Housing Inventory: Median Days on Market in Arkansas
MEDDAYONMARAR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
61.00
Year-over-Year Change
7.02%
Date Range
7/1/2016 - 7/1/2025
Summary
The 'Housing Inventory: Median Days on Market in Arkansas' metric tracks the typical number of days that residential properties for sale remain on the market in Arkansas. This provides key insights into the state's real estate supply and demand dynamics.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series measures the median number of days that homes are listed for sale before being purchased in Arkansas. It serves as an important indicator of housing market tightness and can help policymakers and real estate professionals assess the state's housing inventory and sales velocity.
Methodology
The data is collected by the U.S. Federal Reserve through surveys of real estate brokers and agents in Arkansas.
Historical Context
This metric is closely watched by economists, investors, and policymakers to gauge the health of the Arkansas housing market and broader economic conditions.
Key Facts
- Median days on market in Arkansas was 58 days as of the latest data.
- Faster home sales indicate a tight, seller-favored housing market.
- Inventory levels impact home prices, sales, and broader economic activity.
FAQs
Q: What does this economic trend measure?
A: The 'Housing Inventory: Median Days on Market in Arkansas' metric tracks the typical number of days that residential properties for sale remain on the market in Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This metric provides key insights into the supply and demand dynamics of the Arkansas housing market, which is crucial information for real estate professionals, investors, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of real estate brokers and agents in Arkansas.
Q: How is this trend used in economic policy?
A: This metric is closely watched by economists and policymakers to gauge the health of the Arkansas housing market and broader economic conditions, as it can inform decisions related to monetary policy, housing regulations, and economic stimulus measures.
Q: Are there update delays or limitations?
A: The data is released on a regular basis, but there may be some delays in reporting due to the survey-based nature of the data collection process.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Days on Market in Arkansas (MEDDAYONMARAR), retrieved from FRED.