The figures from the Knoxville Area Association of Realtors June home sales are out and the news remains positive for the Knoxville area.

Farragut and Knoxville Tennessee sold homes by jim lee knoxville area realtor

This beautiful Farragut home with pool sold for $499,900.

The median home price increased a little over January of this year from January’s $144,000 to a June figure of $145,000.

The average sales price increased from $161,800 in January to $162,900 in June.

knoxville tn homes for sale jim lee knoxville farragut realtor

This 4 bedroom home was listed for $159,900 and will close this month

The average days on market (time to sell a Knoxville home) dropped 10 days from 105 in January to 95 days in June.

recently sold in the Knoxville Tennessee area

This Farragut basement rancher had four bedrooms and sold for $155,000

The biggest jump was in the January over June sales volume. In January we sold 783 residential homes and condos. In June that number jumped to to 1,176 which is a 50% increase in Knoxville area homes actually sold and closed.

With the year half over now our home sales totals are 5,376 closed sales through June of 2008.

recently sold Knoxville area homes

This totally refurbished 4 bedroom home in the Cedar Bluff Road area sold for $184,500

And here’s some more good news; there’s still 6 months left in this year if you want to get on the bandwagon with 5,376 of your fellow Knoxvillians and buy a new home, would be my recommendation for a place to start. ;-)

Knoxville area homes sold by jim lee knoxville realtor

This impressive home in Whittington Creek was a good buy at $500,000.