Sevier County Market Report – July 2018

Sevier County Market Report – July 2018

Homes

July Market Report - Homes

Sevier County

1164 homes sold in Sevier County from January to July of 2018.
1452 homes sold in 2017.
Sales are down 20%.

Average price has increased by 7% and is up by $15,000.
Average price is $243,871.

Available Inventory is down 24%, but Volume only down by 14%.

Gatlinburg

206 homes sold in Gatlinburg from January to July of 2018.
219 homes sold in 2017.
Sales are down 6%.

Average price has increased by 12% and is up by $26,000.
Average price is $246,095
Available Inventory is down 12%, and Volume up by 6%.

Pigeon Forge

224 homes sold in Pigeon Forge from January to July of 2018.
251 homes sold in 2017.
Sales are down 11%.

Average price has increased by 11% and is up by $25,000.
Average price is $256,755.
Available Inventory is down 28%, but Volume only down by 1%.

Sevierville

341 homes sold in Sevierville from January to July of 2018.
425 homes sold in 2017.
Sales are down 20%.

Average price has increased by 10% and is up by $22,000.
Average price is $241,557.
Available Inventory is down 25%, but Volume down by only 12%.

Douglas Lake

29 homes sold in Sevierville from January to July of 2018.
43 homes sold in 2017.
Sales are down 33%.

Average price has decreased by 18% and is down by $54,000.
Average price is $246,271.
Available Inventory is down 19%, and Volume down by 45%.

Wears Valley

72 homes sold in Wears Valley from January to July of 2018.
123 homes sold in 2017.
Sales are down 41%.

Average price has increased by 9% and is up by $23,000.
Average price is $293,542.
Available Inventory is down 39%, and Volume down by 36%.

Seymour

98 homes sold in Seymour from January to July of 2018.
100 homes sold in 2017.

Sales are up 2%.
Average price has increased by 3% and is up by $6,000.
Average price is $204,253.
Available Inventory is down 10%, and Volume up by 1%

Lots 

July Market Report - Land

Sevier County

279 lots sold in Sevier County from January to July of 2018.
275 lots sold in 2017.
Sales are up 1%.
Average price has increased by 14% and is up by $5,000.
Average price is $43,391.

Available Inventory is down 4%, and Volume up by 16%.

Gatlinburg

55 lots sold in Gatlinburg from January to July of 2018.
70 lots sold in 2017.
Sales are down 21%.

Average price has decreased by 3% and is down by $1100.
Average price is $34,494.
Available Inventory is up by 2%, and Volume down by 24%.

Chalet Village

21 lots sold in Chalet Village from January to July of 2018.
20 lots sold in 2017.
Sales are up 5%.

Average price has increased by 27% and is up by $10,000.
Average price is $51,128.
Available Inventory is up by 7%, and Volume up by 33%.

Pigeon Forge

45 lots sold in Pigeon Forge from January to July of 2018.
31 lots sold in 2017.
Sales are up 45%.

Average price has increased by 8% and is up by $3,000.
Average price is $41,148.
Available Inventory is flat, and Volume up by 57%.

Sevierville

62 lots sold in Sevierville from January to July of 2018.
56 lots sold in 2017.
Sales are up 11%.

Average price has increased by 26% and is up by $8,000.
Average price is $42,443.
Available Inventory is up by 6%, and Volume up by 39%.

Douglas Lake 

14 lots sold on Douglas Lake from January to July of 2018.
10 lots sold in 2017.
Sales are up 40%.

Average price has increased by 66% and is up by $32,000.
Average price is $82,135.
Available Inventory is down 7%, but Volume up by 133%.

Wears Valley

21 lots sold in Wears Valley from January to July of 2018.
23 lots sold in 2017.
Sales are down 9%.

Average price has increased by 13% and is up by $5,000.
Average price is $49,709.
Available Inventory is down 11%, and Volume up by 3%.

To locate a market report for a prior period click here.

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