Memphis-area home sales for July increased 12.6 percent from a year ago, with 1,685 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales were up 1.3 percent from June, when there were 1,663 total sales. Average sales price from July-to-July was down 3.3 percent at $162,773. Inventory increased 1.0 percent, with 6,539 units listed for sale. Monthly sales volume YTD increased 7.2 percent to $1.48 billion. Read the full market report here.
Maria Krahn is an Affiliate Broker with Marx-Bensdorf, REALTORS... Maria has earned the Senior Real Estate Specialist designation as well as the Accredited Buyer Representative designation..
Maria Krahn, ABR, SRES
5860 Ridgeway Center Pkwy Ste 100
Memphis, TN 38120
Firm License #59679
Agent License #328329