The Knoxville real estate market in 2012 saw improvements over 2011, with 164 more property sales, properties selling 1 day faster on average, 34% more pending listings, and average sales prices increasing by 2% or $2,250. Inventory levels decreased by 4% and the monthly supply of homes dropped by 31% compared to the previous year.

1. December 2012
Knoxville, TN
Market Trends

2. December 2012
For Knoxville comparing 2011 to 2012 there are . . .
•164 more Properties sold than this time last year
•Listings have been selling 1 days faster in 2012 than 2011
•34% more listings under contract compared to 2011
•4% less listings for sale in 2012
•Average sales price has increased in 2012 by 2% or $2,250
•31% less monthly supply of inventory in 2012

3. December 2012
Number of Properties Sold
1,200
1,000
800
600
400
200
-

4. December 2012
Days on Market
135
130
125
120
115
110

5. December 2012
Pending Listings
1,400
1,200
1,000
800
600
400
200
-

6. December 2012
Number of Listings For Sale
12,500
12,000
11,500
11,000
10,500
10,000

7. December 2012
Average Sales Price
$150,000
$145,000
$140,000
$135,000
$130,000
$125,000
$120,000
$115,000

8. December 2012
Monthly Supply of Inventory
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0

9. December 2012
Data provided by Terradatum.
The above representation is based in whole or in part on data from the local
Multiple Listing Service for the time period indicated. RE/MAX, the Multiple
Listing Service, and the member Associations of REALTORS do not guarantee or
are in any way responsible for the data accuracy.