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Arkansas housing market still soft


Arkansas housing market still soft


The Arkansas Realtors Association released its August report of county-by-county home sales. Year-to-date home sales have dropped 16. 29 percent below the same time period last year, a report shows.

Benton County sold 385 homes in August, a drop of 26. 39 percent from August 2006. Average prices in August sat at $ 210, 347, a 7. 92 percent increase above last August’s levels. Year-to-date average prices sat at $ 201, 237, a 6. 29 percent increase above the same time period last year.

Statewide August sales were down 13. 92 percent with 2, 912 homes sold, and prices averaged $ 157, 233, a 0. 36 percent increase above August 2006.

Source: NMAnews.com
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