Arkansas Realtors: Homes Sales up More Than 8 Percent in April

by Lee Hogan  on Wednesday, May. 28, 2014 12:39 pm  

Home sales were up more than 8 percent in April compared to a year ago, according to numbers released by the Arkansas Realtors Association.

More: Click here to read the April report (PDF).

According to the report, 2,425 homes were sold throughout the state in April, compared to 2,241 a year ago, which signifies an 8.21 percent increase in units sold. 

Since 2009, it was the second-highest total for the month of April trailing only April 2010 when 2,777 homes were sold. In addition, home sales from January and February of this year were the highest totals for those two months since 2009.

In the past five years through April, 2014 has seen the most sales with 7,997. The second-highest total was 7,618 homes sales through April in 2010.

In the state's top five markets, home sales were up 7.53 percent compared to numbers a year ago. In April, 1,286 homes were sold compared to 1,196 a year ago. Pulaski County saw the most homes sold in April with 424, compared to 375 a year ago, which signifies a 13.07 percent increase. 

Of the top five markets, Saline County saw the biggest percentage change, 29.75 percent, with 157 units sold in April, compared to 121 a year ago. Faulkner County, 7.69 percent, and Benton County, 6.34 percent, also saw increases this year. Washington County, which dropped to 193 units sold from 220 units a year ago, was the only of the top five markets to see a percentage decrease, 12.27 percent.

Like across the state, home sales in 2014 in the top five markets were at a five-year high in January and February. Home sales in the top five markets in April was second to that of the same month in 2010.

Valuations Up More Than 2.5 Percent

 

 

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