Residential building permits in NWA’s 4 largest cities dip 8.1% through February

Residential building permit activity for single-family homes in Northwest Arkansas’ four largest cities is behind last year’s pace through the first two months of 2024.

According to permit data from each city collected by the Northwest Arkansas Business Journal, 238 residential building permits were issued through February in Bentonville, Fayetteville, Rogers and Springdale. That’s down 8.1% from the same period in 2023 (259 permits).

The permits through February this year have a combined value of $88.67 million, up 8.1% compared with $81.96 million last year.

Officials in Fayetteville issued the most permits through February with 116 ($38.53 million), up 17% from the previous year of 99 ($22.98 million).

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

• Rogers: 38 permits, $15.8 million (2024); 71 permits, $24.51 million (2023).
• Bentonville: 36 permits, $23.21 million (2024); 64 permits, $27.55 million (2023).
• Springdale: 48 permits, $11.13 million (2024); 25 permits, $6.92 million (2023).

In Bella Vista, through February this year, city officials issued 99 permits valued at $33.68 million. That’s up from 82 permits and $30.06 million in the same period of 2023.

Officials in Centerton issued 53 permits valued at $20.87 million through February this year. That’s down from 58 permits ($15.48 million) in the same two-month period in 2023.