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The Memphis Area Association of Realtors has released the November 2008 and 2008 YTD sales figures.November had a steep decline (31.2%) from 2007 in total sales and a 22% decline in median price of sold properties from 2007. Year-to-date, total sales are down 19% – 12,643 vs. 15,609 in 2007, and median price has dropped [...]
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I guess better late than ever, as sluggish figures lead to sluggish response. The Memphis Area Association of REALTORS’ Home Sales report for October 2008 and YTD has been out for a while, and I anticipate the November numbers to be out before Christmas.The downward trend continues in number of home sales (-18.6% YTD from [...]
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Memphis Real Estate market statistics for September and 2008 year-to-date have been released by the Memphis Area Association of REALTORS®. The report shows only a 3.1% decline from September, 2007 sales, but total sales for the year are off 18.4% (2007: 13,152; 2008: 10,733). Median price is off 12.9% from 2007, and average sales price [...]
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