There are 29 article(s) tagged Home sales:

• September 2020

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

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

    By Tom Bailey September 08, 2020

• July 2020

  • Sellers rule as home listings keep shrinking

    The number of houses for sale in the Memphis area has dropped by a third over the past year.

    By Tom Bailey July 10, 2020

• June 2020

  • Memphis home sales fall 20% in May

    The pandemic gets the blame for putting a hard brake on home sales in the Memphis area. But the average price for homes continues to rise and the year-to-date sales volume is still ahead of 2019.

    By Tom Bailey June 08, 2020

• May 2020

  • Coronavirus pandemic doesn’t deter desire for new homes

    Housing inventory and interest rates remain very low in the Memphis MLS, providing plenty of fuel for more new-home construction. 

    By Michael Waddell May 11, 2020