Hey, hey, hey, Watchers.  This week on Knoxville Foreclosure Watch, active  pending listings were way down while active and closed listings were way up. In fact, active foreclosure listings reached a new record high of 225. Will this be the summer of the foreclosure? Stay tuned to find out…

In new listing news, 37920 had the most with 5. Other zips with more than 1 new listing included 37909, 37912, 37914, 37915, 37917, 37918, 37921 and 37938. And our old friend 37917 is in first place so far with 62 new foreclosure listings this year.

There were a whopping 18 closed foreclosure listings last week and they were pretty spread out, with 2 each in 37914, 37917

Now for the breakdown -

Knox County Foreclosure Property Statistics as of 06/02/10 *

Current On-Market Listings - 225
Average Asking Price: $150,956
Median Asking Price: $99,900
Most Expensive New Listing: $249,400 (4 BR, 2.5 BA, 2600+ sq ft in Hardin Valley)
Least Expensive New Listing: $15,000 (1 BR, 1 BA, 1300+ sq ft fixer upper near St Mary’s)

Notable New Listings:

North: $164,900 (3 BR, 2 BA, 1700+ sq ft in Harrill Hills)

South: $69,900 (4 BR, 2 BA, 1900+ sq ft cottage off Chapman Hwy)

East: $41,900 (5 BR, 2.5 BA, 2200+ sq ft built in 1910 on Washington Ave)

West: $184,900 (4 BR, 3 BA, 2800+ sq ft off Middlebrook)

Current Pending Sales - 110
Average Asking Price – $107,165
Median Asking Price – $84,950

Closed Sales May 26, 2010- June 02, 2010 - 18
Average Asking Price – $144,267
Average Sales Price – $137,728
Median Sales Price – $90,000
Average Days on Market – 37

*Data taken from KAARMLS on 06/02/2010 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.  Big bucks. No spammies.

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!

You know I love to take requests for Neighborhood of the Week, right? Well, over the last several weeks, a lot of you have written to me wanting more information on communities that are zoned for the new Hardin Valley Academy.  So, this week Neighborhood of the Week is heading out to Hardin Valley  to take a look at one of those places, a little neighborhood called Conner’s Creek.

© 2008 Robert Stockdale Photography, All Rights Reserved.

Located off of Hardin Valley just east of the Pellissippi Parkway, Conner’s Creek is a very nice, newer subdivision that is one of the most affordable in the area. Not only is it currently zoned for the new Hardin Valley Academy as well as Hardin Valley Elementary*, it is also within walking distance of both schools.

Homes in Conner’s Creek are traditional in style, and most are 1 1/2 stories or two stories. The neighborhood is roughly 12 years old with most homes falling in an age range of 4-12 years.

© 2008 Robert Stockdale Photography, All Rights Reserved.

In addition to it’s proximity to schools and  I-140, Conner’s Creek is also an easy 15-20 minute commute to both Oak Ridge and downtown Knoxville.

So if you’re looking for an affordable community that is not only currently zoned for the new Hardin Valley Academy*, but is also within walking distance of it, Conner’s Creek might be your ideal location.

*Current school zoning per Knox County School Zone Search and is subject to change.

© 2008 Robert Stockdale Photography, All Rights Reserved.

Thanks to AAKT’s resident photographer, Robert Stockdale for these super shots of Conner’s Creek. To learn more about Robert and his work, visit his website.

Here’s Conner’s Creek by the numbers-

Conner’s Creek*

Current On-Market Listings – 4
Average Asking Price: $237,075
Median Asking Price: $236,950
Average Square Footage:2316

Most Expensive: $249,900 (4 BR, 3 BA, 2600+ sq ft, 11 year old home)
Least Expensive: $224,500 (3 BR, 2 1/2 BA, 2100+ sq ft, 8 year old home)

Middle of the Road: $249,900 (3 BR, 2 1/2 BA, 2400+ sq ft, 4 year old home)

Current Pending Sales -0
Average Asking Price: NA
Median Asking Price: NA

Closed Sales – Q3 2008 – 3
Average Sales Price – $229,667
Median Sales Price – $224,000
Average Days on Market -65

Closed Sales – Q3 2007 – 3
Average Sales Price – $226,633
Median Sales Price – $235,000
Average Days on Market -64

*Data taken from KAARMLS on 10/27/08 does not include adjacent subdivisions, condos, PUDS, or multi-family units.

As always, if you want any more information about any of these properties, or if you’d like to check one of them out in person, just give me a shout.

If you would like to receive a full list of properties for sale in this neighborhood, or if you would like to be notified of new listings, send me an email with either “Current Conner’s Creek Listings” or “New Conner’s Creek Listings” in the subject line and I’ll take care of the rest. Ich bin kein Spammer.

Don’t keep your little corner of K-Town all to yourself.  Let me know about it so it can become a future Neighborhood of the Week.