West Knoxville TN May Home Sales

By
Real Estate Agent with eXp Realty - Angie Cody Team TN RE Lic# 323112

I have finished going over the west Knoxville TN May home sales numbers. And, boy do I have some good news for you!

 

May saw a continued upsurge in home purchases! Yee haw! Overall, the Knoxville Area Association of REALTORS® reports that there were a total of 1,018 single-family home sales during the month of May. As I keep reminding you, KAAR covers a number of counties, so here's what happened in Knox County last month -- a total of 454 single family home sales.

2012 Knox County Home Sales

Now, believe you me, these are some great statistics that are coming in. So, let's break this down further and see what exactly has been going on in the west Knoxville areas. Of the 454 home sales in Knox County, west Knoxville areas had 203 of those home sales.

West Knoxville Home Sales

 

The good news is, not a single area in west Knoxville saw a downward turn in home sales for the month of May! I can see you sellers are cracking just a little smile out there, and well you should!

 

 

 

Overall, for KAAR, average days on market is still on the high side, at 129. So, if your property is still on the market, hang tight. We are seeing more home buyers looking for properties.

 

 

 

If you are searching for your west Knoxville home, drop me a note. I'd love to be your KEY to home.

 

Posted by

Chiara

Chiara (KEY-r-ah)...Your KEY to Home Sweet Home

Realty Executives Associates

109 Northshore Drive, Knoxville, TN 37919

(865) 588-3232

 

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Rainmaker
781,033
Jeri & Henri Gutner
Realty One Group Legacy - Doylestown, PA
CRS,GRI

Thank you for the update. Bucks County PA is going through a similar type of market. Hope it continues for both of us.

Jun 20, 2012 05:56 AM #1
Rainmaker
1,561,573
Carla Muss-Jacobs, RETIRED
RETIRED / State License is Inactive - Portland, OR

Home sales going up in your area . .. that's good news.  As you say, still on the high side with the average days on market but they are selling, which is good.

Jun 20, 2012 07:34 AM #2
Rainer
125,916
Chiara Petro
eXp Realty - Angie Cody Team - Knoxville, TN
Your KEY to Home Sweet Home - Knoxville TN

Jeri & Henri, yes it is good news! I think we all need to see good news these days.

 

Carla, I'd say that we are finally making our way through the current supply. If home sales continue in this fashion, we'll eventually start seeing that number go down. It's just a matter of time.

Jun 20, 2012 09:58 PM #3
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Rainer
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Chiara Petro

Your KEY to Home Sweet Home - Knoxville TN
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