| Neighborhood | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Downtown Medical Center | $221,500 | +5.8% | $225,000 | $209,375 | $196,427 | Memphis | $82,900 | +17.8% | $73,000 | $70,350 | $85,600 |
The median sales price for homes in Downtown Medical Center for Sep 09 to Nov 09 was $221,500. This represents a decline of 1.6%, or $3,500, compared to the prior quarter and an increase of 5.8% compared to the prior year. Sales prices have appreciated 12.8% over the last 5 years in Downtown Medical Center, Memphis.
The median sales price of $221,500 for Downtown Medical Center is 167.19% higher than the median sales price for Memphis TN. Average listing price for homes on Trulia in Downtown Medical Center was $316,184 for the week ending Dec 08, which represents a decline of 0.2%, or $672 compared to the prior week and a decline of 3%, or $9,676, compared to the week ending Nov 17. Average price per square foot for homes in Downtown Medical Center was $562 in the most recent quarter, which is 473.47% higher than the average price per square foot for homes in Memphis.
| Neighborhood | Week ending Dec 8 | w-o-w | Week ending Dec 1 | Week ending Nov 24 | Week ending Nov 17 |
|---|---|---|---|---|---|
| Downtown Medical Center | $316,184 | -0.2% | $316,856 | $321,013 | $325,860 | Memphis | $180,041 | -0.3% | $180,559 | $180,757 | $182,224 |
| Neighborhood | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Downtown Medical Center | $562 | +287.6% | $167 | $145 | $141 | Memphis | $98 | +53.1% | $59 | $64 | $68 |
| Neighborhoods | Week ending Dec 9 |
w-o-w | Week ending Dec 2 |
Week ending Nov 25 |
|---|---|---|---|---|
| Midtown | 1 | — | 1 | 1 |
| Jackson - University Area PD | 2 | — | 2 | 2 |
| Frayser - Raleigh PD | 3 | — | 3 | 3 |
| Depot Planning District | 4 | +1 | 5 | 4 |
| Mc Kellar - Whitehaven-Levi PD | 5 | -1 | 4 | 5 |
| South Memphis Planning Dist | 6 | — | 6 | 6 |
Market Trends
Fair Housing and Equal Opportunity
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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