When comparing June 2012 sales figures to June 2011, it seems apparent that Memphis area home sales have fallen 2.4 percent, according to data collected and analyzed by the Memphis Area Association of Realtors. In addition, sales for June of this year were a drop from May by 11.4 percent. However, there is some good news for the Memphis movers and the local market: the average sales price has gone up over 9 percent, bringing the current average to $146,198.

Sales volume is also up for the year so far, almost 17% over 2011’s first half numbers.We’ll keep you posted on trends and data that is collected from the second half of 2012 and we’ll see if we can stay ahead of the 2011 numbers.