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Knoxville Real Estate Market Statistics

October 2019 Knoxville Real Estate Market for Single-Family Homes

1,698 homes were listed “For Sale” in the Knoxville real estate market. 646 homes sold during October.
That’s a 2.6 month supply of homes if no other homes come on the market. 855 additional homes came on the market, increasing inventory by 209 homes.

228 of those homes were priced $600,000+. 23 of these homes sold during October.
That’s a 9.9 month supply if no other homes come on the market.
36 additional homes came on the market, increasing inventory by 13 homes.

245 of these homes were priced $400,000-$600,000.
66 of these homes sold during October.
That’s a 3.7 month supply if no other homes come on the market.
101 additional homes came on the market, increasing inventory by 35 homes.

802 of these homes were priced $200,000-$400,000.
281 of these homes sold during October.
That’s a 2.85 month supply if no other homes come on the market.
373 additional homes came on the market, increasing inventory by 92 homes.

423 of these homes were priced less than $200,000.
276 of these homes sold during October.
That’s a 1.5 month supply if no other homes come on the market.
345 additional homes came on the market, increasing inventory by 69 homes.

In addition, PRICE is the most critical factor in getting a sale. The good news is that 625 homes are selling each month. Your home can sell if you’re willing to price it competitively and list with a very proactive Broker. The Brokerage community sells 97% of all homes SOLD each year! Call today and let’s get a $OLD sign in your yard!

Knoxville Realtors

Above all, The Goswitz Team with eXp realty provide real estate services to residential buyers and sellers in Knoxville. In conclusion, contact us today for more information on Knoxville real estate and for professional assistance at 865-588-1234.