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July Memphis-area home sales down 37.2% from 2022

By , Daily Memphian Updated: August 10, 2023 2:21 PM CT | Published: August 09, 2023 5:36 PM CT

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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Sophia Surrett

Sophia Surrett

Sophia Surrett is a recent University of Alabama graduate, where she received her B.A. in news media and M.A. in journalism and media studies. She covers restaurants, residential real estate, and hospitality and tourism.


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