π July 2025 Knoxville Home Sales Snapshot π‘
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π Housing Inventory is up 37.7% YoY
π° 44.4% sold at or above the final asking price
π 4.3% of homes sold for $1M+ β highest this year
π¨ 13.5% of sales were new construction
π Price growth remains flat, but demand is steady
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β‘οΈ While affordability challenges persist, the market still favors sellers β especially for move-in ready homes. Most buyers are current homeowners waiting for the right opportunity.
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