Home sales in Jefferson County were up to 27 in November, compared to 18 in November 2012, according to the Arkansas Realtors Association.
Marilyn Huffman, owner of the First Realty Group in White Hall, said she’s unable to explain the increase. But she’s hopeful that it’s an indication of better times ahead for the housing market.
“It had been real slow and suddenly picked up a bit,” Huffman said of the local realty business. “It’s a strange market right now. It’s traditionally slow in November and December with Thanksgiving and Christmas, but our phones are ringing again and there’s some good activity.”
Huffman is pleased with the developments.
“I’m thrilled with everything that been sold by all the companies here,” she said. “It’s been good for everyone.”
Statewide during November 2013, home sales dropped by 3 percent compared to November 2012. Meanwhile, the average sale price of a home showed a slight jump, from $150,777 to $151,350.
In Jefferson County, the average home price was $72,398.
The largest average home prices were $318,000 in Izard County, $285,000 in Perry County, $192,707 in Cleburne County, $188,148 in Pulaski County and $182,563 in Washington County.
Benton County recorded the most home sales in November 2013 with 295. Rounding out the top five in the 43 counties surveyed by ARA were Pulaski County with 293, Washington County with 169, Saline County with 107 and Faulkner County with 94.
Huffman said that most of the recent home transactions have involved residents moving from one location within the county to another.