Knoxville Foreclosure Watch
Hey there, Watchers. Welcome to the first edition of Foreclosure Watch on the all new All Around KTown! This week the on-market listings and pending sales are both slightly up while there were only 2, count ‘em 2, closed sales. What’s up with that?
In other news, the number of new listings is up to 24 — but still down from previous weeks — and 37915 had it’s very first new foreclosure listing since I started keeping count in mid July.
Now for the breakdown:
Knox County Foreclosure Property Statistics as of 8/13/08 *
Current On-Market Listings - 154
Average Asking Price: $141,464
Median Asking Price: $90,400
Most Expensive New Listing: $529,000 (4 BR, 2 ½ BA, 3600+ sq ft in Polo Club)
Least Expensive New Listing: $24,900 (2 BR, 1 BA, 800+ sq ft off of Magnolia)
Notable New Listings:
North: $150,000 (3 BR, 2 BA, 1500+ sq ft on 1+ acre in Halls)
South: $72,000 (3 BR, 2 BA, 2000+ sq ft off of Moody)
East: $229,900 (4 BR, 2 ½ BA, approx 2200 sq ft in Holston Hills)
West: $479,900 (3 BR, 2 full bath, 3 half bath, 3300+ sq ft in Westmoreland Heights)
Current Pending Sales -109
Average Asking Price – $91,210
Median Asking Price – $74,900
Closed Sales July 30, 2008-August 5, 2008 - 2
Average Asking Price – $118,900
Average Sales Price – $120,500
Median Sales Price – NA
Average Days on Market – 47
*Data taken from KAARMLS on 8/13/08 for Knox County single family residential properties only, and does not include condos or PUDS.
As always, if you need more information on any of these properties, just drop me a line.
If you’d like to receive new foreclosure listings automatically, send me an email with “Foreclosure List” in the subject line, and I’ll do the rest. Not to worry, I hate spam as much as you do.
Why take the chance of ever missing out on Foreclosure Watch? Make sure you get all your foreclosure goodness every week by subscribing to All Around K-Town today, either by RSS or email!
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Hard working Knoxville real estate agent by day. Intrepid Knoxville real estate blogger by night. 
One response to "Knoxville Foreclosure Watch"
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