We have created an easy to read comprehensive report on the Memphis Real Estate Market. With interest rates being lowest in history, it is a great time to buy a home! The number of homes for sale is up from last month, which gives buyers more inventory to choose from. The number of pending transactions are also up from last month. The most significant market changes are by price level, zip codes & area and are included in our market report; just click to view the complete February Market Report! The data compiled is from January 2012.