April Memphis Area Home Sales Report

Each month, MAAR releases the Memphis Area Home Sales Report for the previous month's publicly recorded sales in Shelby, Fayette and Tipton counties. The report also includes information on pending sales and active listings. According to a news release posted by MAAR, "Memphis-area home sales for April declined 7.6 percent from a year ago, with 1,297 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales increased 8.4 percent from March, when there were 1,197 total sales. Average sales price year-over-year increased 7.3 percent to $146,070. Inventory increased 2.8 percent, with 6,088 units listed for sale. YTD sales volume increased 3.9 percent to $645.3 million." For a complete report, click here. 

Source: MAAR