east tennessee real estate Archives

Knoxville Real Estate Trends: Why Buyers and Sellers Are Flocking to East Tennessee in 2025

May 31, 2025 By Troy Stavros

Knoxville, Tennessee, has emerged as one of the hottest real estate markets in the first quarter of 2025, with buyers and sellers showing significant interest in the region. Tennessee continues to rank among the top states for relocation, and Knoxville leads the way as the most searched city in the state for potential movers.

Tennessee: A Top Destination for Relocation

A recent study by U.S. News & World Report highlighted migration trends across the United States in early 2025. Tennessee was among the top three most-researched states for relocation. The study attributes Tennessee’s growing appeal to several key factors:

Affordable Cost of Living: Compared to other regions, Tennessee offers a lower cost of living, making it especially attractive for families and retirees.
Mild Climate: East Tennessee, including Knoxville, enjoys four distinct but moderate seasons, perfect for outdoor enthusiasts and those seeking a change from harsh winters or scorching summers.
Natural Beauty: The Great Smoky Mountains, located just a short drive from Knoxville, provide endless opportunities for hiking, camping, and outdoor recreation.
Tax Benefits: With no state income tax, Tennessee is an appealing choice for individuals and families looking to maximize their financial resources.

Knoxville: The Star of Tennessee Real Estate

Knoxville has become a focal point for homebuyers and investors alike. Ranked as the most-searched city in Tennessee for relocation, Knoxville offers a mix of urban conveniences and small-town charm, making it a prime spot for both buyers and sellers.

Why Knoxville?

Booming Real Estate Market: Knoxville’s real estate market continues to grow, with homes selling quickly and demand outpacing supply.
Access to Nature: Its proximity to the Great Smoky Mountains and other outdoor attractions makes it ideal for those seeking a balanced lifestyle.
Thriving Job Market: Knoxville’s economy is bolstered by industries such as healthcare, education, and technology, attracting professionals from across the country.
Cultural Scene: From the Knoxville Symphony Orchestra to vibrant festivals, the city has a rich cultural landscape that appeals to a diverse population.

Other Popular Tennessee Cities

While Knoxville leads the pack, Franklin and Chattanooga also ranked among the most-searched cities for relocation in 2025.

Franklin: Known for its historic charm and upscale living, Franklin is a favorite for families and professionals.
Chattanooga: With its scenic beauty and strong startup culture, Chattanooga attracts both outdoor lovers and entrepreneurs.

Southern Migration Trends in 2025

The South has become a magnet for movers in 2025, thanks to its affordability, warmer weather, and lower population density. Alongside Tennessee, states like South Carolina, North Carolina, and Alabama are seeing increased interest.

For buyers and sellers in Knoxville, this influx of newcomers creates an exciting opportunity. Buyers can find affordable homes in a growing market, while sellers can take advantage of high demand to maximize their home’s value.

Ready to Make Your Move?

Whether you’re buying or selling in Knoxville, now is the time to act. Knoxville’s real estate market is thriving, and its appeal as a relocation destination continues to grow. Contact a local real estate expert today to take advantage of these trends and find your dream home in East Tennessee!

Tellico Village Real Estate Market Update: April 2025 Trends for Buyers and Sellers

May 15, 2025 By Troy Stavros

Are you considering buying or selling a home in Tellico Village, located in breathtaking Loudon, Tennessee? This sought-after community is known for its scenic beauty, active lifestyle, and desirable real estate options. As of April 2025, the housing market in Tellico Village is showing signs of transition, providing opportunities and challenges for buyers and sellers alike.

In this blog post, we’ll break down the latest trends, key metrics, and actionable insights you need to navigate the Tellico Village real estate market with confidence.

Tellico Village Housing Market Overview

The Tellico Village market is shifting from a strong seller’s market to a more balanced environment, with growing inventory levels and softening prices. While the market remains active, buyers are gaining leverage, making this a key moment for both buyers and sellers to act strategically.

1. Inventory and Absorption Rate

Active Listings: Increased to approximately 160 homes by April 2025 (up 89% from one year ago), signaling higher inventory levels.
Absorption Rate: Jumped by 85.56% year over year, reaching 5.14 months of inventory (up from 2.77 months in April 2024).

What This Means:

For Sellers: Homes are taking longer to sell, and pricing competitively is now critical in a more crowded market.
For Buyers: With increased inventory and a market nearing a buyer’s market threshold of six months, buyers have more options and greater negotiating power.

2. Pricing Trends

Average List Price: Increased modestly by 2.86% to $678,972, reflecting steady seller confidence.
Median List Price: Decreased slightly by 0.64% to $639,900, showing sellers are adjusting expectations to meet demand.
Average Sale Price: Declined by 9.28% to $636,021, suggesting buyers are negotiating lower prices, especially on higher-end properties.
Median Sale Price: Rose slightly by 1.06% to $624,900, indicating stability in mid-range home values.

What This Means:

For Sellers: Sellers of premium properties must adjust pricing expectations and consider offering incentives to attract buyers.
For Buyers: Declining average sale prices present opportunities to secure deals, particularly on luxury homes.

3. Days on the Market

Average Days on Market: Decreased slightly by 7.5% to 74 days, showing some homes are selling faster than before.
Median Days on Market: Increased significantly by 73.08% to 45 days, reflecting that less desirable or overpriced homes are lingering longer.

What This Means:

For Sellers: Well-priced, move-in-ready homes are selling quickly, but overpricing will likely lead to extended market times.
For Buyers: Buyers have more time to evaluate their options, especially for homes that have been on the market longer.

4. Sale-to-List Price Ratio

Sale-to-Original List Price Ratio: Dropped to under 94%, indicating that sellers are accepting offers well below their initial asking prices.
Sale-to-Final List Price Ratio: Remains strong at around 98%, showing that sellers who adjust their prices competitively still sell near their final asking price.

What This Means:

For Sellers: Start with a competitive price to avoid prolonged market times and eventual price reductions.
For Buyers: Buyers can negotiate discounts, particularly on homes that have lingered on the market.

5. Price Volume Trends

Active List Volume: Increased, driven by higher inventory levels and steady list prices.
Sold Volume: Declined, reflecting a slower pace of closed transactions and the softening of average sale prices.

What This Means:

For Sellers: Rising competition requires enhanced marketing efforts and realistic pricing strategies.
For Buyers: Slower sales activity gives buyers more leverage, time, and opportunities to find the right home.

Conclusions for Buyers and Sellers

For Sellers

Increased Competition: With rising inventory and longer absorption rates, sellers must focus on competitive pricing and effective property presentation to stand out.
Pricing Strategy: Overpricing homes will lead to extended market times and eventual price reductions. Start with a fair market price to attract buyers quickly.
Market Preparation: Homes that are well-maintained, updated, and move-in-ready are more likely to sell quickly in this transitioning market.

For Buyers

Increased Leverage: With more inventory and a cooling market, buyers have more negotiating power than before.
Time to Evaluate: The longer absorption rate and increased days on market give buyers more time to make informed decisions.
Negotiation Opportunities: Declining average sale prices and the drop in the sale-to-original list price ratio provide opportunities to secure favorable deals, particularly on higher-end homes.

Tellico Village Market Outlook

The Tellico Village real estate market is transitioning toward balance, with rising inventory, slower sales, and softening prices. While still active, the market is no longer as strongly tilted toward sellers as in prior years. Sellers must adapt to these changes by pricing competitively and presenting their homes effectively, while buyers can take advantage of increased inventory and negotiating opportunities.

Why Work with a Tellico Village Real Estate Expert?

Navigating a shifting real estate market requires the guidance of a knowledgeable local expert. At Cornerstone Realty Associates, we specialize in helping sellers price and market their homes for success and assisting buyers in finding the perfect property in Tellico Village.

Ready to Buy or Sell in Tellico Village? Contact Us Today!

📞 Phone: 865-999-09825
📧 Email: troy@865realestate.com
🌐 Website: 865realestate.com

Let’s make your Tellico Village real estate goals a reality!

Farragut, TN Real Estate Market Update: April 2025 Trends for Buyers and Sellers

May 15, 2025 By Troy Stavros

Are you considering buying or selling a home in Farragut, Tennessee? This affluent Knoxville suburb continues to be one of the most desirable real estate markets in East Tennessee. With its combination of luxury homes, strong demand, and steady market trends, Farragut offers unique opportunities for both buyers and sellers.

In this April 2025 market update, we’ll dive into the latest data, trends, and insights to help you make informed real estate decisions.

Farragut Real Estate Market Overview

The Farragut housing market remains robust, with strong demand for premium properties. While there are slight signs of cooling, such as an increase in the absorption rate, the market still leans toward sellers. Here’s a breakdown of the key metrics as of April 2025:

1. Inventory and Absorption Rate

Active Listings: Around 100 properties, remaining stable.
Absorption Rate: Increased by 11.66% year over year to 2.49 months.

What This Means:

For Sellers: While the market remains strong, homes may take slightly longer to sell compared to last year. Competitive pricing and preparation are critical.
For Buyers: The slight rise in the absorption rate offers more room for negotiation compared to 2024, but the market is still competitive.

2. Pricing Trends

Average List Price: Increased by 4.27% to $868,857.
Median List Price: Declined by 5.53% to $721,743, indicating sellers are adjusting prices to match buyer expectations.
Average Sale Price: Increased by 12.49% to $767,214, reflecting strong demand for high-end homes.
Median Sale Price: Increased slightly by 1.37% to $664,000.

What This Means:

For Sellers: Luxury and high-end properties are in demand, but pricing competitively is essential to attract buyers quickly.
For Buyers: Rising sale prices indicate strong competition for quality homes. Act quickly on well-priced properties to avoid losing out.

3. Days on Market

Average Days on Market: Decreased by 25.53% to 35 days, showing homes are selling faster.
Median Days on Market: Increased by 50% to 6 days, suggesting some homes linger due to pricing or desirability.

What This Means:

For Sellers: Well-priced and prepared homes are selling quickly, while overpriced properties are taking longer to sell.
For Buyers: Competitive pricing is key—homes that are priced right move fast, so be ready to act decisively.

4. Sale-to-List Price Ratio

Sale-to-Original List Price: Just under 98%, indicating minimal concessions during negotiations.
Sale-to-Final List Price: Reflects similar trends, with homes selling close to their final list prices.

What This Means:

For Sellers: Pricing your home strategically from the start avoids the need for price reductions, helping ensure quicker sales.
For Buyers: Expect to pay near the asking price for desirable homes, as there is limited room for negotiation.

5. Price Volume Trends

Active List Volume: Increased slightly due to higher average list prices.
Sold Volume: Increased significantly, driven by higher average sale prices and steady demand.

What This Means:

For Sellers: Strong demand, particularly in the luxury market, means higher price points and faster sales.
For Buyers: Be prepared to act quickly and pay premiums for high-end properties.

Conclusions for Buyers and Sellers

For Sellers

Strong Demand: Farragut remains a desirable market with rising sale prices and faster sales for well-prepared homes.
Competitive Pricing: While the market favors sellers, overpriced homes may linger longer. Price strategically to attract buyers.
Luxury Opportunities: High-end properties are in demand, with buyers willing to pay premium prices for desirable homes.

For Buyers

Act Quickly: Homes are selling faster than last year, especially those priced competitively. Be prepared to move fast.
Limited Negotiation: Expect to pay close to the asking price, as sellers maintain pricing power.
Prepare for Premiums: The rise in average sale price highlights strong competition, particularly in the luxury segment.

Farragut Market Outlook

The Farragut real estate market remains robust, driven by strong demand for premium homes. While there are slight signs of cooling, such as the increase in absorption rate, the market still clearly favors sellers. Buyers should act decisively and be prepared for limited concessions, while sellers can capitalize on demand by pricing homes strategically and presenting them well.

Why Work with a Farragut Real Estate Expert?

Navigating the competitive Farragut housing market requires local expertise. Whether you’re buying or selling, working with a knowledgeable real estate professional ensures you make the most of your opportunities.

At Cornerstone Realty Associates, we specialize in Farragut real estate, offering personalized guidance to help you achieve your goals.

Ready to Buy or Sell in Farragut, TN? Contact Us Today!

📞 Phone: 865-999-0925
📧 Email: troy@865realestate.com
🌐 Website: 865realestate.com

Let’s make your real estate journey in Farragut a success!

April 2025 Knoxville & East Tennessee Housing Market Update: What Buyers and Sellers Need to Know

May 12, 2025 By Troy Stavros

Are you planning to buy or sell real estate in Knoxville or East Tennessee in 2025? With the latest housing market data in hand, you can make informed decisions that align with current trends in the area. In this market update, we’ll break down the key insights from April 2025, including inventory levels, price trends, and market conditions for both buyers and sellers.

Whether you’re a first-time buyer, seasoned investor, or a homeowner ready to sell, here’s everything you need to know about the Knoxville and East Tennessee real estate markets.

Knoxville Housing Market: Cooling but Still Favoring Sellers

The Knoxville housing market is showing signs of cooling, but it remains a slight seller’s market. Here are the latest stats comparing April 2025 to April 2024:

Home Sales: Down 15.4% year over year.
Pending Sales: Up 10.9%, showing steady buyer interest.
Inventory Growth: Up 61.4%, giving buyers more options.
Median Sales Price: Increased 4.94% to $404,000.
Average Price Per Square Foot: $234 per square foot.
Absorption Rate: Rose to 2.38 months, reflecting a slight shift toward balance but still favoring sellers.
Days on Market: Average days on market increased by 44.12% to 49 days, signaling a slower pace for home sales.

What This Means for Sellers in Knoxville

Sellers in Knoxville need to adapt quickly to changing conditions by pricing homes competitively and ensuring properties are well-prepared for listing. While prices are still rising, the increase in inventory and absorption rate indicates growing buyer leverage.

What This Means for Buyers in Knoxville

With more inventory and slower sales, buyers have greater negotiating power. However, desirable homes are still selling quickly. Acting decisively on well-priced properties is key to securing your dream home.

East Tennessee Housing Market: A Steady Transition Toward Balance

Compared to Knoxville, the East Tennessee market is transitioning more gradually, moving closer to a balanced market. Here’s the year-over-year data for April 2025:

Home Sales: Down 12.5% compared to April 2024.
Pending Sales: Up 13.7%, reflecting active buyer interest.
Inventory Growth: Up 39.4%, giving buyers more options.
Median Sales Price: Increased 6.23% to $375,000.
Average Price Per Square Foot: $227 per square foot.
Absorption Rate: Rose to 4.07 months, nearing a balanced market.
Days on Market: Average days on market increased by 16.98% to 62 days, while the median rose 53.33% to 23 days.

What This Means for Sellers in East Tennessee

Sellers in East Tennessee can take a more patient approach compared to Knoxville. With homes taking longer to sell, focusing on property presentation and strategic pricing is crucial. The market is nearing balance, but sellers can still benefit from price appreciation.

What This Means for Buyers in East Tennessee

Buyers have more time to evaluate properties as the market stabilizes. While the slower pace offers more flexibility, competitive pricing means there’s less room for dramatic discounts.

Key Trends Driving the Knoxville and East Tennessee Housing Markets

1. Growing Inventory Levels

Both Knoxville and East Tennessee are experiencing rising inventory levels, providing buyers with more options. However, Knoxville’s faster absorption rate increase (52.2% year over year) suggests a more rapid market adjustment compared to East Tennessee’s slower pace (29.25%).

2. Seasonal Market Upswing

Spring is the busiest time for real estate, and both markets are benefiting from seasonal demand. Pending sales have increased significantly in Knoxville, jumping from 488 in February to 666 in April, highlighting strong buyer activity.

3. Pricing Trends

Knoxville: Median sales price rose by 5.19% to $405,000, while the median list price declined by 3.25%. This suggests sellers are adjusting expectations to attract buyers.
East Tennessee: Median sales price increased 6.23% to $375,000, with a modest 1.24% rise in list prices. Sellers here are maintaining steadier pricing strategies.

4. Affordability Challenges

Rising prices and high mortgage rates (currently hovering around 6.92%) are creating affordability challenges for many buyers. The “lock-in effect” is also keeping some potential sellers on the sidelines, as 72% of homeowners with mortgages have interest rates below 5%.

County-Specific Market Insights

Here’s a quick overview of housing trends in surrounding East Tennessee counties:

Knox County: Inventory up 57.6%, pending sales up 12.2%, and median sales price up 7.08% to $401,547.
Roane County: Inventory up 29.3%, pending sales down 12.3%, and median sales price down 1.5% to $319,000.
Anderson County: Inventory up 37.6%, pending sales up 14%, and median sales price down 0.5% to $297,500.
Loudon County: Inventory up 65.8%, pending sales down 4.3%, and median sales price up 4.98% to $527,500.
Sevier County: Inventory up 18.1%, pending sales down 5.7%, and median sales price down 3.81% to $525,000.
Blount County: Inventory up 51.2%, pending sales up 19.6%, and median sales price up 6.84% to $406,000.

Opportunities and Challenges for Buyers and Sellers

For Sellers

Knoxville: Price your home competitively and prepare it well to stand out in a cooling market.
East Tennessee: Be patient with longer selling times, but focus on presentation and pricing to attract buyers.

For Buyers

Knoxville: Leverage increased inventory and negotiate strategically, but act quickly on desirable properties.
East Tennessee: Take advantage of a balanced market to explore more options, but don’t expect deep discounts.

National Market Context: How Knoxville and East Tennessee Compare

Nationally, the housing market is seeing more metro areas with falling home prices. However, Knoxville and East Tennessee continue to experience year-over-year price appreciation.

Despite low national home sales (near historic lows since 1995), East Tennessee’s resilience reflects strong local demand and steady market conditions.

Final Thoughts: Steady as She Goes

The Knoxville and East Tennessee housing markets are adapting to increased inventory and shifting buyer behavior. Knoxville is cooling faster, while East Tennessee’s transition is more gradual.

Whether you’re buying or selling, understanding these nuanced trends is key to making informed decisions. If you’re ready to take the next step in the Knoxville or East Tennessee real estate market, contact Troy Stavros with Cornerstone Realty Associates for expert guidance.

Looking to buy or sell in Knoxville or East Tennessee? Let’s make your real estate goals a reality. Reach out today for personalized advice and support!

Contact Troy Stavros, Cornerstone Realty Associates
📞 Phone: 865-999-0925
📧 Email: troy@865realestate.com

JULY 2024 Knoxville & East Tennessee Housing Market Update “How’s the market?”

August 21, 2024 By Troy Stavros

If you’re considering buying or selling real estate in East Tennessee or Knoxville, staying informed about the latest market trends is crucial. The housing market in these areas continues to evolve, influenced by economic conditions, mortgage rate fluctuations, and generational trends. Here’s a comprehensive update for July 2024 to help you make the best decisions in this dynamic market.

Millennials Drive Real Estate Trends in Knoxville and East Tennessee

In 2024, Millennials have become the largest group of homebuyers, surpassing even Baby Boomers. This generational shift is having a significant impact on the East Tennessee and Knoxville real estate market. Millennials are keenly aware of the long-term financial benefits of homeownership, particularly in a market where property values have been resilient. As a result, more young buyers are entering the market, driving demand and shaping the future of real estate in Knoxville and beyond.

Mortgage Rates and Their Impact on Knoxville Real Estate

Mortgage rates have been a significant factor in the East Tennessee real estate market. Over the past two years, rates have risen from historic lows of around 3% to nearly 7%, causing many homeowners to stay put, creating a “lock-in” effect. However, as of July 2024, there’s good news for prospective buyers: mortgage rates have begun to ease, currently hovering just below 6.5%. This slight decrease is expected to continue as inflation cools and the Federal Reserve adjusts its policies.

For those looking to buy a home in Knoxville or East Tennessee, this trend could make homeownership more affordable in the coming months. On the flip side, sellers should be aware that lower rates could bring more buyers into the market, potentially increasing competition.

This shift in mortgage rates is critical for anyone considering buying a home in Knoxville or East Tennessee. Monitoring Knoxville mortgage rates and understanding how they influence home affordability will be key to timing your entry into the market.

East Tennessee Real Estate Market: Inventory and Price Trends

East Tennessee Real Estate Trends

Home Sales: Increased by 7.1% Year-over-Year
Pending Sales: Up 12.4%
Inventory: Rose by 42.7%
Median Sales Price: Up 7.14% to $375,000

The real estate market in East Tennessee is experiencing a significant increase in inventory, the highest level seen in 2024. This increase provides more options for buyers, but also indicates that the market is balancing out, with supply beginning to catch up to demand. This trend could lead to more stable prices in the coming months, making it a good time to buy a home in East Tennessee.

For those searching for East Tennessee property, the rise in inventory means more choices and potentially better deals. Keeping an eye on East Tennessee real estate trends will help you stay ahead in this evolving market.

Knoxville Real Estate Market Update

Home Sales: Up 15% Year-over-Year
Pending Sales: Up 15%
Inventory: Increased by 51.6%
Median Sales Price: Rose by 3.97% to $395,000

In Knoxville, the real estate market remains strong, with a significant year-over-year increase in both home sales and inventory. The median sales price continues to rise, though at a more moderate pace. For sellers in Knoxville, this means the market remains favorable, though pricing strategies should be carefully considered as more homes come onto the market.

If you’re considering selling your home in Knoxville, understanding these market dynamics is essential to pricing your property competitively. The current trends in Knoxville real estate indicate that while the market is still strong, strategic pricing will be key to attracting buyers.

County-Specific Real Estate Insights: Knoxville and Surrounding Areas

While the Knoxville real estate market shows steady growth, surrounding counties are experiencing mixed trends:

Roane County Real Estate: Inventory up 56.7%, median sales price up 8.28% to $322,950.
Sevier County Real Estate: Inventory up 46.55%, median sales price down 12.12% to $452,500.
Loudon County Real Estate: Inventory up 64.4%, slight decrease in median sales price by 1.23%.
Blount County Real Estate: Inventory up 35.4%, median sales price down 1.37%.

These figures highlight the importance of understanding local market conditions when buying or selling property in East Tennessee. Areas like Sevier County are seeing price drops, likely due to decreased investor activity, making it a potential opportunity for buyers. Meanwhile, counties like Roane are still experiencing strong price growth, indicating sustained demand.

Opportunities and Challenges in the Knoxville Real Estate Market

The real estate market in East Tennessee and Knoxville is showing signs of balancing out. For buyers, increasing inventory and easing mortgage rates may offer a better chance to find the right home. For sellers, especially in high-demand areas like Knoxville, the market remains favorable, but it’s important to stay competitive as more listings come online.

If you’re contemplating selling your home in Knoxville, or buying property in East Tennessee, now is the time to act. Staying informed about Knoxville real estate opportunities and challenges will help you navigate this complex market effectively.

Final Thoughts

The East Tennessee and Knoxville housing market is in a state of flux, with both growth and challenges evident in the data from July 2024. By staying informed and strategically using the current trends, buyers and sellers can make the most of the opportunities presented by this dynamic market.

For more insights into buying or selling property in East Tennessee or Knoxville, or to discuss your specific real estate needs, don’t hesitate to reach out. We’re here to help you navigate these evolving market conditions.

Unveiling the Spring 2024 Real Estate Trends in East Tennessee and Knoxville: MARCH UPDATE

April 18, 2024 By Troy Stavros

As we transition into the vibrant spring season, both the East Tennessee and Knoxville real estate markets are showing dynamic shifts that could influence your decision to buy or sell property. In this blog post, we’ll delve into the latest market statistics from March 2024, offering insights for homeowners, buyers, and sellers in these areas.

Market Overview: East Tennessee

The East Tennessee real estate market has experienced a significant transformation compared to March of last year:

Home Sales: Home sales have slightly declined by 10.3%.
Pending Sales: On a positive note, pending sales have increased by 8.2%.
Inventory Growth: There is a noticeable 31.4% rise in home inventory, indicating more options for buyers.
New Listings: New listings are up by 7.3%.
Median Sales Price: The median sales price has increased by 8.36% to $350,000, reflecting continued demand.
Price Per Square Foot: The average sold price per square foot now stands at $209.

These trends suggest a robust market, with a healthy balance between rising inventory and strong demand, hinting at a favorable environment for buyers looking to invest and homeowners considering selling.

Knoxville’s Real Estate Dynamics

Knoxville’s market dynamics are slightly different, with subtle yet positive changes:

Home Sales: Home sales have marginally increased by 1%.
Pending Sales: There is a stronger growth in pending sales at 8.8%.
Inventory Availability: A significant 30.3% increase in inventory suggests a shift towards more buyer options.
Median Sales Price: The median sales price in Knoxville has risen by 8.48% to $385,000.
Price Per Square Foot: The price per square foot has increased to $214.

Despite more homes being available, the market remains competitive, especially for properties in desirable locations or in top condition, which often receive multiple offers.

What This Means for You

Buyers: The increase in inventory and variety of price points from $250,000 to $400,000 offers multiple options. It’s essential to engage with a knowledgeable realtor who can navigate you through competitive offers and help secure your ideal home.
Sellers: With prices continuing to rise and a competitive market, now might be an optimal time to consider listing your property. Preparing your home for sale and pricing it correctly are crucial steps to attract serious buyers quickly.

Conclusion

As we look ahead, both East Tennessee and Knoxville are poised for continued growth. The trends indicate a strong market with opportunities for both buyers and sellers. Whether you’re looking to buy your first home, invest in properties, or sell your current home, understanding these market dynamics can significantly influence your decisions and strategies.

Ready to Take the Next Step? Contact Troy Stavros Today!

If you’re considering buying or selling in the East Tennessee or Knoxville areas, or if you just have questions about the local real estate market, don’t hesitate to reach out. Troy Stavros and the team at CornerStone Realty Associates are here to help you navigate the real estate landscape with expert advice and unparalleled service. Call us today at 865-999-0925 to discuss your real estate needs and how we can assist you in achieving your property goals. Let’s make your real estate dreams a reality!