December home sales up in northwest Arkansas

By Ethan Nobles on 11:22 PM

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While the latest housing news out of northwest Arkansas might not be great, it sure looks good compared to the dismal sales reports up there -- and from around the nation -- over the past few months.

The good news? Sales were up nicely in December compared to the same month in 2009. The bad news? Average sales prices were down.

Actually, that's bad news depending on one's perspective. Buyers were able to buy larger houses for less money than they could last year, but sellers did look at some drops in value (at least they averaged 95 percent of their list prices -- that's far better than some of the averages reported in other markets in the United States).

Click here to have a look at the northwest Arkansas market report covering December and all of 2010.

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