A path to sub-7% mortgage rates is back on the table

In Knoxville the Gazette counts 2,033 active listings; the median asking price there is $409,000, and 54 days listed. One cut to the asking price and no increases were recorded in Knoxville this edition. The Knoxville page lists every home there.

Beside it, Chattanooga has 40 active listings and a median asking price of $360,000, $49,000 lower than Knoxville's. Per square foot the median asks $214 in Chattanooga against $233 in Knoxville, so Chattanooga is lower; the median lot is 0.22 acres in Chattanooga against 0.28 acres in Knoxville, so Knoxville has more land. Also nearby, Maryville has 422 active listings and a median asking price of $439,950, $30,950 higher than Knoxville's. Per square foot the median asks $228 in Maryville against $233 in Knoxville, so Maryville is lower; the median lot is 0.68 acres in Maryville against 0.28 acres in Knoxville, so Maryville has more land. Every figure is an asking price from the same edition.

For the market as a whole, 12,440 listings are active, and the median asking price is $349,000. Per square foot, the median asks $235. The median home has been listed 78 days. The by-the-numbers page sets out every city, with the charts.

This is edition No. 9, counting from Oct 31 to Nov 1: three new listings came on, four price cuts were recorded, no price increases were recorded, and 228 listings left the active market.