Sevier County, TN Real Estate Market Movement During September 2020

Below is information about our market’s movement during the month of September. Notice that average price continues to increase, +28% for single family homes and is flat for land, while we continue to decline in inventory.

“Pending home sales continued with upward momentum in August. According to the National Association of REALTORS® (NAR), pending home sales for the month marked four consecutive months of growth, with gains across all major regions in both month-over-month and year-over-year transactions.

NAR’s Pending Home Sales Index (PHSI) rose 8.8 percent to 132.8 in August, with YoY contract signings increasing 24.2 percent.”

You can read the full National Association of REALTORS® (NAR) article here. 

Prices are high and inventory is low, if you are think now might be the time to sell we’d love to help you determine the value of your property.

 

Residential

September 2020 Residential Real Estate Market Statistics
September 2020 Residential Real Estate Market Statistics

 

Year to Date Real Estate Market Statistics
Year to Date Real Estate Market Statistics

 

Land

September 2020 Residential Real Estate Market Statistics
September 2020 Residential Real Estate Market Statistics

 

Year to Date Residential Real Estate Market Statistics
Year to Date Residential Real Estate Market Statistics
Spread the love