**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 |
|---|---|
 Zillow |
89 22% WoW 0% MoM |
For Sale Highlights
| Website | For sale |
|---|---|
 Homes.com |
225 8% WoW 0% MoM |
 Realtor.com |
225 2% WoW 0% MoM |
 Trulia |
200 -8% WoW 0% MoM |
| Zillow |
200 6% WoW 0% MoM |
Rental Highlights
| Website | For rent |
|---|---|
| Zillow |
480 -12% WoW 0% MoM |
| Market Trends |
 Homes |
 Realtor |
 Redfin |
 Trulia |
 Zillow |
||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median days on market | 51 | 60 | 52 | – | – | ||||||||||
| Median sale price | $233,927 | $188,000 | $174,900 | – | $156,600 | ||||||||||
| Median list price | $209,900 | $220,000 | – | – | $211,000 | ||||||||||
| Median price per sqft | $118 | $124 | $142 | – | – | ||||||||||
| Percent sales under list price | – | – | – | – | 60.04% | ||||||||||
| Percent sales over list price | – | – | 13.5% | – | 19.99% | ||||||||||
| Percent homes with price drop | – | – | 36.0% | – | – | ||||||||||
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.
