March Market Report
MEMPHIS, Tenn., April 6, 2018 – Memphis-area home sales for March decreased 11.1
percent from a year ago, with 1,473 total sales recorded in the Memphis Area Association
of REALTORS® MAARdata property records database. Sales were up 23 percent from
February when there were 1,198 total sales. Average sales price from March-to-March was
up 8.9 percent, at $170,581. Inventory increased 0.8 percent, with 3,883 units listed for sale.
Year-to-Date sales volume was up 6.9 percent at $659.6 million.
To view the entire report, click here.
Courtesy of the Memphis Area Association of Realtors®