In 2013, Tennessee’s Shelby County posted a five-year high in home sales and average sale prices according to Chandler Reports data firm. The uptick in sales activity and strong pricing increases point to a slow, steady rebound for the industry, which slogged through a five-year slump following the onset of the recession, real estate agents said. The county netted 15,892 homes in 2013, up 6 percent from 14,936 homes sold in 2012.

The average home sales prices in Shelby County jumped 11 percent in 2013 to $138,072, up from $123,870 in 2012, and total sales volume for the year was $2.19 billion, up 19 percent from $1.85 billion in 2012.

According to Chandler Reports, 21 of Shelby County’s 34 ZIP codes experienced an increase in sales in 2013. Home sales reached their peak in August when 1,705 homes were sold with an average price of $139,559. The slowest month for sales in 2013 was February, when 918 homes were sold with average price of $115,363.

Collierville led the way in sales volume in 2013 at $300.9 million. Eads’ 38028 ZIP code had the highest average sales price at $481,830, followed by Germantown East’s 38139 ZIP code with an average sales price at $400,119. Bank, or foreclosure, sales plummeted in 2013. There were 3,030 bank sales recorded in 2013, down 21 percent from 3,818 bank sales in 2012. The average sales price of a foreclosed home was $74,243, up 10 percent from $67,497 in 2012.