**Last month sold data is not available in Realtor, Homes and Trulia
Sales rate = no of properties sold/avg no of properties listed
Sold Highlights
| Website | Sold |
|---|---|
 Redfin |
72 3% WoW 9% MoM |
 Zillow |
58 -12% WoW 0% MoM |
For Sale Highlights
| Website | For sale |
|---|---|
 Homes.com |
201 14% WoW 0% MoM |
 Realtor.com |
205 16% WoW 0% MoM |
| Redfin |
196 17% WoW 0% MoM |
 Trulia |
171 16% WoW 0% MoM |
| Zillow |
171 16% WoW 0% MoM |
Rental Highlights
| Website | For rent |
|---|---|
| Zillow |
551 -21% WoW 0% MoM |
| Market Trends |
 Homes |
 Realtor |
 Redfin |
 Trulia |
 Zillow |
||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median days on market | 50 | 51 | 42 | None | None | ||||||||||
| Median sale price | $233,334 | $189,950 | $195,000 | – | $155,717 | ||||||||||
| Median list price | $209,000 | $225,000 | – | – | $212,983 | ||||||||||
| Median price per sqft | $117 | $129 | $141 | – | – | ||||||||||
| Percent sales under list price | – | – | – | – | 61.62% | ||||||||||
| Percent sales over list price | – | – | 20.2% | – | 16.84% | ||||||||||
| Percent homes with price drop | – | – | 37.7% | – | – | ||||||||||
WoW (Week-over-Week): Represents the percentage change in the number of properties compared to the previous week.
MoM (Month-over-Month): Reflects the percentage change in the number of properties compared to the previous month.
Medain days on market: The median number of days that homes in Memphis, TN remain listed before being sold.
Medain sale price: The median price at which homes across Memphis, TN were sold.
Medain list price: The median price at which homes across Memphis, TN were listed.
Medain price per sqft: The median sale price per square foot in Memphis, TN.
Percent of Sales Under/Over List price: Share of sales where sale price below/above the final list price; excludes homes sold for exactly the list price.
Percent homes with price drop: The share of homes that have reduced their price from the initial listing price.
