News

Total home sales are up 21% over January 2023

Published Tuesday, February 13, 2024

The January Market Report has been released. Total home sales and monthly sales volume increased compared to 2023.

 Market Reports, Memphis-Area Market

City of Germantown now requires sidewalk inspection and repairs before closing

Published Monday, February 5, 2024

Starting January 1, 2024, a sidewalk inspection permit is required before any sale or transfer of ownership of any property located within the city limits of Germantown.

 Legal, Memphis-Area Market

Average home sales price up compared to December 2022

Published Monday, January 15, 2024

The December Market Report has been released. While the average sales price rose 1% year over year, overall statistics point to a slower 2023.

 Market Reports, Memphis-Area Market

Home sales rise compared to 2022

Published Thursday, December 14, 2023

The November Market Report has been released. The numbers point to moderate adjustments in sale prices.

 Market Reports, Media Releases, Memphis-Area Market

Significant Rise in Sales from a Month Ago

Published Wednesday, November 8, 2023

The October Market Report has been released. The numbers spell positivity for the market after an underwhelming month in September.

 Market Reports, Media Releases, Memphis-Area Market

Sales Prices Relatively Steady in Mid-September

Published Monday, October 16, 2023

Since the last MLS Sales Report, the MLS saw a drop in pending sales; however, the number of active listings increased.

 Memphis-Area Market, MLS Sales Reports

Rise in Inventory, Slump in Sales

Published Friday, October 6, 2023

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 Reports, Media Releases, Memphis-Area Market

MLS Report Shows Active Listings Rebounding

Published Thursday, September 21, 2023

As of mid-August, pending sales were down in the MLS. However, those numbers were offset by a rise in active listings.

 Memphis-Area Market, MLS Sales Reports