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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Sevier County Market Report – June 2018

Sevier County Market Report

Sevier County Market Report

 

Sevier County

998 homes sold in Sevier County from January to June of 2018. 1120 homes sold in 2017. Sales are down 11%.

Average price has increase by 7% and is up by $15,000. Average price is $245,574.

Available Inventory is down 17%, but Volume only down by 5%.

 

Gatlinburg

177 homes sold in Gatlinburg from January to June of 2018. 169 homes sold in 2017. Sales are up 5%.

Average price has increase by 10% and is up by $22,000. Average price is $247,943.

Available Inventory is down 1%, but Volume up by 15%.

 

Pigeon Forge

192 homes sold in Pigeon Forge from January to June of 2018. 206 homes sold in 2017. Sales are down 7%.

Average price has increase by 9% and is up by $20,000. Average price is $261,637.

Available Inventory is down 23%, but Volume up by 1%.

 

Sevierville

301 homes sold in Sevierville from January to June of 2018. 328 homes sold in 2017. Sales are down 8%.

Average price has increase by 11% and is up by $24,000. Average price is $243,382.

Available Inventory is down 18%, but Volume up by 2%.

 

Wears Valley

61 homes sold in Wears Valley from January to June of 2018. 83 homes sold in 2017. Sales are down 27%.

Average price has increase by 10% and is up by $27,000. Average price is $291,193.

Available Inventory is down 32%, and Volume down by 19%.

 

Seymour

75 homes sold in Seymour from January to June of 2018. 74 homes sold in 2017. Sales are up 1%.

Average price has increase by 10% and is up by $18,000. Average price is $211,113.

Available Inventory is even, and Volume up by 11%

 

Previous market reports can be found here.

Drop a comment below if you enjoy having the statistical data from the Sevier County Market Report laid out in this easy to read fashion!

 

Market Report for the Smoky Mountains

 

 

482 Honey Oaks Way
Sevierville, TN   37876
$259,900.  ID#: 215303

Cozy, well-built 2BD/3 BA 1600 sq. ft. log cabin.  Panoramic views of Bluff Mountain from this property, which sits on just over 1 1/2 acres.  Currently on rental program.  More info

 

 

1130 Ski View Dr, Unit#113.
Gatlinburg, TN 37738
$152,900.  ID#: 215302

2 BD/2 BA, 1,400+ sq. ft, condominium located in the Windswept Condominium Complex.  Community pool and picnic area.  Views of the Smokies and Mt. Leconte and is only minutes away from downtown Gatlinburg.  More info

Smoky Mountain Market Report 3-1-2018

 

Featured Properties:

Country living close to city life- the best of both worlds!

$419,900  ID# 214632

3 BD/2.5 BA, 4,600+ sq ft country ranch home in Wears Valley.  Ideal as a permanent, 2nd home, or rental property.  Over 5 acres of beautiful private property with a mountain stream.  More info

 

Stunning Views!

2 BD/2 BA, 1,600+ sq. ft. log cabin w/ some of the most amazing eye popping views of the Smokies, Dollywood, Bluff Mountain & Pigeon Forge lights that you will see in our area. Income around $52K annually.  More info

Market Report for the Smoky Mountains

 

Featured Listing:

This cozy cabin won’t last long.  Great price, great cabin!

Cozy 1 BD/1 BA log cabin, located in Wears Valley.  Beautiful wooded location, along with mtn. views, large studio-style great room, complete w/high, vaulted ceilings, F/P, kitchen area, dining area, living room area, in-room whirlpool, & master BD, private master BA, which includes utility room.  Has a front & rear porch/deck and hot tub. Great little vacation home or rental.  Made 20K last year.   More info 

 

Market Report for the Smoky Mountains

 

 

Featured Properties

Price Reductions

$456,800    ID#: 212271

Architectural gem of 5000+ sq ft, 4 BD & 3 BA amidst a beautiful, centrally located neighborhood. Mountain views.   More info

 

 

Spacious, 3 BD/2 BA contemporary-style mountain chalet, complete w/an attached 2-car carport.  Only mins. to dwtn. Gatlinburg, the Nat’l Park, & much more.   More info

The Great Smoky Mountains real estate market sees steady growth

 

 

Featured Properties:

1536 Zurich Gatlinburg, TN

$215,000 ID# 208705

Well-located, 3 BD/2 BA, 1,600+ sq ft mtn. chalet w/amazing mtn. & City views, located only mins. to dwtn. Gatlinburg. Ideal as a permanent or 2nd home, or as an overnight rental – has great potential as a rental.

 

 

1155 Upper Alpine Way Unit 802  Gatlinburg, TN   

  $130,000   ID#: 212013

High quality, 2 BD/2 BA, nearly 1,100 sq ft condo, made of solid, masonry construction. Great location inside the city limits of Gatlinburg, & only about a mile from Over Gatlinburg Ski resort.