Memphis Area Market Report

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Market Reports, Memphis-Area Market

Published Monday, October 13, 2025 8:00 amby MAAR Communications

MEMPHIS, Tenn., Oct. 13, 2025 – Memphis-area home sales for September increased 13.0 percent from a year ago, with 1,460 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales were up 8.8 percent from August, when there were 1,342 total sales. The average sales price from September to September decreased 1.2 percent, to $285,488. Inventory decreased 1.4 percent, with 4,571 units listed for sale. September average DOM was 57, a 9.6 percent increase from the previous month. Sales volume YTD decreased 2.7 percent, to $3.21 billion. “We saw a nice jump in total sales from August to September,” said MAAR President Greg Renfrow. “Anytime you have a 13 percent increase, that’s noteworthy.” 

Market Reports, Memphis-Area Market

Published Wednesday, September 10, 2025 8:00 amby MAAR Communications

MEMPHIS, Tenn., Sept. 10, 2025 – Memphis-area home sales for August decreased 8.5 percent from a year ago, with 1,342 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales were flat from July, when there were 1,341 total sales. The average sales price from August-to-August decreased 0.6 percent, to $273,545. Inventory increased 0.8 percent, with 4,637 units listed for sale. August average DOM was 52, a 13 percent increase from the previous month. Sales volume YTD decreased 4.4 percent, to $2.80 billion.  “The market remains pretty stable as summer draws to a close,” said MAAR President Greg Renfrow. “Buyers have choices and sellers need to have their homes move-in ready.”