MyMarketPulse (mymarketpulse.com) recently disclosed its January 2025 findings on the housing market conditions in Shelby County, Tennessee.
The Median Sale Price for properties in Shelby County was documented at $265,000 for January 2025. This price point is an upward move of 3.9% from the previous month and shows a 17.8% rise from the year before.
The area witnessed the sale of 471 home during this period, which is a 28.4% decrease from the preceding month and a decrease of 12.9% compared to the same timeframe last year.
The Median Days on Market was 54 days, up 14 days from the previous month and up 1 day from the prior year.
The Market Pulse Score for Shelby County comes in at 88, pointing to a declining trend within the local real estate market.
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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