $64.25       3/17/2008         36
             Maximum   1,790    $130,000     $79.01       6/12/2008       575

Watch for for more up-dates on this and other selected subdivisions within Northwest Arkansas within the next few days.  I will be up-dating several to include the first seven months information as soon as I get time.  These figures will be available along with information on active listings and expireds.  I hope you will be able to follow these posts, and that the information provided can be worked into your presentations to show your clients what is actually happening to real estate in our area. 

I'm a good guy, but not all that good.  I'll probably sneak in a link or two on property that I list from time to time, but I'll try to hold that to a minimum.  But here is one example of Blatant Commercialism that you may find on my market Report Blogs  www.halspicks.com

Til next time

Hal 

Here is a chart indicating the Rogers Market Share for 2007.  Check out my  market report by clicking the "Sold Information" tab on my web site at www.nwaproperties.us (Be patient as you are opening a large report) it will take a few seconds to load but I think you'll agree that it was worth the wait.  

  I hope to have the information on the first four months of this year posted soon.

Thanks, Hal

Thought someone might find this interesting...  The first colum is the "Price range considered, next is the Average size of the homes, next you'll find the Average price per Sq/Ft, and last but not least the Average Days On The Market"    I will be posting the same figures for the first 6 months in 2008 after the first of July.  for more information on other towns in our area go to my web site at ...  nwaproperties.us and clivk on the Sold Information button on the left hand side and follow the instructions you'll find there.  Be Patient, you'll be loading a 23 page PDF File, but I think you'll be glad you did.

Price Range

Thanks, Hal

If you are interested in the marketing conditions in Benton & Washington Counties in Northwest Arkansas here is some information you wont want to miss.  This first chart is one of 23 that you can find on my website by clicking http://nwaproperties.us and then clicking "Sold Information".

If you go to this site give it time to load,  Remember you are loading 23 charts and tables.  Some of these exhibits will include information on; "Days On Market", "Expireds", and breakdowns on sales by; Price, Size, and Time of Year.  This information was gathered from our local MLS records and where obivious mistakes were evident that record was dropped.  

Hi everyone, this is my first Blog so bear with me if I do something wrong.  I discovered ActiveRain by accident, so here I am, hoping to "make new friends and influence people".  First let me invite you to visit my site and let me know what you think.  I am trying to build one that will be user friendly and easy to navigate.   The site includes programs that I have developed over the years to assist my clients in reaching their real estate goals. 

My son, who now teaches accounting at John Brown University, came over years ago and we sat down and created programs that were quite beneficial in showing people the different advantages available to them in the sale or acquisition of property.  We tried to make the exhibits as simple as possible and yet drive home the point we were trying to make.   Click "Here" to go to my site then click on the "Buyer/Seller Info" link, then click on either the "Buyers" or "Sellers" tips signs and select the first link in the lists.

Scroll through the pages and let me know what you think, and any suggestions you have would be appreciated.   

Well, that's it for my first Blog.  I hope someone finds it interesting and that it will help them come up with some new ideas to enhance their marketing strategies.

Thanks,  Hal