Home Sales Up, Price Down

by Talk Business & Politics ([email protected]) 129 views 

Home sales across the state have increased while the average sales price decreased, according to information from the Arkansas Realtors Association.

Arkansas home sales increased 11.2 percent in February.

Statewide, 219 more homes were sold in February compared to February 2015. A total of 2,174 homes were sold in February.

In Benton County, home sales increased 18.4 percent.

Across the county, 54 more homes were sold in February compared the same month last year. Benton County had 347 home sales in February.

In Washington County, sales increased 10.7 percent, from 197 homes sold in February 2015 to 218 this year.

Pulaski County had 356 home sales, the most of any county in the state, the information shows. Sales in the county increased 10.2 percent in February compared to the same month in 2015.

So far this year, Benton County has recorded 676 home sales, which is the most of any county in the state. Second is Pulaski County with 647 home sales so far this year.

Though home sales have increased across the state, the average selling price decreased 1.9 percent in February to $152,976, according to the information. This is down from $155,901 in February 2015.

But in Benton County, the average selling price increased 3.2 percent in February to $202,407. This is the highest average of any county in the state and increased from $196,115 in February 2015. Cleburne County had the second highest average at $191,050.

In Washington County, the average sales price decreased nearly 11 percent to $172,633 from $193,882 in February 2015.