Sales in the Memphis market remained level with one home sold over the past 30 days. However, the number of sellers reducing their listing price is still in the midst of a downward trend with one price reduction in the same time frame. The median sales price of all transactions in Memphis did not budge this week, remaining at $135,000. In spite of flat sales, a low three months of inventory signals that Memphis is a seller's market.
If you need more bedrooms, take a look at these homes in Memphis that offer more than other listings:
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