Category Archives: Memphis Market Data

Memphis Home Sales Slow but Prices Take Off

Year-to-date home sales through March were down about 10% below last year but that didn’t stop home prices.  The median home price rose 15.5% to $95k during the period.  That gain is sharp for a city that is known as a dividend play for real estate investors. Much of the … Continue reading

You won’t find these homes on our site: Priciest Homes in Memphis

This is a fun article courtesy of the Memphis Business Journal that shows you what a couple mil buys you in Memphis. Enjoy! http://www.bizjournals.com/memphis/news/2012/08/15/the-priciest-homes-in-memphis.html?s=image_gallery

Memphis Ranked 3rd in 2011 Hiring:

A recent Gallup survey placed Memphis in line with San Antonio and Houston, TX in hiring for 2011.  The survey showed that 38% of employers in each of the mentioned cities were hiring.   At the bottom were Riverside-San Bernardino, CA, Virginia Beach, VA, and Las Vegas, NV with 23% … Continue reading

Memphis Tops List of Best Cities to Find a Job in March

According to Careercast.com, Memphis, TN topped their list of the best cities to find a job in March.  The firm takes the number of new job openings in a metro area and divides it by the population.  In Memphis, the number of new openings was up 14% from the prior … Continue reading

Memphis Inventory Down 14% in 2011

Over the last 12 months, inventory in Memphis has dropped by 14%.  Since 2008, inventory levels are down nearly 43% in the Memphis metro area.   And while supply stands at roughly 8 months worth, the pace of sales should increase in 2012 due to an improving local economy, continued … Continue reading