February home sales up from last year
Year-to-date home sales hit 2,344, up 18% from the same period a year ago. However, sales were down from last month.
Topic: Home sales
RSSThere are 20 article(s) tagged Home sales:
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March 2024
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January 2024
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December home sales for Memphis are down from 2022
In December, the average sales price for a house was $262,144, up 6.2%.
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November 2023
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Suburban sellers need to ‘stop being greedy’ in current housing market
Interest rates and other factors have led to a slowdown in the Memphis-area housing market. But experts believe the situation is not as troublesome as the Great Recession.
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October home sales were up in the Memphis area
East Memphis had the highest total home sales, and Southwind had the lowest.
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October 2023
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September home sales are down in the Memphis area
September’s monthly sales volume was $366 million, down 28.2% compared to the $510.1 million recorded in September 2022, according to the Memphis Area Association of Realtors September market report.
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August 2023
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July Memphis-area home sales down 37.2% from 2022
In Shelby County, 1,120 total sales were recorded for July compared to last July’s 1,819 units — a 38.4% decrease. The average sales price was $292,978, an 11% increase from $263,922.
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July 2023
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June home sales down 12.6% from 2022
Although total home sales have decreased from last year, June sales rose 43.3% over May’s sales.
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January 2023
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Suburban home sales dip in 2022 as market stabilizes
Suburban home sales dipped in 2022, and new home sales remained low compared to the previous year.
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December 2022
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Suburban residential home market softening
Nationally, home sales notched their longest streak of declines in 23 years as sales dropped for a 10th consecutive month in November.
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March 2022
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February home prices up over a year ago
The Memphis area saw a 15.5% increase in average sales price last month compared to a year ago, and Whitehaven’s increase was 80%.
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February 2022
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Healthy 2022 expected for suburban housing starts
The future of home sales, both existing and new construction looks bright for the three suburbs in Northeast Shelby County.
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January home sales down 13% from last year
“It’s competitive when making an offer, especially with inventory running a little low,” MAAR president Bill Stewart said in a statement.
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November 2021
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October home sales up more than 5% from last year
The Memphis Area Association of Realtors recorded 1,929 total home sales last month.
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October 2021
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September home sales up by double digits from 2020
MAAR president Cassandra Bell-Warren said the market remains active.
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March 2021
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Oh, snap: This week’s best photos
A peek at the best images from this week. We learned about some places around town to grab a glance at the spring flowers, and if you want a home of your own to enjoy gardening, we’ve got that covered too. Oh, and MemPops and high school soccer are back, in person.
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Memphis homes on market dip below 2,000; average sales price tops $200,000
The number of houses sold in Shelby, Fayette and Tipton counties in February dropped 5.2% from a year earlier. But the week of snowy weather was likely a factor.
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September 2020
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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.
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July 2020
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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.
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June 2020
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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.
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May 2020
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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.
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