Number of houses for sale rises, but by less than 1%

By , Special to The Daily Memphian Updated: April 08, 2021 8:27 AM CT | Published: April 08, 2021 8:23 AM CT

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.


Memphis Area Association of Realtors residential 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.