Knoxville Real Estate Market

August 2021 Housing Stats

711 homes were listed “For Sale” in the Knoxville market.
871 homes sold during August.
That’s a .81 month supply of homes if no other homes come on the market.
964 additional homes came on the market, increasing inventory by 93 homes. 
 
127 of those homes were priced $600,000+.
95 of these homes sold during August.
That’s a 1.3 month supply if no other homes come on the market.
74 additional homes came on the market, decreasing inventory by 21 homes.
 
126 of these homes were priced $400,000-$600,000.
154 of these homes sold during August.
That’s a .81 month supply if no other homes come on the market.
159 additional homes came on the market, increasing inventory by 5 homes.
 
314 of these homes were priced $200,000-$400,000.
476 of these homes sold during August.
That’s a .65 month supply if no other homes come on the market.
534 additional homes came on the market, increasing inventory by 58 homes.
 
144 of these homes were priced less than $200,000.
146 of these homes sold during August.
That’s a .98 month supply if no other homes come on the market.
197 additional homes came on the market, increasing inventory by 51 homes.
 

PRICE is the most critical factor in getting a sale. The good news is that 871 homes sold last month. Yours can be SOLD if you’re willing to price it competitively and list with a 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 SOLD sign in your yard!