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. Inventory increased 2.8 percent, with 5,948 units listed for sale. Monthly sales volume YTD increased 2.3 percent to $288.2 million.
View February 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