For the fourth consecutive month, home sales in Memphis have gone up in comparison to figures from same months in 2010. This past October, for example, there were 1,073 homes sold–versus last year’s 1,011. Also, the October 2011 figures were slightly up from September 2011, which came in at 1,069 sales.

The average price for homes in the area remained the same as 2010’s median, $121,191. Throughout the county, there were three homes valued greater than $1 million, which was up from 1 home last year. While the real estate market seems to be growing slowly, the Memphis movers hope that things not only continue in the right direction but also begin to really gain momentum.