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 

 

2017 Year End Market Statistics for Sevier County, TN

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

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.