1. October 2012
Memphis, TN
Market Trends

2. October 2012
For Memphis comparing 2011 to 2012 there are . . .
•147 More Properties sold than this time last year
•Listings have been selling 12 days slower in 2012 than 2011
•23% more listings under contract compared to 2011
•22% less listings for sale in 2012
•Average sales price has increased in 2012 by 11% or $12,000
•43% less monthly supply of inventory in 2012

3. October 2012
Number of Properties Sold
1,200
1,000
800
600
400
200
-
Oct-11 Nov-11
Dec-11 Jan-12
Feb-12 Mar-12
Apr-12 May-12
Jun-12 Jul-12
Aug-12 Sep-12

4. October 2012
Days on Market
120
100
80
60
40
20
-
Oct-11 Nov-11
Dec-11 Jan-12
Feb-12 Mar-12
Apr-12 May-12
Jun-12 Jul-12
Aug-12 Sep-12

5. October 2012
Pending Listings
1,400
1,200
1,000
800
600
400
200
-
Oct-11 Nov-11
Dec-11 Jan-12
Feb-12 Mar-12
Apr-12 May-12
Jun-12 Jul-12
Aug-12 Sep-12

6. October 2012
Number of Listings For Sale
12,000
10,000
8,000
6,000
4,000
2,000
-
Oct-11 Nov-11
Dec-11 Jan-12
Feb-12 Mar-12
Apr-12 May-12
Jun-12 Jul-12
Aug-12 Sep-12

7. October 2012
Average Sales Price
$140,000
$120,000
$100,000
$80,000
$60,000
$40,000
$20,000
$-

8. October 2012
Monthly Supply of Inventory
12.0
10.0
8.0
6.0
4.0
2.0
0.0
Oct-11 Nov-11
Dec-11 Jan-12
Feb-12 Mar-12
Apr-12 May-12
Jun-12 Jul-12
Aug-12
Sep-12

9. October 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.