Arkansas Home Sales Up 8.5 Percent in October

by Sarah Campbell-Miller  on Tuesday, Dec. 5, 2017 10:18 am   1 min read

(Shutterstock)

The Arkansas Realtors Association said Monday that home sales rose slightly in October. 

According to the report, which surveys home sales in 43 counties, the number of homes sold in October increased by 8.5 percent. A total of 2,967 homes sold in October, compared to 2,734 reported for October 2016.

The average price of homes sold rose by 4.6 percent, to $178,837 from $171,008 in October 2016.

Statewide valuations in October increased by 13.5 percent year-over-year to $531 million.

More: See the complete ARA report here.

Home sales in Arkansas' top five most active markets totaled 1,549, up 4.6 percent from the same month in 2016.

Sales in Washington, Pulaski and Saline counties increased by 22 percent, 8.5 percent and 4.2 percent, respectively.

Benton and Sebastian county sales dropped by 2.7 percent and 8 percent, respectively.

Here's unit sales for Arkansas' five busiest counties:

  • Washington: 295, up from 241 in the same month of last year.
  • Pulaski: 448, up from 413.
  • Saline: 150, up from 144.
  • Benton: 508, down from 522.
  • Sebastian: 148, down from 161.

Benton County led the state for highest average price, at $218,050, up 1.6 percent from October 2016.

The other highest average prices were:

  • $217,914, up 8.8 percent, in Washington County;
  • $211,993, up 3.6 percent in Pulaski County;
  • $205,200, up 23 percent in Cleburne County;
  • and $195,064, up 12 percent in Saline County.

 

 

Please read our comments policy before commenting.