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. Read the full 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