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, Memphis-area home sales for July declined 14.8 percent from a year ago, with 1,466 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales decreased 5.8 percent from June, when there were 1,557 total sales. Average sales from July-to-July increased 3.2 percent to $166,767. Inventory increased 5.5 percent, with 6,801 units listed for sale. YTD sales volume increased 0.7 percent to $1.36 billion. For the complete report, click 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