The Arkansas REALTORS® Association, the voice of real estate in Arkansas, announced that existing-home prices rose for the fourth month in December. Average prices of homes in the 42 county area monitored by the Association increased 2 percent from $144,842 in December 2010 to $147,795 in 2011. The number of units sold in December decreased 6 percent from 1,903 in December 2010 to 1,785 for the same month in 2011. For the year, the number of home sold as compared to 2010 decreased less than 1 percent while average prices decreased slightly more than 1 percent.
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