Happy heat wave, Watchers!  In this week’s first above-freezing 2010 installment of Knoxville Foreclosure Watch, active foreclosures listings were down, while pending and closed foreclosure listings were both up. Now, that’s the way I like to see those numbers move!

Over in new listing news, 37920 continued its 2010 foreclosure streak with 4 new ones last week, easily making it the leader so far for the year. Only two other zips had more than one new listing and those were 37917 and 37918 with 3 each.

Meanwhile over in closed listing land. 37917 had the most with 2, while 37849, 37912, 37919 and 37934 all had 1 each.

Now for the breakdown -

Knox County Foreclosure Property Statistics as of 01/13/10 *

Current On-Market Listings - 210
Average Asking Price: $162,889
Median Asking Price: $109,900
Most Expensive New Listing: $418,000 (5 BR, 5.5 BA, 4800+ sq ft in Gettysvue Racquet Club)
Least Expensive New Listing: $21,250 (2 BR, 1 BA, 1800+ sq ft off MLK Blvd)

Notable New Listings:

North: $94,900 (3 BR, 1.5 Ba, 1500+ sq ft in Halls)

South: $122,900 (3 BR, 2 BA, 2400+ sq ft fixer upper on 4+ acres on Tiption Station)

East: $109,900 (3 BR, 1.5 BA, 1400+ sq ft in East Hills)

West: $279,900 (4 BR, 3.5 BA, 2900+ sq ft in Hardin Valley)

Current Pending Sales -98
Average Asking Price – $104,238
Median Asking Price – $79,900

Closed Sales January 06, 2010- January 12, 2010 - 6
Average Asking Price – $167,203
Average Sales Price – $172,000
Median Sales Price – $85,250
Average Days on Market – 89

*Data taken from KAARMLS on 01/13/2010 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!

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.

Enjoyed this Post? Share it!

Share on Facebook Tweet This!