Knoxville Real Estate

December 2020 Housing Stats

903 homes were listed “For Sale” in the Knoxville real estate market. 735 homes sold during December.That’s a 1.2 month supply of homes if no other homes come on in the Knoxville housing market. 533 additional homes came on the market, decreasing inventory by 202 homes.

147 of those homes were priced $600,000+.
41 of these homes sold during December.
That’s a 3.6 month supply 
if no other homes come on in the Knoxville housing market.
33 additional homes came on the market, decreasing inventory by 8 homes.

163 of these homes were priced $400,000-$600,000 in the Knoxville Real Estate market.
103 of these homes sold during December.
That’s a 1.6 month supply 
if no other homes come on the in the Knoxville housing market.
63 additional homes came on the market, decreasing inventory by 40 homes.

408 of these homes were priced $200,000-$400,000.
363 of these homes sold during December.
That’s a 1.1 month supply 
if no other homes come on the in the Knoxville housing market.
263 additional homes came on the market, decreasing inventory by 100 homes.

185 of these homes were priced less than $200,000.
228 of these homes sold during December.
That’s a .8 month supply 
if no other homes come on the in the Knoxville housing market.
174 additional homes came on the market, decreasing inventory by 54 homes.

PRICE is the most critical factor in getting a sale in the Knoxville real estate market. The good news is that 627 homes sold last month in Knoxville, Tennessee. Yours can be SOLD if you’re willing to price it competitively and list with a very proactive Knoxville Realtor. The real estate brokerage community sells 93% of all homes SOLD in North America each year! Call your favorite Knoxville Realtors today to get a SOLD sign in your yard!