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.
Topic: Memphis Area Association of Realtors
RSSThere are 38 article(s) tagged Memphis Area Association of Realtors:
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April 2024
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March 2024
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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.
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January 2024
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Shelby County suburban home sales down in 2023
Home sales are down for the third straight year. But with interest rates on the decline, some are hopeful the market stabilizes in 2024.
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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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February 2023
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Inked: January home sales down, $5M Greenbelt dock expansion
This week’s Inked shares MAAR’s January 2023 home sales report and updates on Dwell at Shelby Farms and the Greenbelt dock expansion.
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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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October 2022
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Inked: Residential real estate dips, industrial real estate remains red hot
This week’s Inked highlights the Memphis Area Association of Realtors' September real estate report and CBRE’s third-quarter industrial and office report.
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September 2022
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Inked: Emerge building to be rebranded, Monster Mini Golf coming to Cordova
New Memphis moving to Emerge Building. Number of homes sold drops but August home prices up 5.2% over a year ago. Monster Mini Golf coming to Cordova.
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August 2022
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Inked: Home sales down 17.5% for July but inventory is way up
North Main Street project may soon be underway, the city is ready to renovate a former Coke bottling plant for its own uses and a California-based franchise will open its third area franchise, in Bartlett.
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July 2022
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Inked: Big River Market opens; June real estate sales up
This week’s Inked covers news on Big River Market’s grand opening, June real estate figures, Jones Aur Commercial Real Estate’s new partnership and CBRE’s industrial market report.
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February 2022
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Helping kids suits golf tournament organizers to a tee
The Memphis Area Association of Realtors (MAAR) annual Make-A-Wish Golf Tournament is the single-largest external fundraising event for Make-A-Wish Mid-South, exceeding $500,000 in the event’s 11-year history.
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Increasing home sales add to suburbs’ growth
Most suburbs saw more homes sell than the year prior. The seller’s market and low inventory continue to drive prices upward.
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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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August 2021
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July home sales, prices rose, but so did the number of ‘For Sale’ signs
“July was an incredible month and it’s been a very good year for home sales,” says local Realtors president Cassandra Bell-Warren.
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June 2021
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Memphis-area housing market hits ‘go-mode,’ sales rise 42%
The number of homes sold in Shelby, Tipton and Fayette counties last month rose 42% from May 2020. While prices continued rising, so did the number of homes on the market.
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May 2021
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Number of available homes rises 2.9% in April
The number of Memphis-area homes sold in April 2021 rose 25.9% compared to April 2020, local Realtors report.
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Chickasaw Gardens duplex hits the market for $1.2 million
About $4,000 is the projected, monthly rent for each of the two units. But the apartments – if that’s how a buyer uses them – are more than 3,000 square feet each, have luxury finishes, and are nestled in one of the city’s leafiest neighborhoods.
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April 2021
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Number of houses for sale rises, but by less than 1%
The number of home sales rose 45% from February and nearly 13% from a year ago. But the stat that affects more people the most – the inventory of homes available for sale – remained low at 1,990.
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March 2021
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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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February 2021
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January home sales rise 11.2%
The average price of houses sold continued to rise also, up nearly 15% compared to a year earlier.
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Confidence pays off for president of Memphis Area Association of Realtors
Cassandra Bell-Warren credits her mother and grandmother for the self-confidence and curiosity that has helped her experience the world she never saw from her childhood home in South Memphis.
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January 2021
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Memphis Realtors sold more houses during year of COVID-19 than in 2019
The number of houses sold in December rose 10.7 percent compared to a year earlier. And for the entire pandemic-plagued year of 2020, house sales still climbed slightly.
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Prices rise, fewer homes available in Frayser and Raleigh
A trend of rising housing prices combined with less homes available in Shelby County is reflected in two North Memphis neighborhoods: Frayser and Raleigh, albeit at different rates, according to Memphis Area Association of Relators (MAAR) data.
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December 2020
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Prices rise, sales increase for Memphis-area homes
The average price of a house sold in Shelby, Fayette and Tipton counties during November was $217,080, up 10.7% from a year earlier. But the number of houses for sale continues to shrink.
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