The Hot Sheet · By price band
Forty-seven price cuts now ask $250–400k, the busiest band
Five asking-price bands hold a cut · 47 cuts in the busiest · median 64 days listed.
Among the 158 price cuts in East Tennessee since the last edition, forty-seven now ask in the $250–400k band, more than in any other. That is 30% of the cuts.
The bands run in steps from under $250,000 to $900,000 and up, and a home goes in the band its asking price falls in after the cut. The busiest three: $250–400k has forty-seven, $400–600k has forty-one, Under $250k has thirty.
A cut is counted when a listing's asking price is lower than it was at our last check. A listing cut twice since then shows as one cut. Every price here is an asking price on an active listing, and a median needs three homes or it is left out.
Together the $250–400k cuts took $575,991 off asking prices, and the median cut is $9,000, or 2.5% of the old asking price. After the cut, asking prices run from $250,000 to $392,900, and the median asking price is $320,000. That median cut is 0.2 points deeper than the 2.3% median across every price cut in the edition. The median home had been listed 64 days when its cut was seen, counted to this edition from the listing's own date.
The biggest cut among them is at 364 Jasmine Rd, Newport, TN 37821 in Newport: down $124,500, from $449,500 to $325,000, or 27.7%.
The table shows every band that holds a cut, and each row opens the homes in it. The twenty-four deepest cuts of the 47 are shown below, and the search on the main page looks through every active home. Each address opens that home's own page.
Asking-price bands
| Price band | Cuts | Share | Median cut |
|---|---|---|---|
| Under $250k | 30 | 19% | $8,000 (3.5%) |
| $250–400k | 47 | 30% | $9,000 (2.5%) |
| $400–600k | 41 | 26% | $10,000 (1.8%) |
| $600–900k | 26 | 16% | $10,000 (1.4%) |
| $900k+ | 14 | 9% | $50,450 (3.8%) |