We have created an easy to read comprehensive report on the Memphis Real Estate Market. The number of homes for sale is up from last month, as well as the number of pending transactions. The average and median sales prices are higher than last month. The average days on the market is down from last month, which means homes are selling quicker. 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 April Market Report! The data compiled is from March 2012.