Here are the most recent (February) statistics for the Knoxville and Farragut TN real estate markets.
Here is a quick Knoxville TN real estate market snapshot for February. The highlighted stats are:
- Median sold price = $150,000
- Median list price = $155,000
- Average days on the Market = 114 days
- Sold Listings = 878
- New Listings = 1723
- Absorption Rate = 8.65 months
- Homes sales are up 5.3% compared to last year.
- Home prices are up 13.08% compared to last year.
Here are the Farragut TN real estate market stats for February:
- Median sold price = $315,750
- Median list price = $409,900
- Average days on the market = 107 days
- Sold listings = 26
- New Listings = 46
- Absorption Rate = 4.23 months
- Year to Date home sales are up 25% compared to last year.
- Year to Date home prices are up 5.97% compared to last year.
Have questions about the market or anything Knoxville or Farragut real estate related? Contact me, Troy Stavros with Gables & Gates, REALTORS and I’d be happy to answer any questions you have!