Knoxville Tennessee Real Estate Price Trends and Market Conditions : This Week... June 02, 2013 Just Listed Knoxville.......National and County-wide news sources are slow and do not accurately represent what is happening in our local market. It's important to stay informed about conditions impacting your local neighborhood!
I hope you find it useful. These market reports are updated weekly so you can be "ahead of the curve" as to the direction the housing market is headed.
The median single family home price as of June 02 2013 for KNOXVILLE is $176,460.
With a Market Action Index as of June 02 2013 at 26.41. The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.
Sales and Demand Trends: The average property in KNOXVILLE as of June 02 2013 has been on the market for about 147 days.
Homes for Sale: There are about 3,200 properties on the market in KNOXVILLE as of June 02 2013.
Steve Albin gives no-nonsense real estate advice to buyers and sellers most pressing questions. "Steve Albin is a Tennessee Real Estate Broker" and a "Certified Residential Specialists" The highest compliment for me, is for you to share this content with everyone you know who might benefit from the information. Thank you! http://justlistedknoxville.com/
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