According to reports just released from the Arkansas Realtors Association homes sales declined by 4 persent in June 2011 versus June 2010. 

Click to download a PDF of the full report.

Despite the decline, the assocation report on the 42-county area shows a rise each month of this year, beginning with 1,265 homes sold in January and reaching 2,346 homes sold in June.  First quarter results are 4,558 homes sold and 6,607 homes sold in the second quarter.

"Our data also shows that June homes sales were 9 percent higher than May, and that home prices increased by 7 percent during the two months," Amy Glover Bryant, the Arkansas Realtors Association's communications director said. "I feel confident that this upward trend will continue and we will see a sizable jump in July's housing numbers."  This is welcomed news for home owners who need to sell their property.  Despite the summer heat homes sales have been good and a 6 percent rise in home prices may be just what sellers need to encouarge them to enter the market.