Memphis-area home sales fall 5.3% in August, but prices rise

By , Special to The Daily Memphian Updated: September 08, 2020 5:50 PM CT | Published: September 08, 2020 5:50 PM CT

The average sales price for Memphis-area homes this August rose to $221,098, up 13.3% from $195,134 in August 2019.

Topics

Memphis Area Association of Realtors Home sales Real Estate
Tom Bailey

Tom Bailey

Tom Bailey retired in January as a business reporter at The Daily Memphian, and after 40 years in journalism. A Tupelo, Mississippi, native, he graduated from Mississippi State University. He has lived in Midtown for 36 years.


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