Our network

Real Estate

2011 Home Sales Up in Northwest Arkansas, Fort Smith Area

2011 Home Sales Up in Northwest Arkansas, Fort Smith Area

Record low interest rates and improving consumer confidence did little to spur home sales in December across Washington and Benton counties. Agents sold 394 homes in December, down 13.2% from a year ago, according to MountData.

However, MountData reports 5,804 local homes were sold during 2011, an 8.1% improvement over 2010. Agents and brokers earned commission on $892.67 million from sales recorded in 2011, up 3.48% from the prior year.