Arkansas home sales, prices up


LITTLE ROCK — The number of homes sold in Arkansas in October rose nearly 6 percent compared to a year ago, the Arkansas Realtors Association reported Tuesday, and the average price of homes climbed more than 7 percent.

The association said 1,936 homes sold in the 43-county area it surveyed last month, compared to 1,829 in October 2011. The average price of a home rose to $157,267, compared to $145,959 a year ago.

For the year to date, Arkansas home sales were down about 2.4 percent compared to the same time last year, while the average price of homes sold was up 10.4 percent.

Pulaski County had the highest number of homes sold in October with 330, followed by Benton County, 315; Washington County, 163; Saline County, 109; and Faulkner County, 95. Ninety-one homes were sold in Sebastian County and 36 in Jefferson County.

The average home prices for the month were highest in Garland County at $205,418, followed by Benton County at $186,808, Cleburne County at $185,008, Pulaski County at $182,230 and Arkansas County at $174,714.

The average home price was $151,335 in in Sebastian County and $121,830 in Jefferson County.