Whatcha up to Watchers?  In this week’s edition of  Knoxville Foreclosure Watch, active foreclosure listings crept back up a little, pendings were down a good bit , and closings tripled. That tripling was probably due to last week’s record high number of pendings, because what goes pending must eventually close. Or fall through, but let’s not talk about the ones that fall through – those makes Realtors cry

There were a total of 25 new foreclosure listings in Knox County last week 37914 had the most with 4. Other zips with more than one new listing included 37806, 37917, 37918, 37920, 37921, and 37931.

 

There were 15 closed foreclosure listing last week and they broke down as follows: 3 each in 37912 and 37920, 2 in 37934, and one each in 37721, 37909, 37915, 37917, 37918, 37921, and 37922.

 

Now for the breakdown -

Knox County Foreclosure Property Statistics as of 9/16/09 *

Current On-Market Listings - 212
Average Asking Price: $137,621
Median Asking Price: $89,900
Most Expensive New Listing: $399,900 (5 BR, 3.5 BA, 4400+ sq ft off Lovell Rd)
Least Expensive New Listing: $18,810 (3 BR, 1 BA, 1000+ sq ft on MLK Blvd)

Notable New Listings:

North: $199,900 (4 BR, 3 BA, 3400+ sq ft Old North Knox renovation)

South: $77,220 (3 BR, 1.5 BA, 1100+ sq ft in South Hills)

East: $43,900 (3 BR, 2.5 BA, 1600+ sq ft in Holston Heights)

West: $159,000 (4 BR, 3 BA, 2700+ sq ft off Cedar Bluff)

Current Pending Sales -122
Average Asking Price – $96,031
Median Asking Price – $79,900

Closed Sales September 09, 2009- September 15, 2009 - 15
Average Asking Price – $71,147
Average Sales Price – $70,133
Median Sales Price – $70,005
Average Days on Market – 69

*Data taken from KAARMLS on 09/16/09 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.  Friends don’t let friends send 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.

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