2012 data shows that the Memphis area realtors had a strong year, especially towards the end of 2012 when sales were consistent and surpassed 2011 figures by over 26 percent. The Olive Branch movers have learned that the monetary sales volume brought in by the 2012 activity was also 26 percent higher than numbers from 2011. The area certainly improved over the past December, with total residential sales weighing in at $145.6 million.
Looking towards the brokers, they had a stronger year over 2011 by a significant percentage. 17.2 percent more homes were sold in 2012 over 2011 with a grand total of residential sales over the year raking in $1.94 billion. Sales of existing homes were at the highest level in over two years–hopefully 2013 continues to bring the positive real estate trends.