Median home sale prices hit new high

0
18

The median home price in the Knoxville area during the week of Sept. 5 hit $300,000, according to data from the Knoxville Area Association of Realtors.

The median home price for the month of July was $285,000, up 21.1% from a year ago. 

Here is the housing data covering a 12-county region for the week of Sept. 5

Homes sales for the week of Sept. 5

Active listings, or number of listings on the market in the Knoxville area during the time period: 2,487 (2,427 previous week)

New pending sales, or number of listings that went from active to pending during the time period: 517 (564 previous week)

REAL ESTATE:Knoxville real estate snapshot: Will the hot housing market continue into fall?

Median days on market during the time period: 7 (6 previous week)

New listings added during the time period: 552 (452 previous week)

Median list price for new listings added during the time period: $300,000 ($299,450 previous week)

The home at 6713 Orabella Road in Northwest Knox County is listed for $283,000 as of Tuesday, September 14, 2021. It has three bedrooms and three bathrooms.

Business in Knox County through Sept. 14

Read more…