Sevier County, TN Real Estate Trends – October 2019

Sevier County Market Report for Homes October 2019

 

Sevier County Homes

1803 homes sold in Sevier County during January and October of 2019.
1785 homes sold during January and October of 2018.
Sales are up 1%.
Average price has increased by 11% and is up by $27,000.
Average price is $285,253.
Available Inventory is down 5%, and Volume up by 12%.

Gatlinburg

282 homes sold in Gatlinburg during January and October of 2019.
291 homes sold during January and October of 2018.
Sales are down by 3%.
Average price has increased by 17% and is up by $44,000.
Average price is $298,910.
Available Inventory is down 7%, and Volume is up 14%.

Pigeon Forge

305 homes sold in Pigeon Forge during January and October of 2019.
335 homes sold during January and October of 2018.
Sales are down by 9%.
Average price has increased by 18% and is up by $52,000.
Average price is $339,830.
Available Inventory is down 4%, and Volume up by 8%.
*7 homes have been sold for over $1M in Pigeon Forge this year.

Sevierville

549 homes sold in Sevierville during January and October of 2019.
537 homes sold during January and October of 2018.
Sales are up by 2%.
Average price is up by 2%.
Average price is $257,512.
Available Inventory is down 2%,  and Volume up 4%.

Wears Valley

100 homes sold in Wears Valley during January and October of 2019.
121 homes sold during January and October of 2018.
Sales are down by 17%.
Average price has increased by 15% and is up by $46,000.
Average price is $355,794.
Available Inventory is down 7%, and Volume down by 5%.

Douglas Lake

57 homes sold on Douglas Lake during January and October of 2019.
52 homes sold during January and October of 2018.
Sales are up 10%.
Average price has increased by 15% and is up by $44,000.
Average price is $337,514.
Available Inventory is down 5%, and Volume up 26%

 

 

Sevier County Market Report for Homes October 2019

 

Sevier County Lots

570 lots sold in Sevier County during January and October of 2019.
456 lots sold during January and October of 2018.
Sales are up by 25%.
Average price has increased by 21% and is up by $11,000.
Average price is $63,890.
Available Inventory is down 8%, but Volume up by 51%.

Gatlinburg

142 lots sold in Gatlinburg during January and October of 2019.
87 lots sold during January and October of 2018.
Sales are up by 63%.
Average price has increased by 27% and is up by $11,000.
Average price is $53,873.
Available Inventory is down 1%, and Volume up by 108%.

Chalet Village

45 lots sold in Chalet Village during January and October of 2019.
36 lots sold during January and October of 2018.
Sales are up by 25%.
Average price is up by 19% and is up by $9,000.
Average price is $59,338.
Available Inventory is up 3%, and Volume up 49%.

Pigeon Forge

69 lots sold in Pigeon Forge during January and September of 2019.
51 lots sold during January and October of 2018.
Sales are up 35%.
Average price has increased by 46% and is up by $19,000.
Average price is $61,926.
Available Inventory is down 15%, and Volume up by 97%.

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