adventures in knoxville real estate by suzy trotta

Knoxville Foreclosure Watch: January 9, 2013

Welcome to the first official Foreclosure Watch of 2013, Watchers! Since we’re starting with blank slate, as we do at the beginning of every year, charts will be at a minimum until there’s enough data to fill them. They should be back next week. Don’t panic. And yes, the 2012 FW year end wrap up is still coming — just as soon as I can get caught up on all this other “work” stuff I have to do.

Straight to the breakdown!

Knox County Foreclosure Property Statistics as of 01/09/13*

Current On-Market Listings – 173
Average Asking Price: $129,800
Median Asking Price: $85,288
Most Expensive New Listing: $1,450,000 (6 BR, 9.5 BA, 8600+ sq ft, built in 1920 in Sequoyah Hills area)
Least Expensive New Listing: $33,500 (3 BR, 1 BA, 900+ sq ft in Gibbs)

Notable New Listings:
North: $172,400 (4 BR, 2.5 BA, 3200+ sq ft on Emoriland Blvd)
South: $80,000 (3 BR, 1 BA, 1400+ sq ft in Colonial Village)
East: $89,900 (3 BR, 2 BA, 1300+ sq ft off Rutledge Pike)
West: $107,500 (3 BR, 2.5 BA, 1100+ sq ft in Farmington)

Current Pending Sales – 128
Average Asking Price – $100,541
Median Asking Price – $82,000

Closed Sales January 01, 2013- January 08, 2013 – 12
Average Asking Price – $97,233
Average Sales Price – $91,029
Median Sales Price – $77,250
Average Sq Ft – 1633
Average Days on Market – 53

*Data taken from KAARMLS on 01/09/2013 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 is so 2012.

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!

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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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