MLS Sales Statistics for April 2019

The Full Report Has Been Released

 Memphis-Area Market, MLS Sales Reports

Published Wednesday, May 15, 2019
 

The Multiple Listing Service sales report showed pending sales at 1,439 as of May 15, up 2.3 percent from mid-April. Active listings stood at 4,114, up 1.4 percent from a month earlier.

Other numbers of note:

  • Average sales price for April was $199,851, down 2.3 percent from a year ago.
  • Median sales price for April was $174,000, up 5.5 percent from a year ago.
  • The average market time in April was 59 days, same as a month earlier.
  • At the upper end of the market, there were 58 sales of $500,000 or more, up 23.4 percent from a month earlier.

Prepared for maar.org by Don Wade, 901.485.1653.