Realtors report includes interesting detail about area market
by November 23, 2008 5:21 pm 57 views
The number of homes sold in Crawford and Sebastian counties might be down for the year, but the average prices are up and the top prices for a home sold in each county is significantly higher in 2008. (The City Wire previously posted a broad report on area home sales.)
However, there were 493 homes sold in Crawford County for the first nine months of 2008, down 19.1 percent from the same period in 2007. In Sebastian County, 1,093 homes were sold for the year, a dip of 9.82 percent compared to the 2007 period.
The following is price and other information — supplied by the Arkansas Realtors Association — for home sales activity in the two counties.
Crawford County (January-September)
Highest price for a home sold, 2008: $700,000 (6,227 square feet)
Highest price for a home sold, 2007: $550,000 (4,730 square feet)
Average days on market for all homes sold, 2008: 122
Average days on market for all homes sold, 2007: 122
Average square-foot price of all homes sold, 2008: $72.26
Average square-foot price of all homes sold, 2007: $72.43
Average size (square feet) of all homes sold, 2008: 1,689
Average size (square feet) of all homes sold, 2007: 1,658
Sebastian County (January-September)
Highest price for a home sold, 2008: $2.3 million (15,500 square feet)
Highest price for a home sold, 2007: $912,000 (11,399 square feet)
Average days on market for all homes sold, 2008: 116
Average days on market for all homes sold, 2007: 109
Average square-foot price of all homes sold, 2008: $68.97
Average square-foot price of all homes sold, 2007: $68
Average size (square feet) of all homes sold, 2008: 1,779
Average size (square feet) of all homes sold, 2007: 1,769