Memphis-area home sales for December decreased 0.9 percent from a year ago, with 1,367 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales were up 25.9 percent from November, when there were 1,086 total sales. Average sales price from December-to-December was up 9.0 percent, at $156,102. Inventory decreased 4.8 percent, with 5,793 units listed for sale. Monthly sales volume YTD increased 7.9 percent to $2.60 billion for the whole of 2015
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