How long does a East Tennessee listing wait for a buyer? The days-on-market read

East Tennessee has 12,456 active listings right now, up 5 since the last edition. Of those, 12,426 state an asking price, and the medians below read from them. The median asking price is $348,900, up $900 since the last edition. The listings sit in 242 cities, as the listings spell them.

A total of 2,685 came on in the last 30 days, 21.6% of those with a date. A total of 4,048 have waited between 30 and 90 days, and 5,723 have waited 90 days or more, 45.9%.

Knoxville has 2,046 of the 12,456 active listings, asking a median $400,000.

In the last edition 2,758 had come on within 30 days and 5,717 had waited 90 days or more. The fresh group is smaller now, and the long-waiting group is larger.

By asking price, the median wait is longest in the under $300k band, 96 days, and shortest in the $300–500k band, 67 days.

By city, Soddy-Daisy has the shortest median wait among cities with three or more listings, 10 days. Calvin has the longest, 461 days.

Among the sections, mega mansions wait a median of 36 days and land wait 139.

Days on market runs from the listing date to this edition. A listing that was taken off and listed again can show a new date, so the figure is a count of days since the date the listing states.

More listings ask under $300k: 5,417 of the 12,426 that state a price, 43.6% of them, down 10 since the last edition.

Knoxville has the most listings, 2,046 of the 12,456, or 16.4%, up 8 since the last edition. Sevierville comes next with 1,208.

Since the last edition, 27 new listings have come on and 22 have left the active market.

The market divides into sections by what a listing states. Land has 4,230, Tiny & modest homes has 1,838, Large homes has 905, Estates has 789 and Mega mansions has 11. Among the sections, the median asking price runs from $96,000 for land to $6,500,000 for mega mansions.

Four asking-price bands hold a listing. The $300–500k band has 3,363, or 27.1%. The $500–800k band has 2,056, or 16.5%. The $800k+ band has 1,590, or 12.8%.

Listings wait longest in the under $300k band, a median of 96 days. They wait least in the $300–500k band, a median of 67 days.

The band edges are the same every day, so a count can be compared across editions. The under $300k band holds 43.6% of priced listings and the $800k+ band holds 12.8%.

The biggest change since the last edition is in the under $300k band, down 10 to 5,417.

The next four: Crossville has 998, Maryville has 411, Loudon has 358 and Gatlinburg has 332. Together the five busiest cities hold 40.3% of the market.

Among cities with three or more listings, the median asking price is highest in Piney Flats, at $3,323,750. It is lowest in Calvin, at $17,500, a difference of $3,306,250.

Listings have waited longest in Calvin, a median of 461 days, and least in Soddy-Daisy, a median of 10 days.

Seventy 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.