Which asking prices moved in East Tennessee since the last edition? The cuts and the rises

In this edition East Tennessee counts 12,691 active listings, down 14 since the last edition. Of those, 12,659 state an asking price, and the medians below read from them. The median asking price is $349,000, unchanged since the last edition. The listings sit in 242 cities, as the listings spell them.

The median cut is 3.5% of the earlier asking price. The cuts are 0.1% of the 12,691 active listings.

Knoxville has 2,057 of the 12,691 active listings, asking a median $409,900.

The largest cut is 14%, from $278,900 to $239,900 in Townsend.

Cuts were most common in Knoxville, 4, Cleveland, 2 and Madisonville, 2.

The last edition counted 295 cuts and 5 rises, so cuts are less common this time.

A price change is a difference between two snapshots of our own copy of the feed. A listing that changed twice between snapshots shows only the net change, and the page says nothing about why a price moved.

Between the last edition and this one, 13 new listings have come on and 27 have left the active market.

The median asking price is $349,000, unchanged since the last edition, among 12,659 priced listings.

Knoxville has the most listings, 2,057 of the 12,691, or 16.2%, down 7 since the last edition. Sevierville comes next with 1,210.

The market divides into sections by what a listing states. Land has 4,303, Tiny & starter homes has 1,879, Large homes has 935, Estates has 809 and Mega mansions has 14. Among the sections, the median asking price runs from $95,000 for land to $6,375,000 for mega mansions.

The most listings ask under $300k: 5,500 of the 12,659 that state a price, 43.4% of them, down 1 since the last edition.

Four asking-price bands hold a listing. The $300–500k band has 3,405, or 26.9%. The $500–800k band has 2,128, or 16.8%. The $800k+ band has 1,626, or 12.8%.

Listings wait longest in the under $300k band, a median of 95 days. They wait least in the $300–500k band, a median of 65 days.

The band edges are the same every day, so a count can be compared across editions. The under $300k band holds 43.4% of priced listings and the $800k+ band holds 12.8%.

The biggest change since the last edition is in the $500–800k band, down 6 to 2,128.

The next four: Crossville has 1,042, Maryville has 426, Loudon has 364 and Gatlinburg has 346. Together the five busiest cities hold 40.2% of the market.

Among cities with three or more listings, the median asking price is highest in Piney Flats, at $3,329,750. It is lowest in Calvin, at $17,500, a difference of $3,312,250.

Listings have waited longest in Calvin, a median of 448 days, and least in Tracy City, a median of 1 days.

Sixty-eight cities have fewer than three listings, so they get a count and no median.

The city is whatever the listing says it is. A different spelling of the same city is counted under its own spelling, so the counts are of the names as listed.

A typical active listing has waited 79 days, up 1 since the last edition. That is read from 12,691 listings with a listing date.

A total of 2,873 came on in the last 30 days, 22.6% of those with a date. A total of 4,045 have waited between 30 and 90 days, and 5,773 have waited 90 days or more, 45.5%.