Well, hey there, Watchers! Glad you could make it back. This week on Knoxville Foreclosure Watch, active foreclosure listings were down, closed foreclosure listings stayed the same and pending foreclosure listings were up. Way up. In fact they were the highest they’ve ever been since I started watching them about a year ago.

So what’s the deal, you ask? My guess is that super low rates + good sized foreclosure inventory + a nice big tax credit = a pretty darn good deal for buyers. And I could be wrong, but I don’t think it’s just investors out there. I think regular old home buyers are looking to foreclosed properties to get what they think will be the best possible deal in an already hoppin’ buyers market.  But that’s just me guessin’.

Moving on…

In new foreclosure news, 37923 was the winner for most new listings with 4. Other zips with more than one new foreclosure listings included 37914, 37917, 37921, 37922, and 37938. Care to guess which zip is still in the lead with 57 new foreclosure listings so far this year? If you guessed 37917, give yourself a hand.

In closed listing news, only one zip had more than one and that was 37914. Other zips with closed listings this week included 37849, 37915, 37917, 37918, and 37920. And 37917 and 37918 are still tied for first place with 21 closed foreclosure listings each so far this year.

And yes, those are different charts than the ones you normally see here.  At the suggestion of a longtime FW fan, I’m experimenting with different ways to chart this information that will make it easier to read and digest. Let me know what you think in the comments.  Also, if you have any suggestions for better ways to display FW stats, I would love to hear them. Remember, I didn’t learn a lot about chart makin’ when I got that liberal arts degree.

Now for the breakdown -

Knox County Foreclosure Property Statistics as of 4/22/09 *

Current On-Market Listings - 201
Average Asking Price: $118,527
Median Asking Price: $79,900
Most Expensive New Listing: $299,900 (5 BR, 2 full BA, 3 half BA, 3100+ sq ft off Northshore)
Least Expensive New Listing: $22,900 (3 BR, 1 BA, 1200+ sq ft off Asheville Hwy)

Notable New Listings:

North: $45,000 (3 BR, 1 BA, 1200+ sq ft near St. Mary’s)

South: $124,900 (4 BR, 3.5 BA, 2500+ sq ft off Chapman Hwy)

East: $109,900 (3 BR, 2 BA, 1200+ sq ft in Carter)

West: $156,000 (3 BR, 2.5 BA, 2600+ sq ft in Gulf Park)

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Current Pending Sales -144
Average Asking Price – $110,844
Median Asking Price – $95,450

Closed Sales April 15, 2009- April 21, 2009 - 7
Average Asking Price – $49,329
Average Sales Price – $48,400
Median Sales Price – $41,501
Average Days on Market – 52

*Data taken from KAARMLS on 04/22/09 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. This is an anti-spam zone.

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!

Happy Halloween Watchers!  In this week’s installment of Foreclosure Watch, active listings, pendings and closings are all slightly up for the second week in a row. So is that a trick or a treat?

In new listing news, 37918 blew away the competition with 5, but it’s still nowhere close to 37914 and 37917 for first place. Other zips with more than one new listing included 37912, 37920, 37921, and 37923.

There were 9 closed foreclosure listings this past week, two of which were in Powell (37849). Go figure. The only other zip with more than one closing was 37921. 37915, 37917, 37918 and 37920 all had one each.  And it looks like 37917 isn’t just at the head of the pack for new listings, it’s also had the most closings since I started keeping count in September.

Now for the breakdown:

Knox County Foreclosure Property Statistics as of 10/29/08 *

Current On-Market Listings - 178
Average Asking Price: $140,900
Median Asking Price: $99,950
Most Expensive New Listing: $349,900 (4 BR, 4 1/2 BA, 5400+ sq ft home in Walnut Grove in Farragut)
Least Expensive New Listing: $39,900 (3 BR, 1 BA, 900+ sq ft home in Fountain City)

Notable New Listings:
North: $155,500 (4 BR, 3 BA, 3100+ sq ft in Beverly Acres in Fountain City)
South: $69,900 (3 BR, 1 BA, 1000+ sq ft on Tipton Station)
East: No new east listings!
West: $279,900 (5 BR, 4 1/2 BA, 4700+ sq ft in Village Green)

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Current Pending Sales -106
Average Asking Price – $87,097
Median Asking Price – $70,200

Closed Sales October 22, 2008-October 28, 2008 - 9
Average Asking Price – $87,344
Average Sales Price – $83,824
Median Sales Price – $75,000
Average Days on Market -59

*Data taken from KAARMLS on 10/29/08 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 wack, yo.

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!

Welcome Back Watchers. This week on Foreclosure Watch, active listings went down for the first time in weeks, pendings finally went up, and closings went up by one. Interesting for a week of total global financial turmoil, no?

In new listing news, 37912 and 37914 had the most with 3 each. Other zips with more than one new listing included 37918, 37920, and 37921. No new listings in 37917 for the first time in a long time.

There were only five closed listings, one in 37918 and two each in 37917 and 37920.

Now for the breakdown:

Knox County Foreclosure Property Statistics as of 10/15/08 *

Current On-Market Listings - 171
Average Asking Price: $133,770
Median Asking Price: $95,000
Most Expensive New Listing: $449,000 (5 BR, 4 1/2 BA, 5400+ sq ft in Wentworth in Farragut)
Least Expensive New Listing: $24,900 (2 BR, 1 BA, 700+ sq ft in East Knoxville off of Magnolia)

Notable New Listings:
North: $149,900 (3 BR, 2 BA, 1700+ sq ft in Emory Estates in Halls)
South: $120,000 (3 BR, 1 1/2 BA, 1100+ sq ft on Sevierville Pike)
East: $68,000 (updated 3 BR, 2 BA, 1800+ sq ft off of MLK)
West: $342,000 (4 BR, 3 BA, 3100+ sq ft in Concord Hills)

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Current Pending Sales -98
Average Asking Price – $88,166
Median Asking Price – $60,900

Closed Sales October 08, 2008-October 14, 2008 - 5
Average Asking Price – $56,320
Average Sales Price – $53,322
Median Sales Price – $31,000
Average Days on Market -49

*Data taken from KAARMLS on 10/15/08 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. Yo no hablo Spam-O.

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!