What’s up, Watchers? In this week’s installment of Knoxville Foreclosure Watch, active foreclosure listings were once again back up over 200, pendings stayed the same and closings were up by 3. You win some, you lose some, right?

In new listing news, 37931 was the surprise (tied) front runner this week with 4 new foreclosure listings.  I wonder what’s going on up there in Karns? Meanwhile, our old friend 37918 also had 4 new foreclosure listings this week, and is in fact in 1st place for the year so far with 17 total. Other zips with more than new listing included 37721, 37914, 37917, 37921, 37922, 37923, and 37924.

There were 10 closed foreclosure listings last week and 37849 was the only zip with more than one. 37871, 37914, 37917, 37918, 37920, 37922, 37924, and 37934 all had one each. And north Knoxville neighbors 37917 and 37918 are currently tied for first place with 8 total closings each so far this year.

Now for the breakdown -

Knox County Foreclosure Property Statistics as of 02/03/10 *

Current On-Market Listings – 213
Average Asking Price: $165,031
Median Asking Price: $109,900
Most Expensive New Listing: $949,000 (4 BR, 5.5 BA, 5300+ sq ft in Berkeley Park in Farragut)*
Least Expensive New Listing: $24,900 (2 BR, 1 BA, 900+ sq ft in Corryton)

*This is a bankruptcy sale.

Notable New Listings:

North: $173,300 (3 BR, 3 BA, 3800+ sq ft in Fountain City)

South: $52,000 (2 BR, 1 BA, 1100+ sq ft off Gilbert)

East: $80,000 (2 BR, 1 BA, 800+ sq ft on Ruggles Ferry)

West: $284,900 (6 BR, 4 BA, 5000+ sq ft in Cavets Station)

Current Pending Sales - 122
Average Asking Price – $109,306
Median Asking Price – $84,950

Closed Sales February 03, 2010- February 09, 2010 - 10
Average Asking Price – $152.905
Average Sales Price – $139,040
Median Sales Price – $100,000
Average Days on Market – 81

*Data taken from KAARMLS on 02/10/2010 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? No ma’am!

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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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