Arkansas Home Sales Rise 10% in September

Home sales in Arkansas rose 10% in September compared to one year ago, according to the latest statewide housing report from the Arkansas Realtors Association.

Statewide home prices increased slightly by 0.7% to an average of $146,694.

There was strength in central and northwest Arkansas as four of the top five counties for sales were in those regions of the state. Pulaski County led the state in volume, highlighted by a 19% increase.

Benton and Washington counties reported 16.8% and 8.9% gains in a year-over-year comparison. Units sold in Saline and Faulkner counties were up 34.4% and 25.6% respectively compared to last September.

Year-to-date home sales in Arkansas are still about 8% lower than the first 9 months of 2010.