Market Reports, Memphis-Area Market

Published Friday, April 10, 2026 8:00 amby MAAR Communications

MEMPHIS, Tenn., April 10, 2026 – Memphis-area home sales for March decreased 1.7 percent from a year ago, with 1,206 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales were up 19.3 percent from February, when there were 1,011 total sales. The average sales price from March-to-March increased 1.9 percent, to $276,266. Inventory decreased 1.9 percent, with 4,410 units listed for sale. March average DOM was 67, the same as the previous month. Sales volume YTD decreased 8.6 percent, to $779.8 million. “Sales took a nice step forward, up 19 percent from February,” said MAAR President Tim O’Hare. “DOM remained the same, inventory saw little change, so the market is pretty steady.” 

Market Reports, Memphis-Area Market

Published Tuesday, March 10, 2026 8:00 amby MAAR Communications

MEMPHIS, Tenn., March 10, 2026 – Memphis-area home sales for February increased 5.1 percent from a year ago, with 1,011 total sales recorded in the Memphis Area
Association of REALTORS® MAARdata property records database. Sales were up 32.2 percent from January, when there were 765 total sales. The average sales price from February to February increased 10.4 percent, to $262,128. Inventory increased 12.2 percent, with 4,496 units listed for sale. February average DOM was 67, a 4.7 percent increase from the previous month. Sales volume YTD decreased 14.1 percent, to $446.8 million. “The market enjoyed a nice bounce back in February,” said MAAR President Tim O’Hare. “Sales and pricing were up across the board and inventory jumped as spring sellers entered the market.”