1. KNOXVILLE MLS
OCTOBER 2013

2. OCTOBER 2013
$146,000
OCTOBER 2012
MEDIAN SALES PRICE
$143,500
2%
$180,000
$160,000
$146,000
$140,000
$120,000
$100,000
$80,000
$60,000
$40,000
$20,000
$0
The Median Price for all homes sold in October was $146,000, which is no change
from the median price in September and 2% higher than the price in October
2012.
KNOXVILLE MLS
OCTOBER 2013

3. 2013
OCTOBER 2013
957
MAY 2012
OCTOBER 2012
CLOSED TRANSACTIONS
883
8%
1400
1200
1000
957
800
600
400
200
0
The Market Trend Report for October showed an 8% decrease in the number of
Closed Transactions over September and a 8% increase over sales in October
2012.
KNOXVILLE MLS
OCTOBER 2013

4. OCTOBER 2013
102
OCTOBER 2012
DAYS ON THE MARKET
120
15%
140
120
100
102
80
60
40
20
0
The average Days on the Market for all homes sold in October was 102. This is 6
days more than the average in September and 18 days less than the average in
October 2012.
KNOXVILLE MLS
OCTOBER 2013

5. OCTOBER 2013
10.2
OCTOBER 2012
11.9
MONTHS SUPPLY OF
INVENTORY
14%
14.0
12.0
10.0
8.0
10.2
6.0
4.0
2.0
0.0
The number of Months Supply of Inventory at the end of October was 10.2 which is
a 4% increase over September and a 14% decrease from October 2012.
KNOXVILLE MLS
OCTOBER 2013

6. Description
The Market Trend Report is distributed each month on or about the 15th.
The Report is based on data provided by Terradatum from the local
Knoxville Multiple Listing Service and is not annualized. While MLS and
Terradatum data are believed to be accurate, it cannot be
guaranteed. MLS data is constantly being updated, making any analysis
a snapshot at a particular time. Data for prior periods is not being
recalculated for this report.
Definitions
Median Sales Price is the median price of all residential properties sold
during the month. Closed Transactions are the number of residential
transactions closed during the given month. Days on the Market is the
number of days that pass from the time a property is listed until the
property goes under contract for all residential properties sold during the
month. Months Supply of Inventory is the total number of residential
properties listed for sale at the end of the month (active inventory)
divided by the number of sales contracts signed (pended) during the
month).