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Arkansas home sales up 15 percent in February

By ArkansasOnline , The Arkansas Democrat-Gazette

This article was originally published April 4, 2012 at 10:06 a.m. Updated April 4, 2012 at 11:11 a.m.

Arkansas home sales increased 15 percent in February compared with February of last year, the Arkansas Realtors Association said Wednesday.

The average price in the 43-county area covered by the association was basically unchanged at $135,875.

“This is good news for the Arkansas housing market," association President Dana Powell said. “Overall, our state was up in all categories, ie: home values, units sold and average price points.  Increases ranged from over 22 percent month over month to 12 percent year over year.  Buyers and sellers alike can be encouraged by signs that the market is finally turning.”

Read tomorrow's Arkansas Democrat-Gazette for full details.

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