Archives
December Market Report
Memphis-area home sales for December decreased 1.0 percent from a year ago, with 1,433 total sales recorded in the Memphis Area Association of REALTORS®MAARdata property records database. ales were down 5.7 percent from November, when there were 1,519 total sales.
October Market Report
Memphis-area home sales for October increased 18.8 percent from a year ago, with 1,854 total sales recorded in the Memphis Area Association of REALTORS®MAARdata property records database. Sales were up 19.3 percent from September, when there were 1,554 total sales
June Market Report
Memphis-area home sales for June decreased 0.2 percent from a year ago, with 1,939 total sales recorded in the Memphis Area Association of REALTORS®MAARdata property records database. Sales were up 2.0 percent from May when there were 1,901 total sales.
THDA to expand $15,000 homebuyer assistance program
Starting November 1, families buying homes in seven additional ZIP Codes across Tennessee can apply for $15,000 in financial assistance from the Tennessee Housing Development Agency. With these additions, there will be 61 designated ZIP Codes for THDA’s HHF Down Payment Assistance program, stretching from Memphis to Kingsport.
August Market Report
Memphis-area home sales for August increased 10.3 percent from a year ago, with 1,942 total sales recorded in the Memphis Area Association of REALTORS®MAARdata property records database. Sales were up 11.2 percent from July when there were 1,747 total sales. Average sales price from August-to-August was up 4.4 percent, at $183,175. Inventory decreased 2.1 percent, with 4,713 units listed for sale. Year-to-Date sales volume was up 13.7 percent at $2.24 billion.
July Market Report
Memphis-area home sales for July increased 4.5 percent from a year ago, with 1,747 total sales recorded in the Memphis Area Association of REALTORS®MAARdata property records database. Sales were down 7.4 percent from June when there were 1,887 total sales. Average sales price from July-to-July was down 0.7 percent, at $180,432. Inventory increased 0.8 percent, with 4,815 units listed for sale. Year-to-Date sales volume was up 12.7 percent at $1.86 billion.
June Market Report
Memphis-area home sales for June increased 4.2 percent from a year ago, with 1,887 total sales recorded in the Memphis Area Association of REALTORS®MAARdata property records database. Sales were up 6.1 percent from May when there were 1,779 total sales. Average sales price from June-to-June was up 1.6 percent, at $186,626. Inventory increased 1.7 percent, with 4,777 units listed for sale. Year-to-Date sales volume was up 13.3 percent at $1.53 billion.
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.
JLL Selected to Market Former Bayer Campus in Memphis
Bayer U.S. has hired JLL to market for sale or lease its 43-acre, six building, 1 million-square-foot research and development center in Memphis. “The 43-acre former Bayer Research and Development campus represents an ideal redevelopment opportunity for healthcare corporations and other users seeking well-located sites in and around the Mid-South region,” said Jack Wohrman, SIOR, JLL Vice President. More...
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. Lasik Surgery Nashville, TN
