Arkansas 1Q Home Sales, Prices Up, Realtors Say

by Arkansas Business Staff  on Thursday, May. 3, 2012 10:14 am  

The number of homes sold in Arkansas over the first quarter of 2012 is up 6 percent, according to data released Thursday by the Arkansas Realtors Association.

The average price of homes sold is up 3 percent for the quarter in the 43-county area surveyed by the group, while March numbers are up as well. The number of homes sold in March is up 1 percent and the average price of homes sold in March is up 4 percent over a year ago.

Nationally, existing home prices were up 2.5 percent in March, and 6.2 percent in the South. While the  number of sales slipped by 1.1 percent in the region for March, existing home sales are up 2.5 percent over a year ago.

Washington County saw the greatest increase of units sold in March 2012 from March 2011, jumping 16.29 percent. Pulaski County moved the largest number of units in March, 334, but was down from its 2011 figure of 352.

View the full state report, in PDF or Excel format, here.  

 

 

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