Perkins Waring · Memphis, TN

Is Now a Good Time to Sell in Perkins Waring, Memphis?

The median home in Perkins Waring sells for $547,000 with prices up 6% year-over-year. Ridley's flat fee saves you $12,911.

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Perkins Waring Real Estate Market Conditions

52out of 100

Ridley Sell Score

How it's scored →

Moderate

52/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Perkins Waring market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Don't count on bidding wars — price to attract offers rather than leave room for negotiation. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Tennessee average is 5.9.

Price MomentumNeutral

Prices up 5.700483092% year-over-year — vs. -0.3% statewide.

Seller LeverageFavors buyers

Homes selling at 94.29% of asking — buyers are negotiating 5.7% below list. Tennessee average is 97%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the Tennessee average of 13%.

Sale SpeedFavors sellers

23.5 median days on market — 66 days faster than the Tennessee average.

Market UrgencyNeutral

20% of listings go pending within 2 weeks — vs. 22.4% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Tennessee average is 21.2%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$547,000

+6%

Days on Market

23.5

Price per Sq Ft

$184

Sale-to-List Ratio

94.29%

Homes Sold

4

Pending in 2 Weeks

20%

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Memphis — delivered monthly.

Your savings

How much can you save selling in Perkins Waring?

$0Estimated savings

That's a dream family vacation — save 2.4% of your home value

$547,000

$50,000$10M

Traditional Agent (3%)

$16,410

Ridley Pro (flat fee)

$3,499

Ready to sell in Perkins Waring?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in Perkins Waring

Traditional AgentBest valueRidley ProRidley Essentials
Listing fee$16,410$3,499$999
Buyer agent$15,3162.8% avg$10,940~2% avg$10,940~2% avg
Closing costs (~1.5%)$8,205$8,205$8,205
Total cost$39,931$22,644$20,144
You save$12,911$15,411

Based on the Perkins Waring median home price of $547,000. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Perkins Waring

A flat fee of $3,499 instead of the typical $16,410 commission — with a dedicated agent at every step.

1

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Perkins Waring market data so you list at the right price.

2

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

3

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Perkins Waring buyers look — plus a custom Ridley listing page with AI chat.

4

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

5

Close and keep $12,911 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

FAQ

Common questions about selling in Perkins Waring

Ready to sell in Perkins Waring?

Save $12,911

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