What I learned sitting on both sides of the REO assignment

In Knoxville the Gazette counts 19 active listings; the median asking price there is $299,000, and 175 days listed. No cuts to the asking price and no increases were recorded in Knoxville this edition. The Knoxville page lists every home there.

Beside it, Maryville has 5 active listings and a median asking price of $499,900, $200,900 higher than Knoxville's. The median lot is 1.15 acres in Maryville against 2.31 acres in Knoxville, so Knoxville has more land. Also nearby, Clinton has 3 active listings and a median asking price of $375,000, $76,000 higher than Knoxville's. The median lot is 4.61 acres in Clinton against 2.31 acres in Knoxville, so Clinton has more land. Every figure is an asking price from the same edition.

For the market as a whole, 136 listings are active, and the median asking price is $290,000. Per square foot, the median asks $30. The median home has been listed 136 days. The by-the-numbers page sets out every city, with the charts.

This is edition No. 13, counting from Nov 4 to Nov 5: one new listing came on, no price cuts were recorded, no price increases were recorded, and one listing left the active market.