Memphis-area housing market hits ‘go-mode,’ sales rise 42%

By , Special to The Daily Memphian Updated: June 03, 2021 7:52 PM CT | Published: June 03, 2021 7:04 PM CT

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.


Memphis Area Association of Realtors residential real estate Cassandra Bell-Warren Subscriber Only

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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.