Memphis real estate market continues improvement | Cross River Real Estate

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.

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