The sale of new and existing residential units in April in Baxter and Marion counties outpaced sales during the same month last year, according to newly released information from the Arkansas REALTORS Association. There were 78 units sold in April in the two counties compared to 70 sold in April of last year. That represents an 11.4 percent increase.
For the year to date, there have been 234 residential units sold in the two counties compared to 207 last year for a 13 percent increase.
However, the total values of new and existing residential units sold in Baxter and Marion counties in April was down compared to a year ago. The total was nearly $9.4 million, down from more than $9.9 million for a 5.4 percent decrease.
The average price of homes sold locally in April was down more than 15 percent. It was $120,361 while the average price per unit sold in April last year was $141,791. For the year-to-date, it's also down, $114,375 per unit compared to $117,509 last year.
But the overall values of units sold through the first four months of the year is more this year. It's $26.7 million versus $24.3 million for the first four months of 2013. That's an increase of just over 10 percent.
Pulaski County led the state in units sold in April with 424, compared to 375 in April last year. Rounding out the top five, other counties that had the most sales are Benton, Washington, Saline, and Faulkner.
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