Well, I’ll be! It’s Wednesday already and you know what that means - time to watch them there foreclosures. This week active listings and closed sales are up while pending sales are slightly down.

In new listing news, 37806 made its first appearance since I’ve been keeping tally and 37920 made up for lost time by contributing 4 new foreclosure listings to the pile this week.  And in case you were wondering, 37917 is still in the lead with 28 new foreclosure listings since mid-July of this year.

Now for the breakdown:

Knox County Foreclosure Property Statistics as of 9/03/08 *

Current On-Market Listings - 151
Average Asking Price: $135,755
Median Asking Price: $89,900
Most Expensive New Listing: $302,000 (3 BR, 2 1/2 BA, 2700+ sq ft in Karns)
Least Expensive New Listing: $17,000 (3 BR, 2 BA, approx 1300 sq ft in South-Doyle)

Notable New Listings:
North: $124,900 (3 BR, 2 BA, 1200+ sq ft in Halls)
South: $117,900 (3 BR, 2 BA, 1200+ sq ft off of Stone Road)
East: $137,000 (7 BR, 2 BA, 1600+ sq ft in Holston Hills)
West: $225,000 (4 BR, 3 1/2 BA, 3100+ sq ft in Concord Hills)
Current Pending Sales -107
Average Asking Price - $92,161
Median Asking Price - $72,500

Closed Sales August 27, 2008-September 02, 2008 - 11
Average Asking Price - $117,907
Average Sales Price - $109,023
Median Sales Price - $87,500
Average Days on Market -43

*Data taken from KAARMLS on 9/03/08 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. Between blogging and selling real estate, I honestly don’t even think I could find the time to spam you even if I wanted to. Which I don’t.

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