Residential building permits in NWA lag through first 6 months

Residential building permit activity for single-family homes in Northwest Arkansas’ four largest cities is well behind last year’s pace through the first six months of 2022.

According to permit data from each city collected by the Northwest Arkansas Business Journal, there were 804 residential building permits issued through June in Bentonville, Fayetteville, Rogers and Springdale. That’s down 15.2% from the same period of 2021 (949 permits).

The permits through June this year have a combined value of $369.31 million, up 25.8% compared with $293.53 million last year.

Officials in Fayetteville issued the most permits through June with 300 ($121.61 million), but that’s down nearly 30% from the previous year of 427 ($114.60 million).

The report from the other cities through the first six months was:

• Bentonville: 285 permits, $142.99 million (2022); 150 permits, $58 million (2021)
• Rogers: 127 permits, $52.61 million (2022); 279 permits, $87.94 million (2021)
• Springdale: 92 permits, $52.10 million (2022); 93 permits, $32.99 million (2021)

In Bella Vista, through June this year, city officials issued 311 permits valued at $105.45 million. That’s down slightly from 316 permits and $90.07 million in the same period of 2021.