Sevier County Market Statistics for March 2019

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March 2019 Residential Market Statistics for Sevier County, TN

 

Sevier County Homes

464 homes sold in Sevier County from January to March of 2019.
486 homes sold from January to March of 2018.
Sales are down 5%.
Average price has increased by 15% and is up by $36,000.
Average price is $274,582.
Available Inventory is down 12%, and Volume up by 10%.

 

Gatlinburg

65 homes sold in Gatlinburg from January to March of 2019.
87 homes sold from January to March of 2018.
Sales are down by 25%.
Average price has increased by 23% and is up by $50,000.
Average price is $274,277.
Available Inventory is down 25%, and Volume is down 8%.

 

Pigeon Forge

90 homes sold in Pigeon Forge from January to March of 2019.
100 homes sold from January to March of 2018.
Sales are down by 10%.
Average price has increased by 26% and is up by $70,000.
Average price is $341,226.
Available Inventory is down 19%, and Volume up by 13%.

 

Sevierville

147 homes sold in Sevierville from January to March of 2019.
150 homes sold from January to March of 2018.
Sales are down by 2%.
Average price is flat.
Average price is $240,738.
Available Inventory is down 9%,  and Volume down by 2%.

 

Wears Valley

26 homes sold in Wears Valley from January to March of 2019.
27 homes sold from January to March of 2018.
Sales are down by 4%.
Average price has increased by 32% and is up by $88,000.
Average price is $365,242.
Available Inventory is down 18%, and Volume is up by 27%.

Douglas Lake

12 homes sold on Douglas Lake from January to March of 2019.
11 homes sold from January to March of 2018.
Sales are up 9%.
Average price has increased by 82% and is up by $139,000.
Average price is $310,241.
Available Inventory is flat, and Volume up 99%

 

 

March 2019 - Land Real Estate Market Statistics for Sevier County, TN
March 2019 – Land Real Estate Market Statistics for Sevier County, TN

 

Sevier County Lots

139 lots sold in Sevier County from January to March of 2019.
137 lots sold from January to March of 2018.
Sales are up by 1%.
Average price has increased by 16% and is up by $8,000.
Average price is $59,851.
Available Inventory is down 10%, but Volume up by 18%.

Gatlinburg

40 lots sold in Gatlinburg from January to March of 2019.
21 lots sold from January to March of 2018.
Sales are up by 90%.
Average price has increased by 35% and is up by $14,000.
Average price is $56,565.
Available Inventory is up by 1%, and Volume up by 157%.

 

Chalet Village

13 lots sold in Chalet Village from January to March of 2019.
13 lots sold from January to March of 2018.
Sales are flat.
Average price is down by 12% and is down by $5,000.
Average price is $44,573.
Available Inventory is down 26%, and Volume is down 12%.

 

Pigeon Forge

17 lots sold in Pigeon Forge from January to March of 2019.
11 lots sold from January to March of 2018.
Sales are up 55%.
Average price has decreased by 44% and down by $20,000.
Average price is $25,494.
Available Inventory is down 18%, and Volume down by 14%.

2018 Year End Market Statistics for Sevier County, TN

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Days on market ranged from 115 to 159 this year. DOM peaked in February at 159 days and fell to 115 by December for a reduction of 38%. 

Average Days on Market in 2018

 

Average List Price was lowest in January and rose until October. From 254,745 in January to $284,634 in October. A rise of 11% and a $30,000 change. A dip from October, at $284,634, to December, at $278,832.

Average Sale Price was lowest in January and rose until October. From $242,745 in January to $278,531 in October. A rise of 14% and a $35,000 change.

List to Sale Price in 2018

 

List to sale price ranged from 95.3% to 96.3% this year. List to sale price peaked in November to 96.4%, and was the lowest at 95.3% in January. 

List to Sale Price Ratio in 2018

2017 Year End Market Statistics for Sevier County, TN

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Days on market ranged from 191 to 146 this year. DOM peaked in March at 191 days and fell to 146 by November for a reduction of 23%.

List to Sale Price Ratio in 2017

 

Average List Price was lowest in January and rose until December, with a slight dip in August and September. From $226,192 in January to $248,656 in July, followed by a dip to $242,361 in August with a continual rise until December to $252,833. A rise of 11% and a $26,000 change. 

Average Sale Price was lowest in January and rose until December, with a slight dip in August and September. From $215,541 in January to $237,767 in July, followed by a dip to $232,212 in August with a continual rise until December to $241,432. A rise of 10% and a $22,000 change. 

List to Sale Price in 2017

 

List to sale price ranged from 93.4% to 96.1% this year. List to sale price peaked in September to 96.1%, and was the lowest at 93.4% in February. 

Average Days on Market in 2017

2016 Year End Market Statistics for Sevier County, TN

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Days on market ranged from 224 to 166 this year. DOM peaked in May at 224 days and fell to 166 days in December. Days on Market rose from March to May, and then began to decrease. 

Days on Market in 2106

 

Average List Price was lowest in January and rose until November, with a dip in June. From $206,872 in January to $226,191 in November. A rise of 9% and a $20,000 change. Average Sale Price was lowest in January and rose until November. From $195,365 in January to $226,191 in November. A rise of 15% and a $31,000 change.

List to Sale Price in 2016

 

List to sale ratio ranged from 94.4% to 95.9% this year. List to sale ratio peaked in November and December to 95.9%, and was the lowest at 94.4% in January and February. 

List to Sale Price Ratio in 2016

2015 Year End Market Statistics for Sevier County, TN

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Days on market ranged from 215 to 192 this year. Days on Market rose from January to April, and then decreased from May to November, followed by an increase in December. Days on market peaked in April at 215 days and fell to 186 in November.

Days on Market 2015
Average Days on Market in 2015

 

Average List Price was lowest in January and rose until June, there was a decrease from July to October, with an increase in November and December. From $192,370 in January to $207,879 in June, with a decrease to $203,611 in October, and an increase to $205,853 in December. A rise of 8% and a $15,000 span.

Average Sale Price was lowest in January and rose until July, there was a decrease from August to October, with an increase in November and December. From $180,639 in January to $194,604 in July, with a decrease to $192,786 in October, and an increase to $194,236 in December. A rise of 7% and a $13,000 span.

Average List to Sale Price in 2015

 

List to sale price ration ranged from 93.3% to 94.7% this year. List to sale price ratio peaked in October to 94.7%, and was the lowest at 93.3% in April. 

List to Sale price ratio in 2015.