March 2009 Knoxville TN Real Estate Market Minutes
Whether you are looking to Sell, Buy, Invest-in, Relocate, or simply want to know more about Knoxville TN Real Estate, you have come to the right place.
February has come and gone and brought on a slew of April showers as well as an increase in sales since the month of February (up 59 home sales). In Knoxville, TN we are really seeing the impact of the $8000 tax credit and historically low interest rates. First time home buyers hoping to take advantage of these amazing buying opportunity are finding that the homes in these price ranges are going fast that if they wait too long to make a decision are losing out on homes that they like.
Here is a breakdown in stats for March 2009 Knoxville Home Sales (Knox County Only):
Total # of Single Family Home Sales in Knoxville, TN during March 2009: 305
Lowest Sale: $14,900- Saylors Chilhowee Park (East Knoxville Foreclosure-Condemned Home), 37914
Highest Sale: $1,174,210- Westmoreland Heights, 37919 (Westmoreland/West Hills Sub-area)
|
Total # of Sold Single Family Homes |
305 |
|
Average List Price |
$181,269 |
|
Average Sold Price |
$172,706 |
|
List/Closed Price Ratio |
95% |
|
Average Sq. Ft. |
2220 |
This Report is compliments of Christine McInerney and Jennifer Halinkowski with Southland GMAC Real Estate. For questions or inquiries please call our office at (865) 693-6961 (ask for Christine or Jennifer).
***Note this information is taken from Knoxville Area Association of REALTORS® data contains information pertaining to the Knox County area only. If you would like to know more about another surrounding area please contact us directly at McIn-Kowski@HomesForSaleKnoxville.com or visit us on-line at www.HomesForSaleKnoxville.com or www.KnoxvilleReal-Estate.com.
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Christine McInerney and Jennifer Halinkowski - Knoxville TN Real Estate - Keller Williams Realty Knoxville Copyright © 2009
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