Memphis-area home sales for March increased 5.1 percent from a year ago, with 1,270 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales rose 36 percent from February, when there were 934 total sales. Average sales price from March-to-March was down 0.6 percent at $146,194. Inventory decreased 1.7 percent, with 5,847 units listed for sale. Monthly sales volume YTD increased 3.5 percent to $475.4 million.
View the March 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