Arkansas Home Sales Down But Prices Up in April

Arkansas Real EstateHome sales in Arkansas were down 10 percent in April compared to a year ago, but the average price of the homes sold rose 8.3 percent, Arkansas Realtors Association reported today.

The association said 1,944 homes sold in the state in April, compared to 2,161 during the same month in 2011, while the average price of a home rose to $150,153 compared to $138,643 a year ago.

“It is interesting to see that although the number of units sold for April fell in Pulaski, Washington and Benton counties, the price per unit increased a whopping 26.6 percent in Washington and 11.5 percent and Benton County,” said Amy Glover Bryant, spokeswoman for the association.

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