Are you there, Watchers? It’s me again, Suzy. In this week’s installment of Knoxville Foreclosure Watch, active and pending listings were both down a little while closed listings tripled from last week. Close, my little foreclosures, close!

There were 15 new foreclosure  listings this week and 37918 had the most with 3, keeping in the lead for most so far this year with 22 total. Other zips with more than 1 new listing included 37921, 37922, 37924 and 37938.

There were 12 closed foreclosure listings this past week and 37917 had the most with 3. The rest broke down like this: 2 in 37924 and 1 each in 37849, 37912, 37914, 37918, 37921, 37934, and 37938.

Now for the breakdown -

Knox County Foreclosure Property Statistics as of 02/24/10 *

Current On-Market Listings - 206
Average Asking Price: $159,581
Median Asking Price: $114,950
Most Expensive New Listing: $325,000 (5 BR, 3.5 BA, 3900+ sq ft in Corryton)
Least Expensive New Listing: $15,000 (2 BR, 1 BA, 800+ sq ft near south water front)

Notable New Listings:

North: $65,000 (5 BR, 2 BA, 3000+ sq ft Victorian fixer upper on Washington Pike)

South: No other new South listings!

East: $59,900 (3 BR, 2.5 BA, 2000+ sq ft double wide on 1+ acre in Carter)

West: $113,900 (3 BR, 2.5 BA, 2200+ sq ft in Farmington)

Current Pending Sales - 128
Average Asking Price – $110,412
Median Asking Price – $85,950

Closed Sales February 17, 2010- February 23, 2010 - 12
Average Asking Price – $117,192
Average Sales Price – $114,998
Median Sales Price – $73,900
Average Days on Market – 63

*Data taken from KAARMLS on 02/24/2010 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. I won’t spam you if you don’t spam me.

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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