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 […]
April home sales down – home prices up
As I have pointed out in the past, the Memphis Area Association of REALTORS® releases 2 sets of monthly sales figures. By the 15th of the following month the MLS sales figures are released, then about a month later the final sales stats, as reported by the filing of deeds, are released. Based on MLS […]
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Memphis real estate charts don’t tell the whole story
Charts and Graphs For those who love stats about the Memphis residential real estate market, here are some graphs from various “reliable” sources about our market. Remember, though, they don’t necessarily tell the whole story. Altos Research: 1 Year Median Price vs Average Days on Market Data is, of course, reflective of the areas Altos […]
