The Memphis Area Association of Realtors has released year end residential sales statistics for the Memphis area, including Shelby, Tipton and Fayette Counties. Data is compiled from deeds recorded in those 3 counties. While the number of sales (15,602) lagged 2013 numbers by 3.9%, we saw a substantial increase, 12.1%, in median sales price – a […]
Why I work a niche market
I have been happily and loyally working a geographic niche market for the last few years. By “loyally”, I mean I don’t list or show properties outside my predetermined speciality area, which includes Downtown, Midtown and East Memphis (inside I-240). Here’s why: For years I was a generalist, covering just about any West Tennesse property […]
2013 was a pretty good year for Memphis Real Estate
Memphis Home Prices and sales numbers up for 2013 Year end sales figures have been compiled for the Memphis area real estate market. Reports produced by the Memphis Area Association of Realtors (MAAR) show an increase in unit sales numbers as well as increases in median and average sales prices. MAAR produces 2 reports, a […]