September 2019 Market Report

Sevier County Homes

1600 homes sold in Sevier County during January and September of 2019.
1589 homes sold during January and August of 2018.
Sales are up 1%.
Average price has increased by 10% and is up by $26,000.
Average price is $283,467.
Available Inventory is down 6%, and Volume up by 11%.

Gatlinburg

254 homes sold in Gatlinburg during January and September of 2019.
256 homes sold during January and August of 2018.
Sales are down by 1%.
Average price has increased by 16% and is up by $39,000.
Average price is $294,461.
Available Inventory is down 14%, and Volume is up 4%.

Pigeon Forge

270 homes sold in Pigeon Forge during January and September of 2019.
303 homes sold during January and August of 2018.
Sales are down by 11%.
Average price has increased by 22% and is up by $62,000.
Average price is $346,731.
Available Inventory is down 5%, and Volume up by 9%.
*7 homes have been sold for over $1M in Pigeon Forge this year. 

Sevierville

491 homes sold in Sevierville during January and September of 2019.
477 homes sold during January and August of 2018.
Sales are up by 3%.
Average price is up by 1%.
Average price is $254,928.
Available Inventory is down 4%,  and Volume up 4%.

Wears Valley

88 homes sold in Wears Valley during January and September of 2019.
106 homes sold during January and August of 2018.
Sales are down by 17%.
Average price has increased by 15% and is up by $45,000.
Average price is $356,341.
Available Inventory is down 12%, and Volume down by 5%.

Douglas Lake

52 homes sold on Douglas Lake during January and September of 2019.
49 homes sold during January and August of 2018.
Sales are up 6%.
Average price has increased by 17% and is up by $47,000.
Average price is $327,275.
Available Inventory is down 6%, and Volume up 24%

Sevier County Lots

491 lots sold in Sevier County during January and September of 2019.
413 lots sold during January and August of 2018.
Sales are up by 19%.
Average price has increased by 15% and is up by $8,000.
Average price is $62,115.
Available Inventory is down 9%, but Volume up by 37%.

Gatlinburg

128 lots sold in Gatlinburg during January and September of 2019.
76 lots sold during January and August of 2018.
Sales are up by 68%.
Average price has increased by 27% and is up by $11,000.
Average price is $54,570.
Available Inventory is down 1%, and Volume up by 144%.

Chalet Village

39 lots sold in Chalet Village during January and September of 2019.
29 lots sold during January and August of 2018.
Sales are up by 34%.
Average price is up by 4% and is up by $1,000.
Average price is $56,814.
Available Inventory is flat, and Volume up 39%.

Pigeon Forge

54 lots sold in Pigeon Forge during January and September of 2019.
51 lots sold during January and August of 2018.
Sales are up 6%.
Average price has increased by 41% and is up by $17,000.
Average price is $60,047.
Available Inventory is down 18%, and Volume up by 50%.

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