Will Winter never end, Watchers? In this week’s installment of Knoxville Foreclosure Watch, active listings were up by one, pendings were up a little and closings were down a smidge. Not a lot of movement in any direction, so I’m OK with that.

37921 was in the lead for new foreclosure listings with 4 total last week, while 37721, 37917 and 37922 all tied for 2nd place with 3 each. Other zips with more than one new foreclosure listing included 37914, 37918, and 37924.

There were only 4 closed foreclosure listings this past week: 2 in 37920 and 1 each in 37918 and 37922. For those of you playing along at home, 37918 is now in the lead for the year with a total of 9 closed foreclosure listings so far.

Now for the breakdown -

Knox County Foreclosure Property Statistics as of 02/17/10 *

Current On-Market Listings - 214
Average Asking Price: $161,441
Median Asking Price: $109,950
Most Expensive New Listing: $401,500 (4 BR, 3.5 BA, 4900+ sq ft off Choto)
Least Expensive New Listing: $25,000 (3 BR, 2 BA, 900+ sq ft off Western Ave)

Notable New Listings:

North: $189,900 (4 BR, 3.5 BA, 3100+ sq ft in Halls)

South: $129,900 (4 BR, 2 BA, 2200+ sq ft in Lake Forest)

East: $59,900 (2 BR, 1 BA, 700+ sq ft off Magnolia)

West: $174,999 (3 BR, 2 BA, 1900+ sq ft in Gallaher Station)

Current Pending Sales - 130
Average Asking Price – $118,803
Median Asking Price – $89,450

Closed Sales February 10, 2010- February 16, 2010 - 4
Average Asking Price – $96,150
Average Sales Price – $91,015
Median Sales Price – $90,450
Average Days on Market – 74

*Data taken from KAARMLS on 02/17/2010 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 not included.

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!

Author: Suzy

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

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