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Crye-Leike, Realtors Remains #1 in Central Arkansas Real Estate

2007 SALES IN CENTRAL ARKANSAS EXCEED MORE THAN $654-MILLION

LITTLE ROCK,AR., Crye-Leike, REALTORS is proud to announce that based on its Total Dollar Sales Volume in 2007, the company out-sold all other competing real estate firms in Central Arkansas in total dollar volume of listing sides and selling sides in closed sales.

Based on MLS statistics, January 1, 2007 through December 31, 2007, in Central Arkansas the real estate company achieved sales of more than $654-million, almost double its nearest competitor in the region.

"Given the direction the housing market has taken, we're extremely pleased with the year end numbers," said Harold Crye, Founder, President and CEO. "We're hoping we've seen the bottom here in Central Arkansas and in 2008 we'll experience a rebound in activity."

Sales Statistics for Central Arkansas Communities

Within the Greater Central Arkansas Little Rock real estate Region in 2007, Crye-Leike, REALTORS saw in many of its markets, pockets of success, increasing sales and dominance over competitors.

  • In Pulaski County in 2007, Crye-Leike, REALTORS is #1 solidly beat its nearest competitor by selling 2304 homes for the year.
  • In North Little Rock, MLS statistics in 2007 show the company is #1 selling 488 units, more than double its two closest competitors combined.
  • In West Little Rock in 2007, Crye-Leike, Realtors maintains its #1 position over it's nearest competitor in the region by selling 330 homes for the year.
  • In Benton and Bryant counties, Crye-Leike's remains #1 as its two branch offices in Saline County combined for a sales volume of nearly $115-million, double its two closest competitors in the market.
  • In Maumelle, the company is #1 with a 36.4% market share and outsold its four top competitors combined, with more than 422 homes sold.
  • North of the Arkansas River, (Cabot, Jacksonville, Maumelle, North Pulaski, NLR and Sherwood) Crye-Leike REALTORS is #1 with a sales volume of more than $221-million, which was more than double its two closest competitors.

In 2008 Crye-Leike, REALTORS is projecting sales to meet or exceed $6-Billion company wide.

"We have some of the best associates in the business representing us across the region," said Crye. "Based on their level of dedication and service, I anticipate another great year in 2008."

Find Little Rock Homes for sale on Crye-Leike's web site.

Posted Saturday Mar 08
(03/11/08 12:57AM) — Linda Sanderson

Congratulations on such a stellar year in '07.  It was a difficult year for many of us, and I'm feeling very optimistic that '08 is going to be much better.  It seems like the buyers are ready to get going.

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