It's that time of the week again - Foreclosure Watch time. Looks like you guys have been out snapping these babies up, as pendings and closings are up, and average days on market is way down.
So without further ado, here are the numbers and clicky links you came here for -
Knox County Foreclosure Property Statistics as of 4/30/08 *
Current On-Market Listings - 154
Average Asking Price: $132,605
Median Asking Price: $88,950
Most Expensive New Listing: 4 BR, 3 BA, approx 3400 sq ft in Summer Rose in Fountain City
Least Expensive New Listing: 1 BR, 1 BA, approx 700 sq ft in East Knox
New Honorable Mention: 4 BR, 3 1/2 BA, approx 3000 sq ft in Powell
Current Pending Sales -106
Average Asking Price - $94,927
Median Asking Price - $79,900
Closed Sales April 16, 2008-April 22, 2008 - 9
Average Asking Price - $143,611
Average Sales Price - $142,933
Median Sales Price - $82,000
Average Days on Market - 25
*Data taken from KAARMLS on 4/30/08 for Knox County single family residential properties only, and does not include condos or PUDS.
If you have any questions about any of these properties, feel free to drop me a line.
As always, I'd love to hear your observations on this week's numbers. Any ideas about I could improve Foreclosure Watch are equally welcome. You can leave both in the comments below.
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Wednesday, April 30, 2008
Knoxville Foreclosure Watch
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2 comments:
any chance of doing a foreclosure watch every once in a while by major area, district or zipcode? I'm interested in north vs west vs dtown...etc
absolutely - that's a great idea. Any area of town you'd like to see featured first? Or would you like to always see two areas compared to each other?
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