News
Average sales price up 5.7% compared to Sept. 2023
The September Market Report has been released. Inventory remained flat as total sales decreased when compared to 2023.
Memphis-area inventory increases 6% in August
The August Market Report has been released. Inventory continued to climb while monthly sales and home prices decreased compared to July.
Memphis-area home sales for July increased 14.9% from 2023
The July Market Report has been released. Inventory is up, with slightly reduced prices, creating favorable conditions for hopeful buyers.
Home sales increased 12.1% from May 2024
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The June Market Report has been released. Sales are up compared to last month with enough inventory for buyers to have options.
Home sales volume sees 10% increase YTD
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The May Market Report has been released. Overall metrics show a strong month for the Greater Memphis real estate market.
Memphis-area home sales increased by 18.4% from 2023
The April Market Report has been released. An increase in home sales from March puts home sales up more than 10% compared to 2023.
Sales and inventory increases show signs of an active market
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The March Market Report has been released. Year-to-date sales were down, but month-to-month comparison show promise.
Year-to-date comparison shows 18% increase in total home sales
The February Market Report has been released. Total home sales increased compared to 2023.