Welcome to 2014!
The new year is finally here and hopefully you have been doing some reflecting, and maybe even some goal setting, to make this year your best yet. I know I am grateful for all the happiness and prosperity headed my way in the new year and many blessings to each of you as well!
In the meantime, let’s take a minute to reflect on the Knoxville market’s real estate highs and lows for 2013. Just like anything else in life, whether it is sports teams rankings or movie star fashion, real estate also has its “high rollers” and the “in need of some work” cases.
In 2013 the Knox county home sales’ closing price range went from $2,300 to $3,212,500— now there’s a spread. You read that correctly, two thousand three hundred dollars! So for those of you looking to see if there are still some houses available for fixing up, the evidence would indicate that you can find a property (or even a lot) for the average amount you would pay for a year’s worth of gas (or less)! On the other end of the spectrum, if you are looking to get into the luxury market, Knoxville’s got you covered there as well with some pretty swanky pads in this little Vol nation.
Without further ado, ladies and gentlemen your Top 5: Knoxville Real Estate’s Highest & Lowest Selling Homes for 2013…
Top 5 Highest Sales
2008 Two story w/basement, 9,642 square feet
1995 Two story, 8,494 square feet
1982 Two story w/basement, 8,613 square feet
2000 Two story w/basement, 13,461 square feet
1931 Two story w/basement, 11,416 square feet
Top 5 Lowest Sales
1930’s One story, 768 square feet
1930’s 2 story, 2346 square feet
1899 One story, 1185 square feet
1920’s One story, 894 square feet
1899 One story, 1368 square feet
Photos courtesy of Realtor.com, KAAR MLS, and Snapshot.com. All data retrieved from 1/01/2013-12/31/2013 from the Knoxville Area Association of Realtors multiple listing service. The above data does not include homes not listed for sale through the KAAR MLS. Written by, Shannon Foster-Boline