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Buy Memphis Now: 2018 In Review
As we approach the end of 2018 I thought it would be interesting to look over the data I have been keeping track of in regards to the sales of our company this year. The data I will provide is strictly for ppl who might like to see what the Memphis market looks like through the sales price and rental averages as we have tracked them. Let me know if there is any other data you might like to know about and if I tracked it I will be happy to post: Note: All homes sold were under a turnkey business model.
55 total sales in 2018 - 53 of them were conventional financing and only 2 were cash buyers.
38107 2 sold Avg price $99,900 Avg rent $950
38109 3 sold Avg price $76,566 Avg rent $841
38112 1 sold Avg price $77,000 Avg rent $825
38115 3 sold Avg price $109,266 Avg rent $1,058
38116 11 sold Avg price $99,363 Avg rent $1,047
38117 3 sold Avg price $100,933 Avg rent $941
38118 11 sold Avg price $84,918 Avg rent $863
38122 1 sold Avg price $95,000 Avg rent $895
38128 7 sold Avg price $92,785 Avg rent $902
38141 6 sold Avg price $104,583 Avg rent $987
38053 1 sold Avg price $109,900 Avg rent $995
38134 3 sold Avg price $103,233 Avg rent $998
38135 1 sold Avg price $114,900 Avg rent $1,050
Southaven MS 1 sold Avg price $83,450 Avg rent $850
Horn Lake MS 1 sold Avg price $129,900 Avg rent $1,250
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Not included in the data above we helped sell a total of 6 homes for past investors.
- Curt Davis