Happy Hump Day, Watchers!  In this week’s edition of  Knoxville Foreclosure Watch, active and closed foreclosure listings were down, while pending listings were up. And not only were active listings down, they were down below 200 – if just barely – for the first time in 9 whole weeks! Looks like I have to eat my words from last week, huh?

Over in new foreclosure news, 37921  had the most with 4.  Other zips with more than one new foreclosure listing included 37912, 37917, 37918 and 37920.  

There were 6 closed foreclosure listings last week: 3 in 37914, 2 in 37918 and 1 in 37912. And 37918 is still in the lead for the year with 55 closed foreclosure listings so far.

 

Now for the breakdown -

Knox County Foreclosure Property Statistics as of 10/14/09 *

Current On-Market Listings - 199
Average Asking Price: $148,232
Median Asking Price: $94,900
Most Expensive New Listing: $194,900 (4 BR, 2.5 BA, 1900+ sq ft in Conner’s Creek)
Least Expensive New Listing: $18,500 (2 BR, 1 BA, 800 sq ft on 1+ acre in South Knox)

Notable New Listings:

North: $89,900 (3 BR, 2 BA, 1300+ sq ft in Powell)

South: $129,900 (3 BR, 1.5 BA, 1400+ sq ft in Lake Forest)

East: $34,900 (2 BR, 1 BA, 800+ sq ft off Straw Plains Pike)

West: $139,555 (3 BR, 2.5 BA, 1700+ sq ft off Ball Camp)

Current Pending Sales -119
Average Asking Price – $107,118
Median Asking Price – $94,900

Closed Sales October 07, 2009- October 13, 2009 - 6
Average Asking Price – $51,652
Average Sales Price – $50,685
Median Sales Price – $54,205
Average Days on Market – 72

*Data taken from KAARMLS on 10/14/09 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.  Spam is bad, mmmkay?

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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