Question 1

What was the sale-to-list ratio in Shelby County for All Residential?

Accepted Answer

The average sale-to-list ratio for All Residential in Shelby County, TN was 96.27% as of April 5, 2026, based on Redfin closed transaction data. Sellers in this county accepted 3.73% below list price on average.

Question 2

What does the sale-to-list ratio in Shelby County mean for sellers?

Accepted Answer

A sale-to-list ratio of 96.27% in Shelby County means buyers closed at a discount of 3.73% below list price on average, as of April 5, 2026. This reflects actual negotiating outcomes across closed All Residential transactions in the county — not estimates. Source: Redfin.

Question 3

How is the sale-to-list ratio calculated for Shelby County?

Accepted Answer

The sale-to-list ratio for Shelby County, TN is the average of each closed sale price divided by its corresponding list price across all All Residential transactions recorded in this county. A ratio of 100% means buyers paid asking price on average; below 100% means buyers paid less; above 100% means buyers paid more. Data period ending April 5, 2026. Source: Redfin.

Question 4

Is the sale-to-list ratio in Shelby County higher or lower than last year?

Accepted Answer

The sale-to-list ratio in Shelby County is up 0.17 percentage points compared to the same period last year, as of April 5, 2026. A rising ratio means buyers are paying closer to — or above — list price; a falling ratio means the discount from list price is widening. Source: Redfin.

Sellers in Shelby County accepted 3.73% below list price on average — up 0.2% from last year.