Knoxville Real Estate Market

March 2021 Housing Stats

546 homes were listed “For Sale” in the Knoxville market.739 homes sold during March. That’s a .7 month supply of homes if no other homes come on the market.
870 additional homes came on the market, increasing inventory by 131 homes.

100 of those homes were priced $600,000+.
58 of these homes sold during March.
That’s a 1.7 month supply 
if no other homes come on the market.
67 additional homes came on the market, increasing inventory by 9 homes.

108 of these homes were priced $400,000-$600,000.
90 of these homes sold during March.
That’s a 1.2 month supply 
if no other homes come on the market.
147 additional homes came on the market, increasing inventory by 57 homes.

217 of these homes were priced $200,000-$400,000.
397 of these homes sold during March.
That’s a .5 month supply 
if no other homes come on the market.
422 additional homes came on the market, increasing inventory by 25 homes.

121 of these homes were priced less than $200,000.
194 of these homes sold during March.
That’s a .6 month supply 
if no other homes come on the market.
234 additional homes came on the market, increasing inventory by 40 homes.

PRICE is the most critical factor in getting a sale. The good news is that 739 homes sold last month. Yours can be $OLD if you’re willing to price it competitively and list with a very proactive Broker. The real estate brokerage community sells 93% of all homes SOLD in North America each year! Call today and let’s get a $OLD sign in your yard!