Top of the Market: Strong week for Collierville, Memphis outside the loop

In the midst of real estate’s slow season, Memphis’ high-end home market was relatively down the first week of the new year. The week’s top five houses sold for less than $4 million combined.

The week’s top home pictured above, sold for almost $1.1 million. Located on South Galloway Drive in East Memphis’ ZIP 38111, the 1929 mansion has six bedrooms and six bathrooms in 8,500 square feet.

The No. 2 home, which sold for almost $870,000, is located on East Angelwood Circle in East Memphis’ ZIP 38120.…

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