Cabot Arkansas Real Estate Report; May 2009
Cabot homes sales were up this May. There were 81 Homes sold in the Cabot area during May. That number is up from last year's May. There were only 75 homes sold in the Cabot area in May 2008. Home sales this May are also up compared to this year's April home sales. In April there were only 65 homes sold in the Cabot Arkansas area.
Hopefully home sales will continue to rise throughout the year. Many economist believe the national real estate market will recover by the end of this year. As of today the Cabot real estate market is down 15.4% from this time last year. Compared to other parts of the state and the nation that is not to bad.
My next post I will write about the different price ranges that sold in May.
Good day