Summary of May 2018 Housing Market Report from Arkansas REALTORS Association

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1 Summary of May 2018 Housing Market Report from Arkansas REALTORS Association Most Units Sold for the Month Most Units Sold for the Year Benton % Benton 2,332 2, % Pulaski % Pulaski 2,241 2, % Washington % Washington , % Sebastian % Sebastian % Faulkner % Saline % Top Five Markets Totals 2,027 1, % Top Five Markets Totals % Statewide Totals 3,568 3, % Statewide Totals 13,893 13, % Percentages of State Totals 56.81% 54.79% Percentages of State Totals 53.43% 53.88% Highest Valuations for the Month Highest Valuations for the Year Benton $161,466,378 $138,245, % Benton $549,559,120 $536,143, % Pulaski $116,617,462 $109,892, % Pulaski $457,455,330 $421,637, % Washington $106,846,676 $84,212, % Washington $301,503,096 $290,288, % Saline $37,394,820 $38,732, % Saline $144,973,500 $134,275, % Sebastian $33,745,248 $22,533, % Sebastian $129,168,459 $111,721, % Top Five Markets Totals $456,070,584 $393,615, % Top Five Markets Totals $1,582,659,505 $1,494,066, % Statewide Totals $684,575,625 $614,069, % Statewide Totals $2,523,275,415 $2,379,147, % Percentages of State Totals 66.62% 64.10% Percentages of State Totals 62.72% 62.80% Highest Average Prices for the Month Highest Average Prices for the Year Washington $255,004 $209, % Benton $235,660 $224, % Benton $238,151 $227, % Washington $232,104 $204, % Pulaski $208,618 $193, % Pulaski $204,130 $197, % Saline $207,749 $192, % Saline $193,298 $181, % Craighead $180,066 $156, % Garland $183,915 $193, % Statewide Averages $191,865 $177, % Statewide Averages $181,622 $172, % 1 Not a complete list. Covers only properties sold by REALTORS reporting through participating multiple listing services in Arkansas.

2 New and Existing Residential Units Sold, May 2018 Arkansas % % Ashley % % Baxter & Marion % % Benton % % Boone % % Carroll % % Clark % % Clay % % Cleburne % % Columbia % % Conway % % Craighead % % Crawford % % Crittenden % % Cross % % Faulkner % % Franklin % % Fulton % % Garland % % Grant % % Greene % % Hot Spring % % Independence % % Izard % % Jefferson % % Johnson % % Lonoke % % Madison % % Miller % % Mississippi % % Ouachita % % Perry % % Polk % % Pope % % Pulaski % % Saline % % Sebastian % % Sharp % % Union % % Van Buren % % Washington % % White % % Totals 3,568 3, % 13,893 13, %

3 Values of New and Existing Residential Units Sold, May 2018 Arkansas $995,852 $858, % $4,551,930 $3,161, % Ashley $1,098,900 $628, % $3,286,188 $3,034, % Baxter & Marion $11,421,432 $12,307, % $47,866,578 $48,584, % Benton $161,466,378 $138,245, % $549,559,120 $536,143, % Boone $10,685,607 $9,224, % $47,065,915 $38,400, % Carroll $7,101,920 $5,627, % $23,382,400 $22,200, % Clark $1,831,154 $1,633, % $4,787,615 $5,559, % Clay $414,800 $219, % $861,396 $657, % Cleburne $7,655,462 $6,113, % $29,403,840 $24,586, % Columbia $1,376,000 $1,787, % $6,766,510 $8,081, % Conway $1,094,250 $1,110, % $5,465,313 $5,053, % Craighead $23,228,514 $22,952, % $103,931,874 $97,828, % Crawford $13,026,305 $13,880, % $51,490,399 $48,198, % Crittenden $6,254,496 $6,772, % $24,474,689 $27,658, % Cross $1,883,838 $953, % $4,092,655 $3,736, % Faulkner $32,675,382 $27,834, % $112,349,090 $117,726, % Franklin $1,268,501 $958, % $6,229,664 $3,515, % Fulton $375,900 $414, % $1,944,494 $2,140, % Garland $26,737,305 $33,969, % $127,453,095 $125,710, % Grant $3,055,481 $1,792, % $11,304,062 $7,194, % Greene $6,149,946 $7,656, % $25,326,600 $27,810, % Hot Spring $1,322,334 $1,322, % $10,269,862 $6,379, % Independence $3,885,258 $2,218, % $15,426,684 $12,985, % Izard $2,118,400 $710, % $4,649,898 $2,555, % Jefferson $3,617,145 $3,617, % $15,950,538 $16,765, % Johnson $2,385,548 $1,775, % $12,166,000 $10,501, % Lonoke $19,609,004 $17,052, % $77,721,500 $69,325, % Madison $2,034,996 $2,053, % $5,653,296 $6,900, % Miller $2,608,460 $3,583, % $11,511,934 $13,226, % Mississippi $1,380,002 $1,956, % $4,637,341 $5,440, % Ouachita $898,400 $569, % $4,923,540 $4,931, % Perry $662,795 $788, % $4,289,670 $1,815, % Polk $1,333,386 $1,966, % $10,175,936 $9,400, % Pope $10,442,285 $11,755, % $42,788,898 $38,032, % Pulaski $116,617,462 $109,892, % $457,455,330 $421,637, % Saline $37,394,820 $38,732, % $144,973,500 $134,275, % Sebastian $33,745,248 $22,533, % $129,168,459 $111,721, % Sharp $2,127,295 $1,562, % $8,043,298 $7,799, % Union $5,036,920 $2,870, % $19,802,126 $11,730, % Van Buren $2,161,016 $1,667, % $9,671,482 $8,248, % Washington $106,846,676 $84,212, % $301,503,096 $290,288, % White $8,550,752 $8,285, % $40,899,600 $38,202, % Totals $684,575,625 $614,069, % $2,523,275,415 $2,379,147, %

4 Average Prices of New and Existing Residential Units Sold, May 2018 Arkansas $ 90,532 $ 85, % $ 101,154 $ 85, % Ashley $ 109,890 $ 104, % $ 91,283 $ 108, % Baxter & Marion $ 124,146 $ 135, % $ 130,783 $ 129, % Benton $ 238,151 $ 227, % $ 235,660 $ 224, % Boone $ 120,063 $ 128, % $ 128,245 $ 109, % Carroll $ 177,548 $ 216, % $ 182,675 $ 164, % Clark $ 140,858 $ 136, % $ 129,395 $ 129, % Clay $ 82,960 $ 73, % $ 71,783 $ 65, % Cleburne $ 178,034 $ 138, % $ 183,774 $ 159, % Columbia $ 172,000 $ 127, % $ 127,670 $ 141, % Conway $ 109,425 $ 100, % $ 111,537 $ 91, % Craighead $ 180,066 $ 156, % $ 172,358 $ 163, % Crawford $ 137,119 $ 123, % $ 131,689 $ 118, % Crittenden $ 130,302 $ 144, % $ 124,237 $ 132, % Cross $ 171,258 $ 119, % $ 116,933 $ 109, % Faulkner $ 178,554 $ 172, % $ 173,915 $ 168, % Franklin $ 97,577 $ 68, % $ 127,136 $ 63, % Fulton $ 93,975 $ 69, % $ 114,382 $ 93, % Garland $ 179,445 $ 223, % $ 183,915 $ 193, % Grant $ 132,847 $ 179, % $ 146,806 $ 121, % Greene $ 143,022 $ 139, % $ 126,633 $ 127, % Hot Spring $ 73,463 $ 73, % $ 119,417 $ 86, % Independence $ 149,433 $ 116, % $ 131,852 $ 122, % Izard $ 132,400 $ 142, % $ 98,934 $ 79, % Jefferson $ 103,347 $ 103, % $ 93,278 $ 103, % Johnson $ 108,434 $ 80, % $ 108,625 $ 92, % Lonoke $ 166,178 $ 142, % $ 155,443 $ 148, % Madison $ 169,583 $ 157, % $ 157,036 $ 135, % Miller $ 130,423 $ 155, % $ 138,698 $ 137, % Mississippi $ 106,154 $ 93, % $ 87,497 $ 83, % Ouachita $ 89,840 $ 81, % $ 96,540 $ 93, % Perry $ 132,559 $ 131, % $ 142,989 $ 106, % Polk $ 74,077 $ 93, % $ 110,608 $ 108, % Pope $ 143,045 $ 139, % $ 139,833 $ 127, % Pulaski $ 208,618 $ 193, % $ 204,130 $ 197, % Saline $ 207,749 $ 192, % $ 193,298 $ 181, % Sebastian $ 179,496 $ 146, % $ 161,259 $ 146, % Sharp $ 125,135 $ 60, % $ 98,089 $ 77, % Union $ 125,923 $ 130, % $ 135,631 $ 131, % Van Buren $ 83,116 $ 75, % $ 99,706 $ 94, % Washington $ 255,004 $ 209, % $ 232,104 $ 204, % White $ 152,692 $ 147, % $ 136,332 $ 134, % Statewide $191,865 $177, % $181,622 $172, %

5 DISCLAIMER: THIS INFORMATION IS DEEMED RELIABLE, BUT NOT GUARANTEED, AND IS PROVIDED EXCLUSIVELY FOR CONSUMER'S PERSONAL, NON-COMMERCIAL USE AND MAY NOT BE USED FOR ANY PURPOSE OTHER THAN TO IDENTIFY PROSPECTIVE PROPERTIES CONSUMERS MAY BE INTERESTED IN PURCHASING. UNDER NO CIRCUMSTANCES SHOULD THE INFORMATION CONTAINED HEREIN BE RELIED UPON BY ANY PERSON IN MAKING A PURCHASE DECISION, INCLUDING BUT NOT LIMITED TO, INFORMATION PRECEDED WITH THE WORD OR ABBREVIATION DENOTING APPROXIMATE. CIRCUMSTANCES SHOULD THE INFORMATION CONTAINED HEREIN BE RELIED UPON BY ANY PERSON IN MAKING A PURCHASE DECISION, INCLUDING BUT NOT LIMITED TO, INFORMATION PRECEDED WITH THE WORD OR ABBREVIATION DENOTING APPROXIMATE. Copyright 2017 Arkansas REALTORS Association.