Knox County Registrar of Deeds property transfer report
By Jim Lee, REALTOR, CRS, ABR, Buying or Selling? Ann & Jim are the local experts
(RE/MAX Shoreline)
for the week of December28th This past week the Knoxville County Registrar of Deeds reported 139 closed real estate transactions. Like most previous weeks most of the action was in the $50,000 to $150,000 prices ranges with closed transactions dropping off dramatically as the scale moved towards the higher prices. There were 4 closed transactions over $1,000,000 and 2 in the $500,000 to $1,000,000 range. The average sales price in Knoxville for November 2008 was $85,900 for a 2 bedroom, $155,800 for a typical 3 bedroom home and $244,500 for 4 bedrooms and more. This west Knoxville home closed at $160,000, 94.17% of the $169,900 list price. There are still lots of great buys available and with interest rates moving into the mid 4% range, financing is looking pretty great as well. Southea...
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