Question 1

What share of homes in Shelby County went under contract within 2 weeks?

Accepted Answer

41.5% of All Residential homes in Shelby County, TN went under contract within 14 days of listing as of April 5, 2026, based on Redfin data.

Question 2

What does the off-market rate in Shelby County mean for sellers?

Accepted Answer

When 41.5% of All Residential homes go under contract within two weeks in Shelby County, it reflects the pace at which well-priced listings are being absorbed by buyers. Higher rates indicate stronger buyer urgency. Source: Redfin.

Question 3

How is the off-market-within-2-weeks rate measured in Shelby County?

Accepted Answer

The off-market-within-2-weeks rate for Shelby County, TN measures the share of All Residential listings that went under contract within 14 days of their list date during the period ending April 5, 2026. Data source: Redfin.

Question 4

Are homes going under contract faster or slower in Shelby County than last year?

Accepted Answer

The off-market-within-2-weeks rate in Shelby County is down 2.9% compared to the same period last year, as of April 5, 2026. A rising rate means buyers are absorbing listings faster. Source: Redfin.

41.5% of homes in Shelby County went under contract within 2 weeks — down 2.9% from last year.