Memo to Knoxville, TN area home sellers
In my opinion the seasonal decline in Knoxville area real estate sales has started.
Each year real estate sales typically starts going down towards the holiday season in November/December, usually bottoms in January/February and starts climbing again to a peak in May/June/July.
As the chart below indicates, the August 2009 Knoxville sales figures are lower than July. July is probably going to be the peak sales month for 2009 if history repeats itself.

Monthly real estate sales comparisons
I thought this year might be different because of the $8,000 tax credit which has been responsible for a significant number of sales this year. This credit expires at the end of November and shows no signs of being extended.
However the actual sales numbers don’t seem to support that theory.
Bottom line for Knoxville, Tennessee area sellers; you need to take a new look at recent sales in your immediate area, what your competition is, and make sure your house is in tip top condition to appeal to a declining number of buyers.
You can find some great home selling tips at www.KnoxvilleHomeCenter.com as well as see all of Knoxville’s Realtor listings for sale.
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