The seasonal decline in housing inventory is in full force

Knoxville has 2,047 active listings this edition, with a median asking price of $399,999 and a median of 57 days on the market. Knoxville saw eleven asking-price cuts and no increases this edition. The Knoxville page lists every home there.

Next door, Chattanooga has 39 active listings and a median asking price of $365,000, $34,999 lower than Knoxville's. Per square foot the median asks $214 in Chattanooga against $232 in Knoxville, so Chattanooga is lower; the median lot is 0.24 acres in Chattanooga against 0.28 acres in Knoxville, so Knoxville has more land. Also nearby, Maryville has 401 active listings and a median asking price of $455,000, $55,001 higher than Knoxville's. Per square foot the median asks $233 in Maryville against $232 in Knoxville, so Knoxville 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 12,433 active listings with a median asking price of $346,500. The median asking price works out to $235 per square foot. The median time on the market is 81 days. The by-the-numbers page sets out every city, with the charts.

Edition No. 23 covers Nov 14 to Nov 15, and in that window 45 new listings came on, 40 price cuts were recorded, no price increases were recorded, and 96 listings left the active market.