adventures in knoxville real estate by suzy trotta

Knoxville Foreclosure Watch: December 18, 2013

Ho, ho, ho, Watchers! This week on Knoxville Foreclosure Watch, pending foreclosure listings were down, but active and closed foreclosure listings were both down like Jolly Old Saint Nick down the chimney. Also, closings were double the number of  new foreclosure listings. It’s a small Christmas present, but I’ll take it.

By the way, there will be Foreclosure Watch next week, but it will most likely be a little bit later, since I have a lot of presents to deliver on Tuesday and Wednesday 🙂

To the charts!

Now for the breakdown —

Knox County Foreclosure Property Statistics as of 12/18/13*

Current On-Market Listings – 132
Average Asking Price: $108,653
Most Expensive New Listing: $249,900 (4 BR, 3 BA, 3200+ sq ft in Hardin Valley)
Least Expensive New Listing: $34,900 (2 BR, 1 BA, 700+ sq ft off Magnolia)

Notable New Listings:
North: $82,000 (2 BR, 3 BA, 1900+ sq ft off Tazewell Pike)
South: $99,900 (2 BR, 1 BA, 1100+ sq ft in Lake Forest)
East: No other new east listings!
West: $235,000 (3 BR, 2.5 BA, 2800+ sq ft off Westland)

Current Pending Sales – 70
Average Asking Price – $110,978
Median Asking Price – $79,950

Closed Sales December 11 , 2013, December 17, 2013 – 10
Average Asking Price – $126,020
Average Sales Price – $119,714
Median Sales Price – $77,770
Average Sq Ft – 1836
Average Days on Market – 133

*Data taken from KAARMLS on 12/18/2013 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 can suck it. 

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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Author: Suzy

Hard working Knoxville real estate agent by day. Intrepid Knoxville real estate blogger by night.

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