There are 24 article(s) tagged Home sales:

• March 2025

  • Local home sales decline in February, but hope for spring blooms

    Frigid February weather stalled real estate sales, Memphis Area Association of Realtors’ President Greg Renfrow said. But a bounce back could be just around the corner. 

    By Dima Amro March 10, 2025

• December 2024

  • Pensive home buyers, sellers ready to move forward heading into 2025

    With elections over, housing developers and lenders are optimistic about the state of sales and the inventory of property for the coming year.

    By Michael Waddell December 04, 2024

• May 2024

  • April home sales in Memphis area up from last year

    “Huge increase in April sales from last year,” said Memphis Area Association of Realtors President Scott Bettis in the report. “There was also a sizable jump from March, and we’re now up more than 10% in sales for the calendar year.” 

    By Sophia Surrett May 21, 2024

• April 2024

  • March home sales in Memphis area were a mixed bag

    March total home sales were down almost 10% from last year but up 12.5% from February, according to the Memphis Area Association of Realtors housing-market report.

    By Sophia Surrett April 23, 2024

• March 2024

  • 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.

    By Sophia Surrett March 26, 2024

• January 2024

  • December home sales for Memphis are down from 2022

    In December, the average sales price for a house was $262,144, up 6.2%. 

    By Sophia Surrett January 16, 2024

• November 2023

  • 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.

    By Michael Waddell November 22, 2023

  • October home sales were up in the Memphis area

    East Memphis had the highest total home sales, and Southwind had the lowest.

    By Sophia Surrett November 10, 2023

• October 2023

  • 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.

    By Sophia Surrett October 06, 2023

• August 2023

  • 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.

    By Sophia Surrett August 10, 2023

• July 2023

  • 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.

    By Sophia Surrett July 12, 2023

• January 2023

  • 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.

    By Abigail Warren January 30, 2023

• December 2022

  • 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. 

    By Michael Waddell December 24, 2022

• March 2022

  • 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%.

    By Neil Strebig March 11, 2022

• February 2022

  • 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.

    By Michael Waddell February 28, 2022

  • 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.

    By Rob Moore February 09, 2022

• November 2021

  • October home sales up more than 5% from last year

    The Memphis Area Association of Realtors recorded 1,929 total home sales last month. 

    By Rob Moore November 05, 2021

• October 2021

  • September home sales up by double digits from 2020

    MAAR president Cassandra Bell-Warren said the market remains active. 

    By Rob Moore October 12, 2021

• March 2021

  • 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.

    By The Daily Memphian Staff March 27, 2021

  • 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.

    By Tom Bailey March 04, 2021

• 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