Knoxville - Tennessee - JustListedKnoxville.com . Homes Sales Pick Up in 2010 in the metro Knoxville Tennessee area according to the JustListedKnoxville.com real estate group, affiliated with real estate brokerage Realty Investors. Closed sales climbed to 9,155 single family homes in 2010. Included were 2,230 Foreclosures and 435 New Homes sales which includes 33 Million dollar Plus Homes. Highest closed price $3,000,000.00 Average closed price of $170,990.
Expired Listings properties that did not sell in 2010 totaled 10, 201.
Withdrawn properties that were taken off the market by the owner totaled 8.210 in 2010. Real Estate agents listed a total of approximately 27,566 single family properties in 2010 with 33% of listed single family properties selling.
"We are observing a more vigorous house price recovery and we are forecasting prices in the metro Knoxville area to appreciate over the next 12 months. A trend that should continue for the rest of 2011 into 2012."
Top Single-Family Sales By type of Financing used in 2010 were, Conventional 43%, FHA 22%, Cash 22%, VA 4% and Owner 1%
Single-Family Unit Sales in 2010 By Days on Market rank, 181+ Days 31 - 60 Days 121 - 180 Days 61 - 90 Days 1 - 30 Days 91 - 120 Days Average Market Time117 Days
TOP MLS Housing Style sold in 2010 was the Ranch Home followed by 2 Story Homes with 1-5 Acres, 1-1/2 Story, Split Foyer, 2 Story Basement, Homes with 5+ Acres, Tri-Level, Split Level, and 2-1/2 Story Homes.
TOP MLS Exterior Features of sold homes in 2010: Fenced Yard, Storage Shed, Handicap Accessible or Handicap Equipped, In Ground Pool, Hot Tub and Additional Living Quarters
TOP MLS Lot Description in 2010 Mountain View, Lake View, Golf Course or Golf Community Lake Front, Creek, Lake Access, Pond and Dockable
Top Advertising Terms in 2010 included: Motivated Seller followed by As Is, Reduced, Closing Cost, Rental, TLC, Short Sale, Investment, Furnished, Make Offer, and Secluded
Home Sales Report Beginning 01/01/2010, Ending 12/31/2010. INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED, may vary, and are for illustration comparison. Mathematical extrapolations and metrics used in statistics. Steve Albin web site JustListedKnoxville.com Affiliated with real estate brokerage Realty Investors LLC 507 N Cedar Bluff Rd Knoxville, Tennessee 37923 Tennessee Real Estate License 261417 865-691-5348 Each Office is Independently Owned and Operated. KAAR Home Sales Report http://kaarmls.com/homesalesreport.htm
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