Based on reported Sales Data*, the Downtown Memphis, there were 163 non-condo residential sales in 2010, a drop of 27 units from the 2009 total. Average Sale Price was $177,414 with Median Price at $200,000. The highest sale price was $590,000, off over $1M, from 2009’s $1,600,000 high sale. Average Sold $/Square Foot (Sales price÷Square […]
Hot house picks for the cool days of December
Have a look at this weeks hot house picks. Each unique in its own right. 2399 Eastwood – Midtown Memphis Let’s start with this Mid-20th Century contemporary Lustron home, one of only 2 still existing. This 2 Bedroom all metal home is priced at only $79,000, has Central air and heat, a large fenced yard, […]
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It’s time we come to grips with the Memphis Real Estate Market
According to the Memphis Area Association of Realtors®, there were 1,026 residential real estate sales in the MAAR MLS area in September, 2010 (full report). Year-to-date sales at the end of September were 10,865. Contrast that to the numbers from 2005, just before the bubble burst, when September sales were 1,516, and September-ending YTD was […]
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