The cost of manual handoffs: Where homebuilder margins slip

Knoxville has 2,046 active listings this edition, with a median asking price of $400,000 and a median of 56 days on the market. Knoxville saw four asking-price cuts and no increases this edition. The Knoxville page lists every home there.

Next door, Chattanooga has 38 active listings and a median asking price of $370,000, $30,000 lower than Knoxville's. Per square foot the median asks $215 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 411 active listings and a median asking price of $450,000, $50,000 higher than Knoxville's. Per square foot the median asks $232 in Maryville against $233 in Knoxville, so Maryville is lower; the median lot is 0.74 acres in Maryville against 0.28 acres in Knoxville, so Maryville has more land. Every figure is an asking price from the same edition.

Across the whole market the Gazette counts 12,456 active listings with a median asking price of $348,900. The median asking price works out to $236 per square foot. The median time on the market is 80 days. The by-the-numbers page sets out every city, with the charts.

Edition No. 21 covers Nov 12 to Nov 13, and in that window 27 new listings came on, 13 price cuts were recorded, no price increases were recorded, and 22 listings left the active market.