The rebound in the Shelby County housing market continued in the second quarter.
Total home sales in the quarter were up 11 percent from previous year levels, with a total of 4,226 total homes sold in the county. According to Chandler Reports,total sales volume was up 21 percent as well.
The average sales price in Shelby County was $141,303, a 9 percent improvement over the $129,316 average sales price in the second quarter of last year.
The 38017 ZIP code in Collierville saw the highest number of sales in the quarter. A total of 290 homes were sold in that area alone.
Memphis real estate market continues improvement – Memphis Business Journal.