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 DECODING THE DATA | JANUARY 2024

Knoxville Market Report

Whether you're in the market to buy or sell, you're in for a treat as we unravel some exciting updates!

For buyers and sellers alike, understanding key data like median sold price, list to sold price percentage, average days on the market, and months supply of inventory is pivotal for making informed decisions.

Our comprehensive January market report is your go-to resource, offering an in-depth look into the latest trends shaping the local real estate landscape.

$384K

Median Sold Price

18

Average Days on Market

98.7%

List to Sold Price %

1.33

Months Supply of Inventory

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Knoxville Market Update | January 2024

Brad Allen

The ART of Real Estate was founded with one question: What if buying and selling real estate could be a great experience? I've been asking myself that...

The ART of Real Estate was founded with one question: What if buying and selling real estate could be a great experience? I've been asking myself that...

Feb 22 2 minutes read

UNDERSTAND THE NUMBERS

What Do They Mean?

MONTHS SUPPLY OF INVENTORY

Currently we have a 1.33 months supply of inventory.

Over the last 12 months, we've seen this increase by 25.47%.

LIST TO SOLD PRICE %

We're seeing a fantastic 98.7% List to Sold Price ratio.

This means on average sellers are receiving 98.7% of their asking price.

MEDIAN DAYS ON MARKET

The median days on market is 18.

In less than 3 weeks, homes are flying off the market!

MEDIAN SOLD PRICE

The median sold price is a fantastic $384,900.

This shows the continued growth and value of properties in our beautiful area.

EAGER TO UNCOVER YOUR
HOME'S CURRENT VALUE?

Click for Your Personalized Property Valuation. 

GET YOUR REPORT

Decoding The Numbers

Dive Deeper into the Pulse of East Tennessee's Housing Markets - Click Below to Read About Sevier County!

SEVIER COUNTY

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