June Market Report

Memphis-area home sales for June increased 5.9 percent from a year ago, with 1,781 total sales recorded in the Memphis Area Association of REALTORS®MAARdata property records database. Sales were up 15.7 percent from May, when there were 1,539 total sales. Average sales price from June-to-June was up 5.2 percent, at $182,206. Inventory increased 1.9 percent, with 5,639 units listed for sale. YTD sales volume increased by 9.8 percent, at $1.34 billion.


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