Home prices rise, ‘For Sale’ signs fade

By , Special to The Daily Memphian Updated: March 06, 2020 2:39 PM CT | Published: March 06, 2020 1:09 PM CT

The number of February home sales in the Memphis area rose 3 percent from February 2019, but the number of houses for sale – already persistently low for years – fell another 13.5 percent from a year ago, according to the Memphis Area Association of Realtors.

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MAAR 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.


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