adventures in knoxville real estate by suzy trotta

Knoxville Foreclosure Watch: June 23, 2010

Hot enough for ya, Watchers?  In this week’s installment of Knoxville Foreclosure Watch, active listings were up while pending and closed listings were both down. In other words, the numbers are moving in all the wrong directions. Dangit.

In new listing news, 37914 and 37921 tied for first place with 4 each and 37915 was the only other zip with more than 1 new foreclosure listing with 2. And 37917 remains in first place with 66 new foreclosure listings so far this year.

Meanwhile in closed listing news, 37917 and 37931 had the most with 2 each and 37918, 37919, 37921, 37922 & 37923 all had 1 each. And 37918 is still in first place this year with 35 closed foreclosure listings.

Now for the breakdown -

Knox County Foreclosure Property Statistics as of 06/23/10*

Current On-Market Listings - 223
Average Asking Price: $139,484
Median Asking Price: $89,900
Most Expensive New Listing: $194,900 (4 BR, 3 BA, 3900+ sq ft on 1+ acre in Kimberlin Heights)
Least Expensive New Listing: $19,000 (3 BR, 1.5 BA, 1400+ sq ft off Summit Hill)

Notable New Listings:

North: $124,900 (3 BR, 2 BA, 1300+ sq ft in Halls)

South: No other new South Knox listings!

East: $69,000 (3 BR, 1 BA, 1500+ sq ft on N Chilhowee)

West: $144,900 (3 BR, 2 BA, 2100+ sq ft in Glenview)

Current Pending Sales - 101
Average Asking Price – $106,473
Median Asking Price – $84,900

Closed Sales June 16, 2010- June 22, 2010 - 9
Average Asking Price – $143,167
Average Sales Price – $136,772
Median Sales Price – $153,300
Average Days on Market – 62

*Data taken from KAARMLS on 06/23/2010 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. Ix-nay on the am-spay.

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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