June 2011 Blog Posts (2)

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May Numbers

May saw only one home in Sequoyah Hills transfer ownership.  The average price per square foot for the May transactions was $159 as per information in the Knoxville MLS.    In 2010, four homes were sold in the month of May with an average price per square foot of $215, although there was one large sale that skewed that number much higher than it would have been otherwise.  Volume continues on it's downward trend. Activity continues to pick up, but the selling cycle is taking longer, leaving… Continue

Added by Rich Tierney on June 30, 2011 at 9:32am — No Comments

April Numbers

April saw two homes in Sequoyah Hills transfer ownership.  The average price per square foot for the April transactions was $189 as per information in the Knoxville MLS.  However, this was due to one of the two homes being sold for $246 per square foot - an aberration, as it was easily the most expensive home (per square foot) that has been sold this year in Sequoyah Hills.  In 2010, eight homes were sold in the month of April with an average price per square foot of $155.  Volume down… Continue

Added by Rich Tierney on June 30, 2011 at 9:00am — No Comments

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