Market Reports, Memphis-Area Market

Published Monday, December 8, 2025 8:00 amby MAAR Communications

MEMPHIS, Tenn., Dec. 8, 2025 – Memphis-area home sales for November decreased 14.8 percent from a year ago, with 983 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales were down 20.3 percent from October, when there were 1,234 total sales. The average sales price from November to November increased 4.6 percent, to $272,414. Inventory decreased 4.1 percent, with 4,462 units listed for sale. November average DOM was 55, a 1.9 percent increase from the previous month. Sales volume YTD decreased 2.6 percent, to $3.82 billion.  “Things slowed down a little bit, but that’s not unusual this time of year,” said MAAR President Greg Renfrow. “DOM (days on market) and inventory held steady.” 

Market Reports, Memphis-Area Market

Published Tuesday, November 11, 2025 8:00 amby MAAR Communications

MEMPHIS, Tenn., Nov. 11, 2025 – Memphis-area home sales for October increased 2.2 percent from a year ago, with 1,234 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales were down 15.5 percent from September, when there were 1,460 total sales. The average sales price from October to October increased 3.4 percent, to $272,142. Inventory increased 1.7 percent, with 4,651 units listed for sale. October average DOM was 54, a 5.3 percent decrease from the previous month. Sales volume YTD decreased 1.9 percent, to $3.55 billion.  “Compared to October of 2024, the numbers were better across the board,” said MAAR President Greg Renfrow. “We’ve almost caught up in sales volume YTD.”