09/09/2026
📊 SELLERS: The market has changed — and the numbers tell the story. I had ChatGPT do some digging for me. (Stats taken from www.maar.org)
Looking at August home sales across the Memphis area over the last 12 years, something really stood out to me.
🏡 August 2015: 1,483 homes sold
🏡 August 2021: 2,053 homes sold
🏡 August 2026: 1,254 homes sold
Yet the average sales price has climbed from about $165,000 in 2015 to over $300,000 today.
What does that mean if you’re thinking about selling?
Home values are still strong, but buyers are more selective. There are fewer transactions happening, and today’s buyers have more choices. Simply putting a home on the market and hoping it sells isn’t the strategy anymore.
👉 Price it right from DAY ONE.
👉 Make sure it shows its absolute best.
👉 Take care of obvious repairs before listing.
👉 Have a strong marketing plan that makes your home stand out from the competition.
You can still have a GREAT sale in this market — but preparation + pricing + marketing matter more than ever.
If you’re thinking about selling, I’d love to help you figure out where your home fits in today’s market. 🏡❤️
(So we don’t get fined by TREC)
⬇️
Ginny Tibbels, REALTOR®
ABR, RENE, PSA, MMDC
2025 TOP 50 in the Memphis Area
📱901-626-3369
RE/MAX Experts
☎️901-685-6000