Here's the Memphis Area Association of Realtors report for June 2022, nicely summed in an article by Omer Yusuf of The Commercial Appeal.
It details the four main things you should know about the current Memphis real estate market.
https://www.commercialappeal.com/story/money/business/2022/07/12/memphis-real-estate-prices-sales-inventory-june-2022/7824815001/