Mount Royal (Knoxville, TN)
By Jim Lee, Portsmouth NH Realtor, Portsmouth, NH
(RE/MAX Shoreline)
  The Knoxville area sales statistics are out now for the month of April. So what do the numbers look like compared to previous Aprils? Traditionally in April the spring sales season is humming right along with the birds and bees. Unfortunately the past few Aprils have seen more of a nosedive than an increase in volume of sales. Here’s a comparison of April sales volume for the past 11 years.   This chart displays over a 45% drop in sales volume in 2009 compared to April of 2005 and a 27% decline from April of 2008. So what’s going on with prices? Are prices of Knoxville area homes taking a similar dip.     Fortunately they are not. Even though the average sales price of a typical 3 bedroom Knoxville home is $151,300 compared to a peak of $168,300 in April of 2007 those numbers just mea...
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Knoxville, TN Real Estate Professionals