Whatcha up to Watchers? In this week’s installment of Knoxville Foreclosure Watch, active foreclosure listings were down, while pending and closed foreclosures listings were both up. And yeah, those are all moving in the right directions. Go, go, 2010 Knoxville real estate market!

In new listing news, 37914 had the most with 4 new foreclosure listings. Other zips with more than new listing included 37806, 37849, 37917, 37918, 37920, and 37921.

37914 was also the leader in closings this week, with 4 closed foreclosure listings.  The other closed listings broke down like this: 2 each in 37912 and 37918 and 1 each in 37849, 37917, 37920, and 37934.  And 37917 is in the lead so far with 6 closed foreclosure listings so far this year.

Now for the breakdown -

Knox County Foreclosure Property Statistics as of 01/27/10 *

Current On-Market Listings - 208
Average Asking Price: $166,558
Median Asking Price: $109,900
Most Expensive New Listing: $625,000 (4 BR, 3.5 BA, 4000+ sq ft in The Anchorage)
Least Expensive New Listing: $14,900 (2 BR, 1 BA, 900+ sq ft off Asheville Hwy)

Notable New Listings:

North: $200,000 (4 BR, 3 BA, 3400+ sq ft on Old Clinton Pike)

South: $149,900 (4 BR, 2.5 BA, 2100 sq ft in South-Doyle)

East: $99,900 (3 BR, 2 BA, 1800+ sq ft south of Boyd’s Bridge Pike)

West: $149,800 (3 BR, 2.5 BA, 1600+ sq ft in Benington)

Current Pending Sales - 108
Average Asking Price – $103,087
Median Asking Price – $79,900

Closed Sales January 20, 2010- January 26, 2010 - 12
Average Asking Price – $109,246
Average Sales Price – $102,229
Median Sales Price – $57,500
Average Days on Market – 54

*Data taken from KAARMLS on 01/27/2010 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. Nobody likes unsolicited email, so you won’t get any from 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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