New Streak in Contracts for Fayetteville Real Estate Market

Over the last 30 days, sales in the Fayetteville market fell to one. However, the number of pending transactions continued to improve, reaching a total of four during the same period. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. The median sales price tumbled to $23,000 over the latest reporting period for Fayetteville, down from $95,500. Fayetteville is a definite buyer's market, due to a big 17 months of inventory left and aided by the dip in sales.

For a potentially great deal, make sure you look at these listings that had large price cuts in Fayetteville:

$169K   $104K   $120K  

Get started right now by checking out Fayetteville homes for sale or reviewing Fayetteville real estate trends.

Demographic facts for Fayetteville:

  • The median value of all homes in the area is $130,000.
  • Average number of rainy days is 118 per year. (U.S. average: 100)
  • The area's unemployment rate is 6.2%.
  • The students per teacher ratio in this area is 16.6:1. (15.3:1 = national average)

Data reported through 10/12/2016


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