2. November 2012
For Memphis comparing 2011 to 2012 there are . . .
•55 more Properties sold than this time last year
•Listings have been selling 5 days faster in 2012 than 2011
•13% more listings under contract compared to 2011
•23% less listings for sale in 2012
•Average sales price has decreased in 2012 by 4% or $12,000
•37% less monthly supply of inventory in 2012
3. November 2012
Number of Properties Sold
1,200
1,000
800
600
400
200
-
6. November 2012
Number of Listings For Sale
12,000
10,000
8,000
6,000
4,000
2,000
-
7. November 2012
Average Sales Price
$140,000
$120,000
$100,000
$80,000
$60,000
$40,000
$20,000
$-
8. November 2012
Monthly Supply of Inventory
12.0
10.0
8.0
6.0
4.0
2.0
0.0
9. November 2012
Data provided by Terradatum.
The above representation is based in whole or in part on data from the local
Multiple Listing Service for the time period indicated. RE/MAX, the Multiple
Listing Service, and the member Associations of REALTORS do not guarantee or
are in any way responsible for the data accuracy.
