Market Update – March 2025

1. Attention Knoxville Buyers and Sellers! Did know that there is currently a low 2.08 Months Supply of Inventory in our market? This means it’s a great time to sell or buy a home! Contact me, Rick Gross, at CENTURY 21 Legacy, for expert guidance on navigating the real estate market in Knoxville.

2. Looking to sell your Knoxville home? With a Sold to List Price percentage of 100.5%, you can expect to get top dollar for your property! Reach out to me, Rick Gross, at CENTURY 21 Legacy, to make the most of the current market trends.

3. Attention Knoxville Buyers! Homes are selling fast in our market, with a median days on market of just 19 days. Don’t miss out on your dream home – contact me, Rick Gross, at CENTURY 21 Legacy, to find the perfect property for you.

4. The median Sold Price in Knoxville is currently $409,900. Whether you’re buying or selling, knowing the market value of homes in the area is crucial. Trust Rick Gross at CENTURY 21 Legacy to provide you with expert guidance and support throughout the real estate process.

5. Market Update: Over the last 12 months, Months Supply of Inventory in Knoxville has increased by +50.72%. What does this mean for buyers and sellers? Contact me, Rick Gross, at CENTURY 21 Legacy, to learn how to navigate the changing market trends and make informed decisions.