The Hot Sheet
Eight homes dropped their price in one days, and the biggest cut was $39,000 in Sevierville
The biggest cut was $39,000 on 1448 Red Cedar Lane, Sevierville, TN 37876 in Sevierville; the smallest was $4 on 1135 Shady Grove Lane, Gatlinburg, TN 37738 in Gatlinburg.
Eight sellers moved their price down between Oct 24 and Oct 25. 4100 Westgate Drive, Knoxville, TN 37921 in Knoxville came down $27,000 to $382,900 (6.6%); 1448 Red Cedar Lane, Sevierville, TN 37876 in Sevierville came down $39,000 to $650,000 (5.7%); 203 Todaly Circle, Loudon, TN 37774 in Loudon came down $30,000 to $839,000 (3.5%).
The median asking price across all 12637 active listings is $349,900; none of them are now priced under it.
Every price below is an asking price on an active listing as of this edition, never a sale price. Each address links to the listing itself.
Eight homes cut their asking price, by a median 2.9%, $143,899 off asking prices altogether. None of the eight now ask less than the market's median of $349,900.
The biggest cut was $39,000 (5.7%) at 1448 Red Cedar Lane, Sevierville, TN 37876 in Sevierville, now asking $650,000. The longest-listed of the re-priced homes is 1135 Shady Grove Lane, Gatlinburg, TN 37738 in Gatlinburg, 212 days on the market and now asking $694,995.