Knoxville Market Trend RE/port- August

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August 2012 Market Trends for the Knoxville area.

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RE/MAX of Kentucky/Tennessee

Knoxville, KY Market Trend RE/port

August 2012

September 14, 2012

August Highlights 2012 vs. 2011

For Knoxville, KY comparing 2011 to 2012 there are . . .

• 109 more Properties sold than this time last year• Listings have been selling 4 days faster in 2012• 17% more listings under contract compared to August 2011• 11% less listings for sale in 2012• Average sales price has increased in 2012 by 1% or $2050• 1% less monthly supply of inventory in 2012

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Number of Units Sold

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Days on Market

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Pending Listings (Under Contract)

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Number of Listings For Sale

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Average Sales Price

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Monthly Supply of Inventory (Under Contract)

Data provided by Terradatum.  The above representation is based in whole or in part on data from the local Multiple Listing Service for the time period indicated.  RE/MAX, the Multiple Listing Service, and the member Associations of REALTORS do not guarantee or are in any way responsible for the data accuracy. 

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