Marketing & Statistics

Marketing & Statistics

REALTOR® Emeritus Honorees Recognized by MAAR

The Memphis Area Association of REALTORS® this year honored 18 people with the REALTOR® Emeritus designation. The prestigious REALTOR® Emeritus designation recognizes those who have held successive membership in the National Association of REALTORS® and a local Association for 40 years.

October Market Report

Memphis-area home sales for October increased 9.3 percent from a year ago, with 1,523 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales were down 5.8 percent from September, when there were 1,616 total sales.

September Market Report

MEMPHIS, Tenn., Oct. 7, 2016 – Memphis-area home sales for September increased 11.4 percent from a year ago, with 1,616 total sales recorded in...

August Market Report

Memphis-area home sales for August increased 12.6 percent from a year ago, with 1,738 total sales recorded in the Memphis Area Association of REALTORS®MAARdata property records database. Sales were up 7.2 percent from July, when there were 1,621 total sales. Average sales price from August-to-August was up 6.0 percent, at $175,423. Inventory decreased 1.2 percent, with 5,666 units listed for sale. YTD sales volume increased by 10.8 percent, at $1.95 billion.

June Market Report

Memphis-area home sales for June increased 5.9 percent from a year ago, with 1,781 total sales recorded in the Memphis Area Association of REALTORS®MAARdata property records database. Sales were up 15.7 percent from May, when there were 1,539 total sales. Average sales price from June-to-June was up 5.2 percent, at $182,206. Inventory increased 1.9 percent, with 5,639 units listed for sale. YTD sales volume increased by 9.8 percent, at $1.34 billion.

February Market Report

Memphis-area home sales for February increased 7.8 percent from a year ago, with 1,040 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales were up 8.8 percent from January, when there were 956 total sales. Average sales price from February-to-February was down 8.5 percent, at $139,335. Inventory increased 1.8 percent, with 5,474 units listed for sale. YTD sales volume decreased by 6.5 percent from February 2015, at $279.5 million.

December Market Report

Memphis-area home sales for December decreased 0.9 percent from a year ago, with 1,367 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales were up 25.9 percent from November, when there were 1,086 total sales. Average sales price from December-to-December was up 9.0 percent, at $156,102. Inventory decreased 4.8 percent, with 5,793 units listed for sale. Monthly sales volume YTD increased 7.9 percent to $2.60 billion for the whole of 2015

November Market Report

Memphis-area home sales for November increased 4.9 percent from a year ago, with 1,086 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales were down 18.7 percent from October, when there were 1,336 total sales. Average sales price from November-to-November was up 5.9 percent, at $157,736. Inventory decreased 3.3 percent, with 6,086 units listed for sale. Monthly sales volume YTD increased 7.7 percent to $2.38 billion.

October Market Report

Memphis-area home sales for October decreased 3.5 percent from a year ago, with 1,336 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales were down 6.2 percent from September, when there were 1,424 total sales. Average sales price from October-to-October was up 4.3 percent, at $156,692. Inventory decreased 1.8 percent, with 6,291 units listed for sale.

September Market Report

Memphis-area home sales for September decreased 9.5 percent from a year ago, with 1,424 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales were down 4 percent from August, when there were 1,483 total sales.

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MERCY LOAN FUND PARTNERS WITH NATIONAL CHURCH RESIDENCES TO PRESERVE MUCH-NEEDED...

Mercy Loan Fund (MLF), a leading Community Development Financial Institution (CDFI) based in Denver, Colo., has announced it has partnered with National Church Residences (NCR) to help preserve 55 affordable homes for seniors at Hickory Hollow Senior Apartments in Memphis, Tenn.

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Lamberson and Poag Receive Top Pinnacle Award Honors

The Memphis Area Association of REALTORS® Commercial Council honored the top performers in commercial real estate for 2016 at the 16th Annual Pinnacle Awards gala held April 6 at the FedEx Event Center at Shelby Farms. Coming away with the evening’s highest honors were Commercial Hall of Fame inductee Dan Poag, of Poag Shopping Centers, and Wyatt Aiken Commercial Broker of the Year winner Johnny Lamberson, of CB Richard Ellis Memphis.

October Market Report