Good to see ya again, Watchers!  In this week’s edition of  Knoxville Foreclosure Watch, active foreclosure listings were down, while pending and closed foreclosure listings were both up. In other words, the numbers were all moving in the right directions.

There were 24 new foreclosure listings in the week that was and 37920 was by far the frontrunner with a whopping 6 new listings. Other zips with more than one new foreclosure listing included 37914, 37918, 37923, 37924, 37931, and 37938.

 

Meanwhile, in closed listing news, there were were an impressive 16 closed foreclosure listings last week. And as usual, they were fairly evenly distributed, with 2 each in 37914, 37917, 37918, 37921, and 37924 and 1 each in 37721, 37849, 37919, 37920, 37922 and 37931.

 

Now for the breakdown -

Knox County Foreclosure Property Statistics as of 9/30/09 *

Current On-Market Listings - 211
Average Asking Price: $149,142
Median Asking Price: $114,900
Most Expensive New Listing: $559,900 (4 BR, 3.5 BA, 4000+ sq ft new construction in Halls)
Least Expensive New Listing: $27,900 (3 BR, 1 BA, 900 sq ft in Halls)

Notable New Listings:

North: $115,000 (3 BR, 2 BA, 1800+ sq ft in Powell)

South: $215,000 (2 BR, 2 BA, 2100 sq ft “hideaway” on 15+ acres off John Sevier)

East: $69,900 (4 BR, 2 BA, 1800+ sq ft in Holston Hills area)

West: $149,900 (3 BR, 2 BA, 1700+ sq ft in Knottingham Forest)

Current Pending Sales -118
Average Asking Price – $97,833
Median Asking Price – $79,900

Closed Sales September 23, 2009- September 29, 2009 - 16
Average Asking Price – $100,358
Average Sales Price – $96,488
Median Sales Price – $87,750
Average Days on Market – 51

*Data taken from KAARMLS on 09/30/09 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.  Spammers are bad, bad people.

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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