August 2019 Market Report for Sevier County

Sevier County Homes

1434 homes sold in Sevier County during January and August of 2019.
1433 homes sold during January and August of 2018.
Sales are flat.
Average price has increased by 11% and is up by $28,000.
Average price is $282,964.
Available Inventory is down 7%, and Volume up by 11%.

Gatlinburg

223 homes sold in Gatlinburg during January and August of 2019.
244 homes sold during January and August of 2018.
Sales are down by 9%.
Average price has increased by 14% and is up by $36,000.
Average price is $291,324.
Available Inventory is down 14%, and Volume is up 4%.

Pigeon Forge

242 homes sold in Pigeon Forge during January and August of 2019.
273 homes sold during January and August of 2018.
Sales are down by 11%.
Average price has increased by 23% and is up by $63,000.
Average price is $342,976.
Available Inventory is down 5%, and Volume up by 9%.
*7 homes have been sold for over $1M in Pigeon Forge this year. 

Sevierville

443 homes sold in Sevierville during January and August of 2019.
422 homes sold during January and August of 2018.
Sales are up by 5%.
Average price is up by 3%.
Average price is $255,226.
Available Inventory is down 4%,  and Volume up 8%.

Wears Valley

80 homes sold in Wears Valley during January and August of 2019.
95 homes sold during January and August of 2018.
Sales are down by 16%.
Average price has increased by 17% and is up by $52,000.
Average price is $358,988.
Available Inventory is down 14%, and Volume down by 1%.

Douglas Lake

48 homes sold on Douglas Lake during January and August of 2019.
44 homes sold during January and August of 2018.
Sales are up 9%.
Average price has increased by 15% and is up by $42,000.
Average price is $318,444.
Available Inventory is down 5%,  and Volume up 26%

August 2019 Market Report for Sevier County, TN - Land

Sevier County Lots

451 lots sold in Sevier County during January and August of 2019.
366 lots sold during January and August of 2018.
Sales are up by 23%.
Average price has increased by 13% and is up by $7,000.
Average price is $62,169.
Available Inventory is down 9%, but Volume up by 40%.

Gatlinburg

123 lots sold in Gatlinburg during January and August of 2019.
67 lots sold during January and August of 2018.
Sales are up by 84%.
Average price has increased by 33% and is up by $13,000.
Average price is $55,065.
Available Inventory is down 2%, and Volume up by 145%.

Chalet Village

37 lots sold in Chalet Village during January and August of 2019.
28 lots sold during January and August of 2018.
Sales are up by 32%.
Average price is up down by 6% and is down by $3,000.
Average price is $52,590.
Available Inventory is up 1%, and Volume up 24%.

Pigeon Forge

52 lots sold in Pigeon Forge during January and August of 2019.
48 lots sold during January and August of 2018.
Sales are up 8%.
Average price has increased by 37% and is up by $16,000.
Average price is $60,722.
Available Inventory is down 19%, and Volume up by 48%.

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