(Editor's Note: The Arkansas Realtors Association has corrected this morning's report, saying it included incorrect numbers in certain areas. The new version shows November home sales rose 24 percent from the same month last year, not 27 percent. Arkansas Business has revised its story based on the corrected report.)
The Arkansas Realtors Association said Wednesday that home sales rose 24 percent in November, driven by a spike in activity in four Arkansas counties.
The report, which surveys home sales in 43 counties, showed 2,573 homes sold in November, up from 2,069 in the same month in 2015.
Home sales in Arkansas' top five most active markets totaled 1,457, up 35 percent from the same month in 2015.
More: See the complete ARA report here.
Four of those counties — Benton, Sebastian, Pulaski and Saline — saw home sales rise by more than 30 percent. Washington County home sales rose by nearly 19 percent.
Here's unit sales for Arkansas five busiest counties:
- Sebastian: 132, up 50 percent from 88 in November 2015.
- Pulaski: 439, up 35 percent from 325.
- Washington: 255, up nearly 19 percent from 215.
- Saline: 162, up nearly 49 percent from 109.
- Benton: 469, up 37 percent from 342.
From January to November, Arkansas home sales are up nearly 10 percent from the same period in 2015, with 31,395 home sold. The most homes sold are in Benton (5,622), Pulaski (5,136) and Washington (3,308) counties, according to the report.
Benton County leads the state for highest average prices for the year so far, at $219,568, up 8 percent from the same period in 2015.
Washington County's average price stands at $199,978, and Pulaski County's average price is $188,828.