Our Memphis Area Market Update

Here’s how our housing supply is looking in the Memphis Area right now.

Overall, Memphis is still in a strong seller’s market. We only have three weeks of housing supply available in the Memphis Area. Remember that the National Association of Realtors says a seller’s market is anything less than a five-month supply of homes. Bartlett, Arlington, Lakeland, Germantown, and Carnival all have two to three weeks of supply. East Memphis, midtown, and downtown have a one-month supply. Cordova has less than three weeks of supply. 

Many people have been asking about their specific neighborhoods, and yes, we can email you a monthly market update tailored to your neighborhood. If you want to get that or adjust how much you get it, give us a call or send an email. If you’re considering selling or just want to know the value of your house in the current market, call us, and we can discuss what it’s worth. We’d love to speak with you.