News
Home sales rise compared to 2022
The November Market Report has been released. The numbers point to moderate adjustments in sale prices.
Significant Rise in Sales from a Month Ago
The October Market Report has been released. The numbers spell positivity for the market after an underwhelming month in September.
Rise in Inventory, Slump in Sales
Sales were down again in September and year-to-date in 2023; however, slower sales mean higher inventory, as shown in the local market.
Market Sees an End-of-Summer Sales Spike
Sales dropped August-to-August and median sales prices remained flat, per the August Market Report. Read on for the full statistics from the previous month.
Sales Dropped While Inventory Increased
The July Market Report is out now, and it shows a drop in home sales from the past month as well as in sales volume YTD.
June Saw a Huge Jump in Sales from May
Although sales remained down from a year ago, month-over-month numbers show promise in the Memphis-area market.
Home Sales Rebounded from April
In addition to sales numbers, the May Market Report shows a slight increase in median and average sales prices from May 2022.
Area Inventory Continues to Rise
April saw a continuance in familiar market trends, with sales on the decline and inventory on the rise in the Memphis area.