With strong close to year, local home sales surpass 2019 quantity; prices up 14%

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If we needed any more proof that 2020's economic troubles were far different than 2008's, the Memphis Area Association of Realtors' (MAAR) year-end report just delivered it. About 70 more local homes were sold in 2020 than in 2019, after a strong end of the year made up for April, May, and June. “To have more total sales in 2020 than the previous year, amid a pandemic, is remarkable,” Cassandra Bell-Warren, MAAR's 2021 president, said in a news release. The median sales price was also 14%…

The Business Journals | Residential Real Estate News


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