Sun
Feb 21 2021
11:48 pm
East Tennessee Real Estate Snapshot
By: Greg Mackay

Here is the Coldwell Banker Wallace December report.

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Feel free to call me if you have any questions.
865-556-1276
Greg Mackay
Real Estate Broker

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Up Goose Creek's picture

Missing middle

Submitted by Up Goose Creek on Mon, 2021/02/22 - 12:53pm.

I've been keeping an eye on the market. In South Knoxville it seems to consist of pre flip sales of 60-70k and flipped homes from 170k to as much as 330k. Is there any market for in between homes or do buyers expect something that looks like HGTV.

The pre flips usually don't show up on the MLS as they are procured by postcards and robocalls. I see one house on Riggs that sold to a pre-flipper last June for 71k, then to a flipper in July for 100k. This February it sold for 248k.

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