December Market Report for Sevier County

December Market Report for Sevier County

Sevier County Homes

December Market Report for Sevier County

 

2061 homes sold in Sevier County from January to December in 2018.
2177 homes sold in 2017.
Sales are down 5%.
Average price has increased by 10% and is up by $24,000.
Average price is $258,537.
Available Inventory is down 11%, but Volume up by 4%.

Check out the average price over the last half of the year!

Sevier County Homes Average Price

Gatlinburg

344 homes sold in Gatlinburg from January to December in 2018.
306 homes sold in 2017.
Sales are up by 12%.
Average price has increased by 12% and is up by $26,000.
Average price is $257,459.
Available Inventory is down 2%, and Volume up by 25%.

Pigeon Forge

389 homes sold in Pigeon Forge from January to December in 2018.
395 homes sold in 2017.
Sales are down 2%.
Average price has increased by 16% and is up by $40,000.
Average price is $288,024.
Available Inventory is down 17%, and Volume up by 15%.

Sevierville

606 homes sold in Sevierville from January to December in 2018.
641 homes sold in 2017.
Sales are down 5%.
Average price has increased by 13% and is up by $28,000.
Average price is $250,691.
Available Inventory is down 13%,  and Volume up by 7%.

Douglas Lake

59 homes sold on Douglas Lake from January to December in 2018.
64 homes sold in 2017.
Sales are down 8%.
Average price has increased by 6%, and is up by $17,000.
Average price is $310,672.
Available Inventory is down 9%, and Volume down by 2%.

Wears Valley

139 homes sold in Wears Valley from January to December in 2018.
177 homes sold in 2017.
Sales are down 21%.
Average price has increased by 11% and is up by $31,000.
Average price is $313,807.
Available Inventory is down 23%, and Volume down by 1%.

Sevier County Lots

December Market Report for Sevier County Lots

 

557 lots sold in Sevier County from January to December in 2018.
540 lots sold in 2017.
Sales are up by 3%.
Average price has decreased by 14% and is down by $8,000.
Average price is $53,578.
Available Inventory is down 3%, and Volume down by 11%.

Check out the average price over the last half of the year!

December Market Report for Land

Gatlinburg

108 lots sold in Gatlinburg from January to December in 2018.
119 lots sold in 2017.
Sales are down 9%.
Average price has increased by 4% and is up by $1,000.
Average price is $42,783.
Available Inventory is up by 7%, and Volume down by 5%.

Chalet Village

41 lots sold in Chalet Village from January to December in 2018.
35 lots sold in 2017.
Sales are up 17%.
Average price has increased by 6% and is up by $2,000.
Average price is $48,026.
Available Inventory is up by 5%, and Volume up by 25%.

Pigeon Forge

58 lots sold in Pigeon Forge from January to December in 2018.
49 lots sold in 2017.
Sales are up 18%.
Average price has decreased by 80% and is down by $171,000.
*Miller Way was closed for  $6M+ in December of 2017 and is an outlier to this data.
Average price is $43,081.
Available Inventory is down 2%, and Volume down by 76%.

Sevierville

128 lots sold in Sevierville from January to December in 2018.
119 lots sold in 2017.
Sales are up 8%.
Average price is flat to last year.
Average price is $51,939.
Available Inventory is down by 1%, and Volume up by 8%.

Douglas Lake

27 lots sold on Douglas Lake from January to December in 2018.
18 lots sold in 2017.
Sales are up 50%.
Average price has increased by 74% and is up by $48,000.
Average price is $112,607.
Available Inventory is up 1%, and Volume up by 161%.

Wears Valley

51 lots sold in Wears Valley from January to December in 2018.
61 lots sold in 2017.
Sales are down 16%.
Average price has increased by 49% and is up by $23,000.
Average price is $72,390.
Available Inventory is down 10%, and Volume up by 25%

You can find previous Market Reports here.

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