By ROB MORITZ
Arkansas News Bureau
LITTLE ROCK — Home sales in Arkansas were up more than 10 percent in September over the same month a year ago, the Arkansas Realtors Association reported Friday.
The report showed 2,103 homes sold statewide during the month, up 10.28 percent compared to a year ago. The average price of a home rose 0.67 percent to $146,694.
Pulaski County led the state with 339 homes sold during the month, followed by Benton County with 340, Washington County with 196, Saline County with 121 and Faulkner County with 98. Home sales totaled 83 in Sebastian County and 41 in Jefferson County.
The average price of homes sold was highest in Independence County at $187,541, followed by Cleburne County at $180,628, Pulaski County at $177,678, Garland County at $171,985 and Saline County at $165,296. The average price for homes sold in Sebastian County was $162,398 and in Jefferson County was $86,778.
“Affordability and strong mortgage rates are certainly helping to drive this year’s improved numbers,” said Amy Glover Bryant, spokeswoman for the Arkansas Realtors Association. “We do expect a slowdown as we move into the fall and into the holiday season, when sales are traditionally lower.”
Despite September’s rise, for the first nine months of the year the number of homes sold in Arkansas is down 1.92 percent and average prices are down 1.86 percent from this time last year.
Arkansas home sales up in September
By ROB MORITZ