November 29, 2021

alluredanceatlanta

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Homes for sale sit on market for longer

2 min read

There were slightly fewer active listings in the Knoxville area for the week of Aug. 15-21, according to data from the Knoxville Area Association of Realtors. 

The figures, pulled from a 12-county region, show the speed in which homes have been sold has slowed: The median time on market was eight days, up from six days.

There were fewer listings added than the week before. 

Here’s a look at the numbers. 

Homes sales for the week of Aug. 15-21

Active listings, or number of listings on the market in the Knoxville area during the time period: 2,437 (2,471 previous week)

New pending sales, or number of listings that went from active to pending during the time period: 619 (630 previous week)

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