Memphis-area home sales for November increased 8.5 percent from a
year ago, with 1,180 total sales recorded in MAARdata. Total sales decreased
13.9 percent from October. Average sales price year-over-year was up 6.2
percent at $128,339. Inventory declined 4.4 percent, with 6,805 units listed
for sale. Sales volume YTD increased 19.3 percent to $1.79 billion.