Market Datavs. 1 year ago
30-year mortgage6.67%▲ +0.09 pts15-year mortgage5.96%▲ +0.25 pts10-year Treasury4.72%▲ +0.38 ptsMortgage spread1.95 pts▼ -0.29 ptsMedian list price$429k▼ -2.4%List $/sqft$226▼ -2.2%Days on market57▼ -1 daysActive listings1.13M▲ +2.1%New listings424k▼ -2.5%Pending sales470k▲ +1.9%Housing starts1.24M▼ -13.5%Building permits1.44M▲ +3.1%New-home sales628k▼ -5.6%Existing-home sales4.06M▲ +0.7%Months of supply9.3▲ +0.3 moMortgage delinquency1.89%▲ +0.12 pts
as of Aug 2026
Top Sales

Memphis, Tennessee Metro Area Top 5 Home Sales: Provence Place Custom Home Leads at $1.38 Million

A custom-built house in Provence Place sold for $1.38 million to lead the five highest-priced home sales publicly reported in the Memphis, Tennessee metro area for the week ending August 16, 2026.

Memphis, Tennessee Metro Area Top 5 Home Sales: Provence Place Custom Home Leads at $1.38 Million

A custom-built five-bedroom house on Belle Fleurs Cove, in the Provence Place community, sold for $1.38 million on August 14, the highest-priced home sale publicly reported in the Memphis, Tennessee metro area for the week of August 10 through August 16, 2026.

Together the week’s five leading closings account for $6.09 million. They span Provence Place, Spring Creek Ranch and South Wood Estates, with Collierville appearing twice on the list, and their build years run from 2002 to new construction completed this year.

No. 1 — $1,375,000 · 9125 Belle Fleurs Cv, Memphis, Tennessee

Top home sale No. 1 in the Memphis, Tennessee metro area β€” 9125 Belle Fleurs Cv, Memphis, Tennessee, week ending August 16, 2026

A custom-built house at 9125 Belle Fleurs Cv, in the Provence Place community, sold for $1,375,000 on August 14, 2026, the highest reported residential price anywhere in the Memphis metro area that week. Built in 2008, the five-bedroom house is recorded at a reported 6,392 square feet, with two of the bedrooms on the main floor.

Three fireplaces are spread through the house, which carries hardwood floors, a large keeping room, a media room, a gym and a three-car garage. The kitchen has been renovated, and recent work on the property includes a new roof in 2024, new HVAC systems, four tankless water heaters, new fencing and fresh paint throughout.

The rear of the house is set up for entertaining, with an outdoor cooking area fitted with retractable screens and a gunite pool in the private backyard. The property previously changed hands for $1,062,500 in 2009.

Suzanne M Culpepper of The Murphy Company, Realtors was the listing agent. The $1.38 million closing placed Culpepper on the listing side of the highest-priced home sale reported in the Memphis, Tennessee metro area for the week ending August 16, 2026. Mike Parker of The Firm represented the buyer.

See this property in Google Street View →

No. 2 — $1,285,000 · 9080 Forest Meadows Dr, Unincorporated, Tennessee

Top home sale No. 2 in the Memphis, Tennessee metro area β€” 9080 Forest Meadows Dr, Unincorporated, Tennessee, week ending August 16, 2026

New construction on three private acres just off Forest Hill Irene, 9080 Forest Meadows Dr recorded an August 14, 2026 closing at $1,285,000, the second-highest reported price in the metro that week. Finished this year, the five-bedroom house carries a reported 6,185 square feet in the Forest Meadows community.

An open-concept plan links the main entertaining rooms, and the kitchen is built around a quartzite island, custom cabinetry, a walk-in pantry and a scullery with a second dishwasher. The primary suite pairs a spa-style bath with an oversized walk-in closet, each secondary bedroom has its own en suite bath, and three more bedrooms and a flexible upstairs room sit on the second floor. Oversized sliding glass doors open to a covered outdoor room that looks over the homesite, and the property carries irrigation, natural gas and a four-car garage.

Christine S Abston and James T Walker of Remax Experts were the listing agents. The house went under contract 11 days after the current listing date and closed at its full asking price, ranking No. 2 in RealtyWire’s Top 5 reported home sales for the Memphis, Tennessee metro area for the week ending August 16, 2026. Adrian Henning of Kaizen Realty, LLC represented the buyer.

See this property in Google Street View →

No. 3 — $1,250,000 · 12555 Mags Ln, Collierville, Tennessee

Top home sale No. 3 in the Memphis, Tennessee metro area β€” 12555 Mags Ln, Collierville, Tennessee, week ending August 16, 2026

A 2024 custom build in Spring Creek Ranch took the week’s third-highest reported price: 12555 Mags Ln, in Collierville, changed hands for $1,250,000 in an August 14, 2026 closing. The four-bedroom house is recorded at a reported 5,426 square feet.

Casement windows run through the house, drawing light in and opening views of the surrounding landscape, and the main gathering room is anchored by a custom limestone fireplace. The kitchen carries a Venetian plaster hood and its own scullery, and wet bars are built in both upstairs and down. Outside, a gunite pool sits in a low-maintenance turf backyard.

Lauren Haynes of The Firm | Memphis Real Estate was the listing agent. The property closed at its full asking price and ranked No. 3 in RealtyWire’s Top 5 reported home sales for the Memphis, Tennessee metro area for the week ending August 16, 2026. The Firm | Memphis Real Estate also held the listing on the week’s No. 5 sale. Jimmy Reed of Marx-Bensdorf, Realtors represented the buyer.

See this property in Google Street View →

No. 4 — $1,100,000 · 1135 Poplar Acres Rd, Piperton, Tennessee

Top home sale No. 4 in the Memphis, Tennessee metro area β€” 1135 Poplar Acres Rd, Piperton, Tennessee, week ending August 16, 2026

1135 Poplar Acres Rd, a 2008 house in South Wood Estates in Piperton, closed on August 10, 2026 at $1,100,000, the fourth-highest reported price in the metro that week. The four-bedroom residence, a reported 5,595 square feet, was built as the builder’s own home, according to the listing.

All four bedrooms have private en suite baths, and the plan takes in a dedicated office, a media and playroom and a screened lanai overlooking the backyard. The kitchen carries new quartz countertops, a pot filler, a vegetable sink, pull-out spice racks, an expansive island, a walk-in pantry and a butler’s pantry with a wine refrigerator, and a separate climate-controlled wine closet sits nearby. Coffered and beamed ceilings, extensive trim work, built-ins and custom lockers run through the interior.

The grounds hold a full summer kitchen, a natural gas fire table and a custom heated gunite saltwater pool, with professional landscaping, a storm shelter and a new Atlas Class 4 impact-resistant roof. The property previously changed hands for $600,000 in 2014.

Cindy Elliott and Anthony Elliott of John Green & Co., Realtors were the listing agents. The house went under contract 6 days after the current listing date and closed as the fourth-highest reported home sale in the Memphis, Tennessee metro area for the week. Cindy Elliott of John Green & Co., Realtors represented the buyer.

See this property in Google Street View →

No. 5 — $1,075,000 · 1726 Patton Place Cv, Collierville, Tennessee

Top home sale No. 5 in the Memphis, Tennessee metro area β€” 1726 Patton Place Cv, Collierville, Tennessee, week ending August 16, 2026

The ranking finishes in Collierville’s Halle Plantation community, where 1726 Patton Place Cv recorded an August 10, 2026 closing at $1,075,000. Built in 2002, the six-bedroom house is recorded at a reported 5,979 square feet.

The flooring, kitchen, baths, laundry room and outdoor rooms have been renovated within the past five years, and the mechanical record is equally detailed: a new roof in 2022, four HVAC units in 2016 and hot water heaters in 2018. The house also carries French drains, a sprinkler system, security cameras, a whole-home speaker system, epoxy garage flooring with storage, a storm shelter and an added driveway parking pad.

Mature trees line the fence for privacy behind the house, where a covered patio, an outdoor wood-burning fireplace and a built-in grill area face a gunite pool that was resurfaced in 2022 and includes a saltwater converter option. Residents of the community have access to a golf course, tennis courts, a clubhouse, neighborhood pools, playgrounds and maintained common areas. The property previously changed hands for $585,000 in 2016.

Katrina Grubb of The Firm | Memphis Real Estate was the listing agent. The listing went under contract 2 days after the current listing date and closed as the fifth-highest reported home sale in the Memphis, Tennessee metro area for the week ending August 16, 2026. Adam Underwood of Crye-Leike, Realtors represented the buyer.

See this property in Google Street View →


RealtyWire selected these transactions from publicly reported residential sales identified for the calendar week ending Sunday, August 16, 2026. The report may exclude private, off-market, delayed or nondisclosed transactions. Prices, property details and professional representation are reported as available at publication and may be updated following confirmation from transaction participants.

Were you involved in one of these transactions? Contact RealtyWire to verify or correct your professional credit or submit information for a future edition.

See full market data on our Memphis, Tennessee market page.

βœ‰

Stay ahead of the market.

Get expert insights, market updates, and new opportunities delivered to your inbox.

RealtyWire Newsletter Signup
We respect your privacy. Unsubscribe anytime.