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Articles tagged with: Eric Harris

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[17 Jan 2012 | One Comment | 4,560 views]
Housing markets in northwest Arkansas, Jonesboro up in 2011

The numbers are in and show that real estate markets improved last year in both northwest Arkansas and the Jonesboro area. In a nutshell, both average sales prices and the number of units sold improved in the Jonesboro area while more homes were sold in 2011 than in 2010 in northwest Arkansas, but the sales price dropped.
We’ll take a look at northwest Arkansas first. For the purposes of this report, northwest Arkansas is defined as Benton, Carroll, Madison and Washington counties which make up the extreme northwestern corner of the …

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[21 Dec 2011 | One Comment | 2,382 views]
Northwest Arkansas homes sales up for November, year

It appears that 2011 was a good year in northwest Arkansas as far as homes sales go. Sales were on the rise again in November, adding to a trend that’s been shaping up all year long in Benton, Carroll, Madison and Washington counties.
In November, Realtors in those counties sold 419 new and existing, single-family residences in northwest Arkansas through Arkansas Regional MLS (ARMLS). That’s up 10.55 percent from 379 closed sales in November 2010. The average sales price was $165,966, up 3.07 percent from $161,029 in November 2010. Sellers, on …

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[29 Nov 2011 | One Comment | 1,847 views]
Northwest Arkansas homes sales down in October

After three straight months of gains, homes sales fell slightly in October in Benton, Carroll, Madison and Washington counties in northwest Arkansas.
Sales closed on 438 homes in the region in October, down 3.74 percent from 455 sales in the same month last year. However, 5,219 homes were sold through October, an increase of 9.02 percent over 4,787 homes sold through the first 10 months of 2010. The average sales price was $153,014 in October, down 3.76 percent from $158,996 in the same month last year but still ahead of the …

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[14 Sep 2011 | One Comment | 2,813 views]
August yields mixed results in NWA housing market

For the second month in a row, sales were up sharply in northwest Arkansas but prices were down.
Sales in July were up 42.41 percent in Benton, Carroll, Madison and Washington counties while prices were down 14.62 percent. The results in August were similar in that sales were finalized on 615 single family residences in northwest Arkansas — up 28.39 percent over 479 sales in the same month last year. The average sales price in August was $157,894 — down 10.14 percent from $175,714 in the same month last year. Through …

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[17 Aug 2011 | One Comment | 2,920 views]
NWA Homes sales up in apples-to-apples comparison

For the first time in a couple of years, we can finally start getting an idea of the shape of the housing market.
Why? In April 2008, the federal government started offering tax credits for first-time home buyers. Those credits influenced homes sales through the first half of last year as they were substantial, indeed. By the time the tax credit program expired last year, first-time buyers were eligible for up to $8,000 in cash from the IRS while qualified repeat buyers could claim up to $6,500. In the last round …

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[19 Jul 2011 | No Comment | 4,808 views]
Homes sales down in central, northwest Arkansas

The June numbers from central and northwest Arkansas are in and they are pretty much as expected — sales for the month were down in those two areas of the state.
In a nutshell, the number of homes sold in 2011 was down in June and through June in central and northwest Arkansas. Homes stayed on the market longer before buyers purchased them, but those sellers who priced their homes well realized at least 95 percent of their sales prices on average. Still, the market has pretty well performed as expected …

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[18 May 2011 | One Comment | 2,025 views]
Northwest Arkansas homes sales down in April

After a three-month run of improved homes sales, the numbers in northwest Arkansas started to slip in February and that trend continued through April.
Last month, 562 new and existing homes were sold by Realtors in Benton, Carroll, Madison and Washington counties — down 16.49 percent from the 673 sales in the same month last year. The average sales price in April was $145,467 — down 7.55 percent from $157,530 a year ago. The average amount of time homes spent on the market before selling improved, however, in April — 148 …

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[4 May 2011 | 2 Comments | 1,874 views]
Central Arkansas housing markets in flux during first quarter

Here’s a newsflash — housing markets throughout central Arkansas were still in recovery mode in the first quarter of 2011.
Realtors sold 1,432 homes in Faulkner, Grant, Lonoke, Pulaski and Saline counties in the first quarter — down 8.91 percent from 1,572 sales in the first three months of 2010 and down 4.91 percent from 1,506 sales in the same period in 2009. The average sales price in the quarter was $163,287 in the first quarter, up slightly from $163,121 in the first three months of 2010. Sales prices were up …

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[27 Apr 2011 | One Comment | 2,571 views]
Northwest Arkansas homes sales down in March

After a couple of months of solid sales, northwest Arkansas finished the first quarter of the year on a down note as sales dropped 3.05 percent in Benton, Carroll, Madison and Washington counties in March.
Last month, Realtors sold 477 single-family residences in northwest Arkansas — down 3.05 percent from the same month last year. The average sales price in March was $144,051 in March, down 2.05 percent from $147,042 in the same month a year ago. March came as a disappointment after an improved January and February. Those months were …

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[18 Mar 2011 | One Comment | 2,371 views]
Homes sales up again in northwest Arkansas

February represented the third straight month of improved homes sales in northwest Arkansas.
There were 320 single-family, new and existing homes sold in Benton, Carroll, Madison and Washington counties in February — up slightly from 315 sales in the same month a year ago. In the first two months of 2011, 661 homes were sold in northwest Arkansas — up 19.31 percent over 554 sales in January and February last year. The average sales price in February was $158,900, an increase of 11.39 percent over $142,655 in the same month last …