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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.

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

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.

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.

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.

Memphis-area home sales for August increased 13.1 percent from a year ago, with 1,483 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales were down 12 percent from July, when there were 1,685 total sales. Average sales price from August-to-August was up 1.8 percent at $164,944. Inventory decreased 2.5 percent, with 6,374 units listed for sale. Monthly sales volume YTD increased 8.8 percent to $1.74 billion.

MEMPHIS, Tenn., Aug. 6, 2015 – Memphis-area home sales for July increased 12.6 percent from a year ago, with 1,685 total sales recorded in...

Tennessee has once again ranked among the best states in economic development by Area Development, a leading publication focused on site selection and facility planning.

Memphis-area home sales for March increased 5.1 percent from a year ago, with 1,270 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database.

Memphis-area home sales for February decreased 5.5 percent from a year ago, with 934 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales declined 9.6 percent from January, when there were 1,033 total sales. Average sales price from February-to-February was up 16.2 percent at $147,557.