Welcome back, Watchers!  In this week’s edition of  Knoxville Foreclosure Watch, active and closed listings were slightly up, while pending listings were slightly down. Just another sleepy week here in Foreclosure Watchin’ Land. 

In new listing news, 37918 continued its hot streak with a whopping 6 new foreclosure listings this week. I’ve asked it before and I’ll ask it again: what up, Fountain City? Meanwhile, only 4 other zips had  more than one new foreclosure listing last week: 37849, 37912 and 37921 with 3 each and 37920 with 2. And despite the rash of recent 37918 foreclosure listings, 37917 is still in first place for the year with 137 new foreclosure listings so far (but 37918 is just behind it with 130).

Over in closed listing news, 37920 had the most with 3. Hey, south Knoxville is a mighty nice place to live! The other closed listings wer as follows: 2 each in 37917, 37918, 37923 and 37931 and 1 each in 37909, and 37922.

 

Now for the breakdown -

Knox County Foreclosure Property Statistics as of 11/04/09 *

Current On-Market Listings – 207
Average Asking Price: $149,106
Median Asking Price: $97,500
Most Expensive New Listing: $438,100 (4 BR, 3.5 BA, 4300+ sq ft in The Anchorage)
Least Expensive New Listing: $16,900 (3 BR, 1 BA, 1000+ sq ft off Merchants)

Notable New Listings:

North: $109,000 (4 BR, 2.5 BA, 1800+ sq ft in Halls)

South: $29,999 (3 BR, 1 BA, 1100+ sq ft off Sevier Ave)

East: $80,000 (3 BR, 2 BA, 1700+ sq ft off Straw Plains Pike)

West: $200,000 (4 BR, 2.5 BA, 2600+ sq ft almost completed new construction in Far View Hills)

Current Pending Sales -114
Average Asking Price – $101,302
Median Asking Price – $89,850

Closed Sales October 28, 2009- November 03, 2009 - 13
Average Asking Price – $104,215
Average Sales Price – $98,492
Median Sales Price – $88,500
Average Days on Market – 71

*Data taken from KAARMLS on 11/04/09 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.  No spamsies.

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!