The median list price in KNOXVILLE, TN this week is $184,900.

For Immediate Release | PULSE UPDATE This Week

The median list price in KNOXVILLE, TN this week is $184,900. The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.
Inventory has been decreasing lately but the Market Action Index is falling also. With days-on-market climbing, these are relatively negative implications for the market.

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

30-year fixed-rate mortgage (FRM) averaged 3.93 percent with an average 0.5 point for the week. A year ago at this time, the 30-year FRM averaged 4.42 percent.

If you’re a Buyer, now would be a good time to get something started, there’s still time to take advantage of LOW rates and LOW Down Payment programs now. READY TO GET STARTED? Tina Mounger 865-748-6216 Bring the family! » http://justlistedknoxville.com/

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