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Holston Hills / Chilhowee Park TN Market Report

The Holston Hills / Chilhowee Park area is located in the South Eastern portion of Knox County by the Holston River. The Holston Hills area contains an eclectic mix of homes ranging from large historic riverside estates to small cottages. If you are thinking of Selling or Buying a home in Holston Hills / Chilhowee Park home you may be interested in the recent market report.

Please note that these stats that I will be showing below are taken from the Knoxville Association of Realtors® and include only single family residence homes that are/or have been listed in the Knoxville MLS. Also, for comparison purposes I am only using data taken from January 1, 2009 to June 30, 2009.

Active Listings

48

Closed Listings (1/1/09-6/30/09)

26

Absorption Rate
(1/1/09-6/30/09)

11.09


So what does this all mean? What this shows is that the Holston Hills / Chilhowee Park TN subarea as a whole (all subarea and all prices) has an average of 11.09 months of inventory. The absorption rate will vary by price range and specific properties (i.e. # of bedrooms, # of bathrooms, and square footage). If you are thinking of Selling a home in Holston Hills / Chilhowee Park area contact us and we will glady provide you with a custom report.

As you can see from the chart below the Holston Hills / Chilhowee Park area in Knoxville TN has seen a decrease in the number of closed sales in the past month, compared to the past 6 month average.

Current Active Listings

48

Closed Listings
(6/1/09-6/30/09)

2

Absorption Rate
(6/1/09-6/30/09)

24



Keep in mind real estate is and always has been all about location, location, location. There are some areas and price ranges within Knox County that have improved significantly while others have not changed too much. Please click on the designated subareas below for data specific to each Knox County TN subarea.

Knox County Subareas (click on a subarea to view Market area stats specific to each subarea)

If you are considering Selling your Knoxville area home Christine McInerney and Jennifer Halinkowski with Keller Williams Realty Knoxville TN will gladly provide you with a Free Comparative Market Analysis (CMA) as well as subdivision and area specific market data.

Instantly search all properties for sale in the Knoxville TN and surrounding areas now!
www.HomesForSaleKnoxville.com

Visit Christine McInerney and Jennifer Halinkowski with Keller Williams Realty on-line at:
www.HomesForSaleKnoxville.com and www.KnoxvilleReal-Estate.com

Office: (865) 694-5904
Christine (865) 237-5289 and Jennifer (865) 621-3658
Mail to: McIn-Kowski@HomesForSaleKnoxville.com

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Posted Tuesday Jun 30