January was a fruitful month for residential realtors in the area, according to a report produced by the Memphis Area Association of Realtors. Final numbers showed an increase over January 2012 homes in January 2013 by about 46 percent. A total volume of 1,259 homes were sold in January at a median price of $88,000, which marks a rise in median pricing by 17 percent from 2012.

The average sales price also grew in the region, with monthly sales volume rising significantly–57 percent over last year! Even as recently as December 2012 there has been growth, with figures rising 9 percent over the 1 month period. The Germantown movers have found that existing sales specifically felt quite a significant surge of growth on their own, with existing sales showing 50 percent growth in sales volume compared to January 2012–impressive! Neighborhoods seeing the benefit and boost in sales have been targeted as: East Memphis, Downtown, Frayser, Cordova, Germantown, Arlington, Millingon, and Parkway Village/Oakhaven.