adventures in knoxville real estate by suzy trotta

Knoxville Foreclosure Watch: November 28, 2012

Did you win the Powerball Watchers? If so, don’t forget your favorite real estate blogger, K? :) This week on Knoxville Foreclosure Watch, active and pending foreclosures were both slightly up, while closings were both slightly down. All in all, only slightly good, but that’s better than really bad, I suppose.

There were 20 new foreclosure listings and old favorite 37917 had the most with 4. Other zip codes with more than one new foreclosure listing included 37919, 37920, 37921, and 37931.

 

 

 

There were 7 closed foreclosure listings last week and they broke down like this: 2 in 37922 and 1 each in 37912, 37917, 37919, 37920 and 37924.

Now for the breakdown -

Knox County Foreclosure Property Statistics as of 11/28/12*

Current On-Market Listings – 200
Average Asking Price: $122,123
Median Asking Price: $69,125
Most Expensive New Listing: $289,900 (4 BR, 3.5 BA, approx 3000 sq ft off Lovell Rd)
Least Expensive New Listing: $25,000 (2 BR, 1 BA, 800+ sq ft off Sevierville Pike)

Notable New Listings:
North: $55,000 (3 BR, 2.5 BA, 1900+ sq ft in Oakwood)
South: $69,900 (3 BR, 2 BA, approx 1600 sq ft on 1+ acre off Tipton Station)
East: $68,000 (3 BR, 2 BA, 1100+ sq ft off Millertown Pike)
West: $98,000 (3 BR, 2 BA, 1500+ sq ft off Western Ave)

Current Pending Sales – 147
Average Asking Price – $100,541
Median Asking Price – $82,000

Closed Sales November 21, 2012- November 28, 2012 – 7
Average Asking Price – $111,871
Average Sales Price – $107,744
Median Sales Price – $86,900
Average Sq Ft – 1739
Average Days on Market – 116

*Data taken from KAARMLS on 11/28/2012 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’m all out of spam. But I’m not so lost without it. 

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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