Market Report for August 2018 – Sevier County

 

 

Below you will find the Sevier County Market Report for August 2018.

 

 

Market Report for August 2018- Homes

 

Sevier County

1382 homes sold in Sevier County from January to August in 2018.
1619 homes sold in 2017.
Sales are down 15%.
Average price has increased by 8% and is up by $19,000.
Average price is $248,780.
Available Inventory is down 20%, but Volume only down by 7%.

 

Gatlinburg

241 homes sold in Gatlinburg from January to August in 2018.
238 homes sold in 2017.
Sales are up 1%.
Average price has increased by 15% and is up by $33,000.
Average price is $251,436
Available Inventory is down 10%, and Volume up by 17%.

 

Pigeon Forge

260 homes sold in Pigeon Forge from January to August in 2018.
284 homes sold in 2017.
Sales are down 8%.
Average price has increased by 11% and is up by $25,000.
Average price is $259,638.
Available Inventory is down 26%, and Volume up by 1%.

 

Sevierville

407 homes sold in Sevierville from January to August in 2018.
472 homes sold in 2017.
Sales are down 14%.
Average price has increased by 12% and is up by $25,000.
Average price is $243,025
Available Inventory is down 21%, but Volume down by only 4%.

 

Douglas Lake

43 homes sold in Sevierville from January to August in 2018.
48 homes sold in 2017.
Sales are down 10%.
Average price has decreased by 10% and is down by $31,000.
Average price is $271,580.
Available Inventory is down 14%, and Volume down by 20%.

Wears Valley

92 homes sold in Wears Valley from January to August in 2018.
138 homes sold in 2017.
Sales are down 33%.
Average price has increased by 6% and is up by $16,000.
Average price is $304,385.
Available Inventory is down 30%, and Volume down by the same.

 

Seymour

112 homes sold in Seymour from January to August in 2018.
110 homes sold in 2017.
Sales are up 2%.
Average price has increased by 6% and is up by $12,000.
Average price is $208,182.
Available Inventory is down 7%, and Volume up by 8%

 

Market Report for August 2018 - Lots

 

Sevier County

323 lots sold in Sevier County from January to August in 2018.
364 lots sold in 2017.
Sales are down by 11%.
Average price has increased by 11% and is up by $4,000.
Average price is $45,645.
Available Inventory is down 7%, and Volume down by 2%.

 

Gatlinburg

62 lots sold in Gatlinburg from January to August in 2018.
95 lots sold in 2017.
Sales are down 35%.
Average price has increased by 7% and is up by $2000.
Average price is $37,672.
Available Inventory is down by 1%, and Volume down by 30%.

Chalet Village

27 lots sold in Chalet Village from January to August in 2018.
24 lots sold in 2017.
Sales are up 12%.
Average price has increased by 46% and is up by $17,000.
Average price is $56,855.
Available Inventory is up by 6%, and Volume up by 64%.

Pigeon Forge

48 lots sold in Pigeon Forge from January to August in 2018.
37 lots sold in 2017.
Sales are up 30%.
Average price has decreased by 26% and is down by $15,000.
Average price is $44,379.
Available Inventory is down 4%, and Volume down by the same.

 

Sevierville

75 lots sold in Sevierville from January to August in 2018.
72 lots sold in 2017.
Sales are up 4%.
Average price has increased by 9% and is up by $3,000.
Average price is $39,417.
Available Inventory is up by 1%, and Volume up by 14%.

Douglas Lake 

16 lots sold on Douglas Lake from January to August in 2018.
13 lots sold in 2017.
Sales are up 23%.
Average price has increased by 74% and is up by $44,000.
Average price is $103,618.
Available Inventory is down 3%, but Volume up by 115%.

Wears Valley

24 lots sold in Wears Valley from January to August in 2018.
41 lots sold in 2017.
Sales are down 41%.
Average price has increased by 9% and is up by $3,000.
Average price is $47,433
Available Inventory is down 17%, and Volume down by 36%.

 

Check out previous Market Reports here.

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