Little Rock Arkansas Home Sale Trends Continues in August

August home sales, inventory and days on market moved the six month trends up in all three categories. Listings on the market up up the most at 1.73% and continued a upward trend every month since April of this year. Home sales was almost flat being up only .99%. This is the smallest growth in the sale trend since April. West Pulaski County (area 17) which includes Chenal continues to improve but being the area with the longest Absorption Rate it still remains one of the weakest areas for sales to inventory. These numbers compared to last  August  are  up  in all three areas from last August numbers. The Average Days on Market are up from 86 to 94 days. All in all not all that much change. Buyers continued to look but there does not seem to be an urgency in the market for them to make a buying decision and until either buyer confidence improves or some factor in the market changes the market will probably remain with these small changes.