Knoxville Foreclosure Watch: August 18, 2010
How is it already time to go back to school, Watchers? In this week’s installment of Knoxville Foreclosure Watch, active listings were finally down from their two week high, pendings were finally up right at 100 and closings were… well… down. But hey, two out of three ain’t bad these days, right?
37922 was the surprise new listing front runner this week with 4 new foreclosure listings. West Knoxville’s not immune, ya’ll. Other zips with more than one new listing included 37849, 37917, 37918, 37921, and 37931.
Meanwhile over in closed listing news, 37921 had the most with 2, while 37721, 37849, 37909, 37920, and 37931 had 1 closed foreclosure listing each.
Now for the breakdown -
Knox County Foreclosure Property Statistics as of 08/18/10*
Current On-Market Listings - 225
Average Asking Price: $135,609
Median Asking Price: $95,000
Most Expensive New Listing: $639,900 (5 BR, 5.5 BA, 5900+ sq ft in Whittington Creek)
Least Expensive New Listing: $14,900 (2 BR, 1 BA, 1100+ sq ft in Fountain City area)
Notable New Listings:
North: $26,000 (2 BR, 1 BA, 900+ sq ft near Fourth & Gill)
South: No new south listings!
East: $69,900 (3 BR, 1 BA, 1600+ sq ft in Carter)
West: $170,900 (3 BR, 2.5 BA, 2400+ sq ft with pool in Lakeshire)
Current Pending Sales - 100
Average Asking Price – $118,852
Median Asking Price – $82,400
Closed Sales August 11, 2010- August 17, 2010 - 7
Average Asking Price – $67,557
Average Sales Price – $68,409
Median Sales Price – $30,015
Average Days on Market – 50
*Data taken from KAARMLS on 08/18/2010 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. Spam, shpam.
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Author: Suzy
Hard working Knoxville real estate agent by day. Intrepid Knoxville real estate blogger by night.
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