So far in the year 2014, we have seen both the national and local real estate markets showing slow, but steady, growth on the whole in many real estate market categories, especially with respect to home prices. As we look at the statistics for the Great Smoky Mountain real estate market through May of 2014, we will see that these trends, particularly in the Great Smoky Mountain real estate market, continue to reflect the same slow, but steady, growth that we are seeing nationally. Let’s now see what the numbers have to say for May of 2014.

In the category of Residences Sold, we see that in comparing May 2014 to that of May 2013, the number of residences sold increased by 3% in terms of homes being sold, in that 39 more homes were sold as of the end of May 2014, as opposed to May 2013, which is unchanged from last month, reflecting the same percentage and number of Residences Sold. This demonstrates a trend of steadiness, as well as gradual growth, in the real estate market as a whole, and as we look at the rest of the statistics, we will see that the market does indeed continue to reflect a steady and slowly growing trend for residences sold, which is also happening to a degree on the national level, as well.

In the category of Residential Dollar Volume for the year, we see a largely steady increase of 8% through May 2014, as opposed to that of May 2013, down only slightly from last month, which showed an increase of 9% from April of 2014, as opposed to that of April of 2013. In spite of this, however, the statistics still show a continuation of a slow, but, steadily strengthening real estate market for both the local and national real estate markets, showing greater overall confidence in the market, as well as reflecting the higher home prices that have been happening nationally for over a year now.

There is also continued good news for sellers in the Average Sold Price Category. For May 2014, as compared to that of May 2013, prices still show a largely steady increase of 5%, which is reflective of the recent local and national trends towards gradually higher average home prices, and has remained largely constant for the past year or more. As confidence continues to slowly grow in both the local and national markets, we foresee that the trend of higher home prices will likely continue for the foreseeable future.

In addition, available homes on the market are now actually showing a slight decrease, which was also evident in last month’s statistics, as well. Through May 2014, as opposed to May 2013, the number of available homes did decline by 1%, showing that there was a decrease of 37 homes from this time last year, compared to that of May 2014. This actually is still in line with the latest national real estate trends, which also shows a small decline in available home inventory, as well. While it is too early to say if this trend will continue into the foreseeable future, it does show that available inventory of homes is starting to decline, and certainly continues to bear watching to see if such a trend continues for the market as a whole.

As markets continue these gradual trends of growth locally and across the nation, these statistics are largely expected to remain largely steady at least in the short-term, largely continuing the same continued slow, but steady, strength and growth that has been the case for over the last year or so. Mortgage rates still remain at historically low rates, and there are still plenty of housing options to choose from, especially in the Great Smoky Mountains real estate market. Why not start your Great Smoky Mountains home search today by browsing our Featured Properties, and seeing what the Smoky Mountain area has to offer for you? You can also “Like” us on our Facebook page, or you can browse our team website further, to learn about The Jason White Team! Let us help you make your home ownership dreams a reality today!

Here Are A Few of My Featured Properties:

Private, 6 BD/5 BA Luxurious Chalet in Cobbly Nob w/Spectacular Mtn. Views – Just Reduced! Made nearly $29,000 in rental income in 2013! Very spacious home w/Large Great Rm, Rec Rm, Loft, and more; also close to several community amenities, as well as being only a few mins. from dwtn. Gatlinburg & the Nat’l Park, w/amazing views of Greenbriar Pinnacle & the Smokies. A luxurious home w/luxurious mtn. views! Type: Single-Family Home Location: Gatlinburg, TN Price: $299,900  For more information >

Uniquely Designed, 3 BD/3 BA, w/2 Half BA, Multiple-Level Chalet Only Mins. to Gatlinburg – Just Reduced! Made over $17,000 in rental income in 2013 alone! Fantastic views of Mt. LeConte, Clingman’s Dome, & the Smokies! Each BD has its own private BA; home also has a spacious living rm, sunroom, & separate Recreation Rm. Only mins. to dwtn. Gatlinburg, the Nat’l Park, & w/in walking distance to the community pools, tennis courts, & club house. A very unique home in a great location! Type: Single-Family Home Location: Gatlinburg, TN Price: $204,900  For more information >

Restored, Vintage-Style 2 BD/2 BA Chalet Only Mins. to Gatlinburg – Just Reduced!  Made $20K+ in rental income on average through 2012; was featured on HGTV’s “House Hunters” (Episode #6501). Virutal bird’s eye views of the Great Smoky Mtns., tramway to Ober Gatlinburg, & city lights of dwtn. Gatlinburg; home has all new oak flooring, metal roof, water heater, & much more! Only mins. to dwtn. Gatlinburg & the Nat’l Park; a uniquely built, one-of-a-kind chalet! Type: Single-Family Home Location: Gatlinburg, TN Price: $159,900  For more information >

The Jason White Team
Century 21 Four Seasons Realty, Inc.
1441 Wiley Oakley Drive
Gatlinburg, TN 37738
Toll Free: (877) 678-2121
Fax: (865) 436-7227
E-mail: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com

Through the start of 2014, we have seen both the national and local real estate markets showing slow, but steady, growth on the whole in many real estate market categories, especially within the last 12 months. As we look at the statistics for the Great Smoky Mountain real estate market through April of this year, we will see that these trends, particularly in the Great Smoky Mountain real estate market, continue to remain steady in terms of these trends of real estate growth. Let’s now see what the numbers have to say.

In the category of Residences Sold, we see that in comparing April 2014 to that of April 2013, the number of residences sold actually increased by 3% in terms of homes sold, in that 39 more homes were sold as of the end of April 2014, as opposed to April 2013. This continues a trend of steadiness, as well as gradual growth, in the real estate market as a whole, and as we look at the rest of the statistics, we will see that the market does indeed continue to reflect a steady and slowly growing trend for residences sold, in which we also see somewhat happening on the national level.

In the category of Residential Dollar Volume for the year, we see a largely steady increase of 9% through April 2014, as opposed to that of April 2013. With the steadiness of the increasing numbers as it relates to Residences Sold, as mentioned earlier, this reflects the ongoing local and national trends of increasing home prices, and still continues to demonstrate that a greater dollar volume in homes are in fact being sold, as compared to the same time a year ago. On balance, this still shows a continuation of a steadily strengthening real estate market for both the local and national real estate markets, showing greater confidence on the part of both buyers and sellers.

There is also continued good news for sellers in the Average Sold Price Category. In line with statistics so far for April 2014, as compared to that of April 2013, prices still show a largely steady increase of 6%, which is also reflective of the recent local and national trends towards gradually higher average home prices, which has remained constant for at least the last 12 months. As confidence continues to slowly grow between potential buyers and sellers in the market as a whole, we foresee that the trend of higher home prices will likely continue for the foreseeable future.

In addition, available homes on the market are now actually showing a slight decrease. Through April 2014, as opposed to April 2013, the number of available homes actually declined by 1%, showing that there was a marked decrease of 45 homes from this time last year, compared to that of April 2014. This actually is in line with the latest national real estate trends, which also shows a decline in available home inventory, as well. While it is too early to say if this trend will continue, it does show that available inventory of homes is starting to decline, and certainly bears watching to see if such a trend continues.

As markets continue these gradual trends of growth locally and across the nation, these statistics are largely expected to remain largely steady at least in the short-term, showing the same continued slow, but steady, strength and growth that has been the case for the last 12 months. Mortgage rates still remain at historically low rates, and there are still plenty of housing options to choose from, especially in the Great Smoky Mountains real estate market. Why not start your Great Smoky Mountains home search now by visiting our website, browsing our Featured Properties, and seeing what the Smoky Mountain area has to offer for you? You can also “Like” us on our Facebook page, or you can browse our team website further, to learn about The Jason White Team! Let us help you make your home ownership dreams a reality today!

Here Are A Few of My Featured Properties:

Unique, Private Home Only Mins. to Gatlinburg – Just Reduced! 3 BD/1BA, w/spacious screened-in porch, & built-in carport. Very private, heavily wooded, & has own backyard. Unique home at a great price! Type: Single-Family Home Location: Gatlinburg, TN Price: $127,000 For more information >

 
Private, Spacious, 3 BD/2 BA Home in Beautiful Pittman Center! Located in the Gatlinburg Arts & Crafts Community; mins. to dwtn. Gatlinburg & the Nat’l Park! Large living/dining rm, sunroom, 2-car garage, & level parking. Very private! Type: Single-Family Home Location: Gatlinburg, TN Price: $185,500 For more information >

 
Picturesque, Victorian-Style Chalet Only Mins. to Gatlinburg! Made near or above $20K in rental income in last 3 yrs.! 2 BD, w/2 full BA & 2 half BA, & Each BD has in-room W/P & Priv. BA. Amazing views of the Smokies! Unique home & great location! Type: Single-Family Home Location: Gatlinburg, TN Price: $279,000 For more information >

The Jason White Team
Century 21 Four Seasons Realty
1441 Wiley Oakley Dr
Gatlinburg, TN 37738
Toll Free: (877) 678-2121
Fax: (865) 436-7227
Email: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com

Through the start of 2014, we have seen both the national and local real estate markets showing slow, but steady, growth on the whole, especially within the last year or so. As we look at the statistics for the Great Smoky Mountain real estate market through March of this year, we will see that these trends, particularly in the Great Smoky Mountain real estate market, continue to remain steady in terms of these trends of real estate growth. Let’s now see what the numbers have to say.

In the category of Residences Sold, we see that in comparing March 2014 to that of March 2013, the number of residences sold held steady with an increase by 1% in terms of homes sold, in that 14 more homes were sold as of March 2014, as opposed to March 2013. This continues a trend of steadiness, as well as gradual growth, in the real estate market as a whole, and as we look at the rest of the statistics, we will see that the market does indeed continue to reflect a steady and slowly growing trend, reflective of the overall national trends concerning this category.

In the category of Residential Dollar Volume for the year, we see a largely steady increase of 8% through March 2014, as opposed to that of March 2013. With the steadiness of the numbers as it relates to Residences Sold, as mentioned earlier, this reflects local and national trends of increasing home prices, and still continues to demonstrate that a greater dollar volume in homes are being sold, as compared to the same time a year ago. On balance, this still shows a continuation of a steadily strengthening real estate market, showing greater confidence on the part of both buyers and sellers.

There is also continued good news for sellers in the Average Sold Price Category. In line with statistics so far for March 2014, as compared to that of March 2013, prices still show a largely steady increase of 7%, which is reflective of the recent local and national trends towards gradually higher home prices, which has remained constant for at least the last year or more. As confidence continues to grow between potential buyers and sellers in the market as a whole, we foresee that the trend of higher home prices will likely continue for the foreseeable future.

In addition, available homes on the market are actually showing a slight, albeit nominal, increase. Through March 2014, as opposed to March 2014, while the number of homes being listed as available on the market is relatively unchanged, there was a increase of 5 homes from March 2013 to that of March 2014. This shows that the number of available homes currently in the market have remained relatively unchanged, and even show a minimal increase, as we head into April 2014. This shows a possible leveling off of any sudden increases and/or decreases in the available inventory of real estate, indicating a possible greater market stability for numbers of available homes. While too early to tell if this will continue as such, it does show a gradual process by which greater stability is possible, at least in this category.

As markets continue these gradual trends of growth locally and across the nation, these statistics are largely expected to remain largely steady at least in the short-term, showing the same continued slow, but steady, strength and growth that has been the case for the last few months. Mortgage rates still remain at historically low rates, and there are still plenty of housing options to choose from, especially in the Great Smoky Mountain real estate market. Why not start your Great Smoky Mountain home search now by visiting our website, browsing our Featured Properties, and seeing what the Smoky Mountain area has to offer for you? You can also “Like” us on our Facebook page, or you can browse our team website further, to learn about The Jason White Team! Let us help you make your home ownership dreams a reality today!

Here Are A Few of My Featured Properties:

Unique, Private Home Located Only Mins. to Gatlinburg! 3 BD/1BA, w/spacious screened-in porch, & built-in carport underneath. Exterior made of California Redwood, & Western Cedar on the interior. Very private, heavily wooded, & has own backyard. Unique home at a great price! Type: Single-Family Home Location: Gatlinburg, TN Price: $139,900  For more information >

Authentic Log Home w/Fantastic 180-Degree Views of Mt. LeConte & Smokies! Made $58,000+ in rental income in last 2 yrs. alone! Has split bedroom/bath suites for privacy & conscience. Has 2 deck levels, along w/level parking. Close to dwtn. Gatlinburg, but very private! Type: Single-Family Home Location: Gatlinburg, TN Price: $479,900  For more information >

Pristine 12 Acre Estate w/Majestic Mtn. Views & Close to Gatlinburg! Amazing property, w/unlimited potential as a residence, rental, or retreat center! Very spacious, & borders the Nat’l Park, creating your own 530,000 acre backyard! You’ll never find another unique property like this! Type: Single-Family Home Location: Gatlinburg, TN Price: $697,000  For more information >

The Jason White Team
Century 21 Four Seasons Realty
1441 Wiley Oakley Dr
Gatlinburg, TN 37738
Toll Free: (877) 678-2121
Fax: (865) 436-7227
Email: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com