Knoxville Foreclosure Watch: September 1, 2010
Welcome to the home stretch of the 3rd Quarter, Watchers! This week on Knoxville Foreclosure Watch, active foreclosure listings were down, while pending and closed listings were both up. And I’m doing my happy dance, because that means the numbers all moved in the right directions this week. Yes, it’s only one week, but after last week, I’ll take what I can get.
New listings were pretty spread out this week, with no clear front runner, but 37849, 37917, 37932 and 37934 all had 2 each. 37918 has the most so far this year with a total of 82 new foreclosure listings.
There was a 3 way tie for most closed listings last week: 37912, 37921 and 37931 all had 3 each. 37918 was next in line with 2 closed foreclosure listings and 37920, 37922, 37924, and 37938 all had 1 each.
Now for the breakdown -
Knox County Foreclosure Property Statistics as of 09/01/10*
Current On-Market Listings - 209
Average Asking Price: $134,961
Median Asking Price: $99,900
Most Expensive New Listing: $339,900 (5 BR, 4.5 BA, 3700+ sq ft in Saddle Ridge)
Least Expensive New Listing: $28,500 (3 BR, 1 BA, 1200+ sq ft on Luttrell)
Notable New Listings:
North: $269,900 (4 BR, 2.5 BA, 3700+ sq ft in Halls)
South: No new south listings!
East: $49,900 (3 BR, 1.5 BA, 1100+ sq ft fixer upper on .9 acre off Straw Plains Pike)
West: $86,500 (3 BR, 2 BA, 1300+ sq ft off Lovell Rd)
Current Pending Sales - 100
Average Asking Price – $115,863
Median Asking Price – $74,015
Closed Sales August 25, 2010- August 31, 2010 - 15
Average Asking Price – $146,853
Average Sales Price – $139,820
Median Sales Price – $108,500
Average Days on Market – 80
*Data taken from KAARMLS on 09/01/2010 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. Girl, I know you don’t want no spam.
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.
Closed Sales August 25, 2010- August 31, 2010 – 15Average Asking Price – $146,853Average Sales Price – $139,820Median Sales Price – $108,500Average Days on Market – 80
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