Market Reports, Media Releases, Memphis-Area Market
Published Friday, July 8, 2022by Kira McNeil
MEMPHIS, Tenn., July 7, 2022 – Memphis-area home sales for June increased 6.8 percent from a year ago, with 2,006 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales were up 0.5 percent from May, when there were 1,997 total sales. Average sales price from June-to-June was up 13.5 percent, at $286,103. Inventory increased 8.6 percent, with 2,380 units listed for sale. Year-to-Date sales volume increased 13.9 percent, at $2.63 billion "June sales were good in 2021, and they were even better this year," said MAAR President Bill Stewart. "Inventory took another jump, which means buyers will have more selection." .
Memphis-Area Market, MLS Sales Reports
Published Friday, June 17, 2022by Kira McNeil
The Multiple Listing Service sales report showed pending sales at 1,482 as of June 16, down 5.1 percent from the last report. Active listings stood at 2,380, up 8.6 percent from the previous report.
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