Memphis & Shelby County New Housing Activity Through 3Q 2013
October 31st, 2013
Through the first 3 quarters of 2013, we have seen a 7.3% increase in new home sales and a 2% decrease in new home starts from the same period in 2012.
The Top Subdivisions Based on New Home Sales Through 9/30/2013
- Kensington in Arlington: 34 sales averaging $219,620
- Schilling Farms in Collierville: 32 sales averaging $308,565
- Fountain Brook in Cordova North: 31 sales averaging $190,842
- Gerland Creek in Southeast Shelby County: 26 sales averaging $145,856
- Wolf River Ranch in Collierville: 20 sales averaging $448,711
The Top Subdivisions Based on New Home Starts Through 9/30/2013
- Wolf River Ranch in Collierville: 43 permits averaging $371,244
- Gerland Creek in Southeast Shelby County: 31 permits averaging $170,615
- Kensington in Arlington: 30 permits averaging $199,736
- Woodgrove in Collierville: 23 permits averaging $252,939
- Fountain Brook in Cordova North: 22 permits averaging $192,552
Regency Home Builders is the Top Builder in Shelby County with 163 new home sales and 176 new home starts recorded in the first 9 months of the year.
Download our 3rd Quarter New Housing Analysis & Charts to review the most active new housing zip codes in the county with new housing trends for the past 10 years.
Categories: Uncategorized analysis, builder, charts, inventory, market trends, Memphis, new home sales, new housing, new housing inventory, permits, real estate, Shelby County
