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Memphis and its surrounding metropolitan area is home to over one million people, the 40th largest metropolitan area in the U.S. Located on the Mississippi River just east of Arkansas and north of Mississippi, Memphis is in the southwest corner of Tennessee. The areas that make up the Memphis MSA (Metropolitan Statistical Area) are the counties of Crittenden, Desoto, Fayette, Shelby and Tipton.
This thriving city has real estate which many say is highly under-valued. In September of 2008 the average home price in Memphis was $142,000 a decrease of 17% from September 2007. There were 1,104 home sales in the month of September. There are still real estate deals in this great city but you need a local market expert to help you. Sue Parker is an experienced real estate professional who has had more than a 11 years of home buying and selling experience in the Memphis area, overseeing more than $25,000,000 of real estate transactions. For true local and knowledgeable service in the Memphis TN real estate market, contact Sue directly at 901-624-7887.
Memphis is a dynamic city with lots to see and do. The FedEx Forum Arena which opened in 2004 added to the resurgence of Downtown Memphis. Shops and eateries are thriving as the Forum plays host to tremendous crowds as home to the Memphis Grizzlies NBA basketball team as well as the national powerhouse University of Memphis Tigers basketball team. Other events include major concerts like The Rolling Stones, Elton John, and Destiny's Child, along with major boxing events, ice shows, the circus and more.
Turn-of-the-century trolley cars, restored to their former elegance, have returned to Main Street. They follow the same paths of their post-Civil War, mule-drawn predecessors, providing down town workers and visitors with convenient transportation and an exciting way to see the sights.
Down on Beale Street, music lovers from around the world come to sample the blues, jazz and rock 'n' roll, and if they're lucky, catch legendary B. B. King and his guitar "Lucille" entertaining at his Beale Street club. Likenesses of W C. Handy and Elvis look on as both young and old watch the streets where Handy, Memphis Minnie and Howling Wolf made their mark.
Beale Street is a favorite of both local and national blues artists who play in the many nightclubs or in Handy Park The city's musical past is chronicled at the Memphis Music and Blues Museum where you'll hear rare recordings and see vintage memorabilia from Sun Studios and Stax Records.
The Memphis Cook Convention Center features the new, state-of-the-art 2,100 seat Cannon Center for the Performing Arts, home of the Memphis Symphony Orchestra. The center also features over 300,000 square feet of meeting and exhibit space.
In Midtown, people are restoring homes to their original splendor in the historic Cooper-Young neighborhood, which is near the Overton Square entertainment district and and local colleges and universities. New businesses, restaurants, nightspots and galleries have opened. The vintage clothing stores, coffee houses and art galleries featuring local work give the area a distinctive bohemian feel. Every year, residents open their homes for tours and stage a popular street festival.
In the eastern part of the city, Germantown and more recently Collierville are experiencing unprecedented growth as new neighborhoods seem to spring up overnight, along with schools, restaurants, and shopping centers including the new regional Avenue of Carriage Crossing 786,000 square foot open air center. Southwind, located just south of Germantown, is an upscale community that is home to both families and businesses as well as the PGA Tournament Players Course.
With an average temperature of 62 degrees, Memphis has year-round easy living. The moderate climate allows golf and other outdoor activities to be played during all seasons. Sixty-four percent of daylight hours are sunny (more than Miami). Almost all precipitation is rain, with a few snowflakes in the winter months.
Visitors are quick to notice how the city is blanketed with trees, which makes the spring and fall seasons especially breathtaking. Memphis' geography is ideal for trees, shrubs and plants. The soil, a mixture of deep silt and clay, holds enough moisture to sustain the most majestic of trees. | |
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I keep an up to date list of these best properties for sale, so please contact me today so I can help you find the best deal that meets your needs.
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Memphis
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Green Glade
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MLS®
$948,900
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2 Story
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Residential
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10
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(1 Photos)
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Eads
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5-Cordova/Eads
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Cordova
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MLS®
$655,000
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4,500 sq. ft.
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2 Story
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Residential
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1
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unincorp
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Shelby County
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$479,900
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2 Story
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Residential
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8
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Memphis
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Pleasant Acres
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MLS®
$399,900
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Single Story
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Residential
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13
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Memphis
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3153033
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River Oaks
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MLS®
$369,000
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1 1/2 Story
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Residential
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8
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Lakeland
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Shelby County
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$359,900
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3,300 sq. ft.
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2 Story
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Residential
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8
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Memphis
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White Station
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MLS®
$295,000
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Ranch
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Residential
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10
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Memphis
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793E
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Riverwood Farms
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MLS®
$289,000
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3,409 sq. ft.
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2 Story
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Residential
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15
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Memphis
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3145518
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Mud Island
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MLS®
$270,000
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2,170 sq. ft.
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2 Story "Traditional - New Orleans Style"
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Residential
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15
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Memphis
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Evergreen Historic District
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MLS®
$269,900
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3,912 sq. ft."4 units - 2x 2 BR and 2x 1 BR"
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Single Story
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Multifamily
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7
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Memphis
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Buckingham Farms
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$263,000
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2,800 sq. ft.
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Single Story
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Residential
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5
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Memphis
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1-Downtown/Midtown
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Downtown
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MLS®
$250,000
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Commercial
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Commercial
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2
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Memphis
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Greentrees
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MLS®
SALE PENDING
$242,900
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2,708 sq. ft."All on one level"
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Single Story "Soft Contemporary"
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Residential
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13
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Arlington
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Shelby County
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MLS®
$239,900
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2,649 sq. ft."approx sq ft per apprasial information"
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2 Story
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Residential
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797a
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Shelby County
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MLS®
$239,000
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2,900 sq. ft.
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1 1/2 Story
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Residential
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20
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For more information on the Memphis TN real estate area please contact Sue @ 901-624-7887 or fill out your name and email in the form below. Whether you are planning to buy your first home or sell your existing home, contact us today!
We'd love to hear from you!
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