In its February 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Shelby County, Tennessee.
For February 2024, the data showcases a Median Sale Price of $245,000 in Shelby County, a rise of 11.40% from the last month and a decrease 7.50% from the same period the previous year.
During this period, 605 homes were sold in the area, reflecting an increase 13.70% compared to the month beforeand and an increase of 0.50% from the same month in the previous year.
The Median Days on Market was 60 days, up 8 days from the previous month and up 12 days from the prior year.
With a Market Pulse Score of 84, the analysis suggests a falling trend in Shelby County’s housing market momentum.
For more information about the Shelby County, Tennessee market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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