TennBear 0 Report post Posted February 14, 2006 Real Estate Sales for Memphis 2005 24,825 home sales vs 2004 23,234 home sales a 6.8 % gain 2005 $155,386 average price vs 2004 $150,012 average price increase 3.6 percent 38103 Zip code South Main Arts District and Mud Island 2005 540 home sales vs 2004 423 home sales a 28 % gain The CCC projects about a 16 percent to 17 percent growth rate in that area with an additional 3,000 to 4,000 more residents in the south portion of Downtown Memphis in the next three to four years 38105 Zip code Uptown 2005 123 home sales vs 2004 47 home sales a 161.7 % gain 2005 $77,624 vs 2004 $36,124 average price increase 115 pecent 2006, Uptown could expand by 240 single-family homes and a 69-unit senior citizens' facility Share this post Link to post Share on other sites
hgupta 0 Report post Posted February 15, 2006 Real Estate Sales for Memphis 2005 24,825 home sales vs 2004 23,234 home sales a 6.8 % gain 2005 $155,386 average price vs 2004 $150,012 average price increase 3.6 percent 38103 Zip code South Main Arts District and Mud Island 2005 540 home sales vs 2004 423 home sales a 28 % gain The CCC projects about a 16 percent to 17 percent growth rate in that area with an additional 3,000 to 4,000 more residents in the south portion of Downtown Memphis in the next three to four years 38105 Zip code Uptown 2005 123 home sales vs 2004 47 home sales a 161.7 % gain 2005 $77,624 vs 2004 $36,124 average price increase 115 pecent 2006, Uptown could expand by 240 single-family homes and a 69-unit senior citizens' facility Thats great news. There was another article in the Memphis Daily News that also reported that Memphis is still growing strong despite growth of the suburbs: http://www.memphisdailynews.com/Editorial/...d.aspx?id=91189 Share this post Link to post Share on other sites
Bears 0 Report post Posted April 18, 2006 Memphis' housing market continues to grow strongly: http://www.commercialappeal.com/mca/real_e...4628473,00.html Share this post Link to post Share on other sites
