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.
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.
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.