The Great Smoky Mountains Real Estate Market Continues Steady Growth Through The End of 2015

buyersroad-300x286

 

For over the last few months, the local & national real estate markets have reflected a gradual and steady growth in several key real estate market categories. As we look at the statistics for the Great Smoky Mountains real estate market through December of 2015 and the end of 2015 itself, we will see that such local & national trends, particularly in the Great Smoky Mountains real estate market, continue to reflect these very same trends of gradual growth that we also see nationally, and have seen for some time now. Let’s now see what the numbers have to say for December of 2015, as compared to those one year ago, in December of 2014.

 

In the category of Residences Sold, we see that in comparing December of 2015 to that of December of 2014, the number of residences sold increased by 17% in terms of homes being sold, as there were 250 more homes that were sold as of the end of December of 2015, as opposed to December of 2014. This figure shows a very robust growth through December 2015, as opposed to one year ago, and is in line with the growth rate in this very same category for last month, as well. We will see if this trend continues with future statistics in this category, but it does show a strong result for residential sales on the whole, as well as continued growth.

 

GRAPH 1 - DECEMBER RESIDENCES SOLD

 

In the category of Residential Dollar Volume from December of 2015, as opposed to December of 2014, we see an increase of 24% in terms of dollar volume through December of 2015, as compared to December of 2014. This category does show a continued high percentage from year-to-year, showing that there is continued, strong growth in this category, as compared to that of 2014 for the same month, with this statistic showing one of the largest increases, if not the largest, in this category to date. This continues to show a continued local, as well as national, trend of relatively steady, stable, and even robust growth in terms of this category, as well, and also continues to reflect the consistently higher home prices that have been taking place for over the last eighteen months now on a national scale.

 

GRAPH 2 - DECEMBER RESIDENTIAL DOLLAR VOLUME

 

There is also continued good news for sellers in the Average Sold Price Category. For December of 2015, as compared to that of December of 2014, average sold prices show an increase of 6%, which continues to show steady and consistent strength in this category on average, as well as remaining constant from that of last month, reflecting a stronger local market in this category. As confidence continues to grow in both the local and national markets, we foresee that this relatively steady and upward trend of higher home prices will likely continue for at least the short-term horizon, if not longer.

 

GRAPH 3 - DECEMBER AVERAGE SOLD PRICE

 

In addition, available homes on the market are continuing to show a trend of steady decreases, which has also occurred over the last several months, as well. Through December of 2015, as opposed to December of 2014, the number of available homes did decline by 4%, or reflecting a numerical decrease of 195 homes in terms of available inventory. This decline continues to show a marked decrease in terms of available inventory in the local market, while not as steep as prior months, and still reflects a continued decline in available inventory on the whole here in the local market, which has been occurring now for the last several months. This is largely in line with the latest national real estate trends, which also shows a gradual decline in available home inventory as a whole. This may foretell that with declining inventory, the local market is showing movement towards more people wanting to buy the available properties currently in the local market, and that with higher home prices, more people may feel a greater sense of confidence in placing their homes for sale on the market, along with greater interest in buying what inventory is currently available, as well. We will keep watching to see if this particular trend continues, and see what it does for the real estate market as a whole, both here locally, as well as nationally.

 

GRAPH 4 - DECEMBER AVAILABLE INVENTORY

 

As the markets continue these gradual trends of growth locally and nationally, these statistics are largely expected to remain largely steady at least for the short-term, largely continuing the same continued gradual, but steady, growth that has been seen now for over the last few months, and is largely expected to continue into the new year of 2016. 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 many great Featured Properties, and see what the Smokies area have to offer for you today? You can also learn more about The Jason White Team, and see how we can help you make your home ownership dreams a reality today!

 

 

Our Featured Properties for Thursday, January 7, 2016: 

 

 

FEATURED PROPERTY!

AWell-Maintained, Spacious, 3 BD/2 BA Condo Located Only Mins. to Dwtn. Gatlinburg. Ideal as a permanent or 2nd home; has great view of Mt. LeConte & the Smokies. Condo includes a Large Living Rm, open Dining Rm, Full Kitchen, a spacious Sunroom to enjoy the mtn. views, and much more. Nestled in a very well-maintained condo complex; also includes a covered, accessible parking space, as well as lots of extra guest parking. Only mins. to dwtn. Gatlinburg, the Nat’l Park, nearby local schools, and the attractions. A great location & value – come see it today! Type: Condominium Location: Gatlinburg, TN Price: $239,900  For more information >

 

 

 

 

FEATURED PROPERTY!

20150908154205507062000000-oUniquely-Designed, Cozy, 3 BD/2 BA Chalet Located in Chalet Village. Ideal as a permanent or 2nd home, or as an overnight rental. This uniquely-built home includes a Living Rm, Open Kitchen, an upstairs Loft w/Master BD & BA, a lower level Family Rm, &  more, along w/being set in a scenic wooded setting. Only mins. to dwtn. Gatlinburg, Pigeon Forge, & the attractions; a great location & value – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $149,900  For more information >

 

 

 

 

 

FEATURED PROPERTY!

GSMAOR194909-300x194Spacious, 2 BD/2 BA Condo Located Only Mins. to Gatlinburg. Ideal as a permanent or 2nd home. This condo has a practical floor plan, including a Great Rm, open Kitchen, Master Suite, & more, along with a patio, & access to the many amenities of a well-established complex, including outdoor storage, community pool, & more. Only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions, & located adj. to  the Gatlinburg Arts & Crafts District. A great condo & value – come see it today! Type: Condominium Location: Gatlinburg, TN Price: $108,000  For more information >

 

 

 

 

 

photo_medium

 

 

 

 

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 Address: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com

The Great Smoky Mountains Real Estate Market Continues to Grow Steadily Through November 2015

buyersroad-300x286

 

For over the last eighteen months or so, the local & national real estate markets have reflected a gradual and steady growth in several key real estate market categories. As we look at the statistics for the Great Smoky Mountains real estate market through November of 2015, we will see that such local & national trends, particularly in the Great Smoky Mountains real estate market, continue to reflect these very same trends of gradual growth that we also see nationally, and have seen for some time now. Let’s now see what the numbers have to say for November of 2015, as compared to those one year ago, in November of 2014.

 

In the category of Residences Sold, we see that in comparing November of 2015 to that of November of 2014, the number of residences sold increased by 16% in terms of homes being sold, as there were 230 more homes that were sold as of the end of November of 2015, as opposed to November of 2014. This figure shows a very robust growth through November 2015, as opposed to one year ago, and does show a near doubling of last month’s rate in this same category. We will see if this trend continues with future statistics in this category, but it does show a strong result for residential sales on the whole, as well as continued growth.

 

December Graph 1

 

In the category of Residential Dollar Volume from November of 2015, as opposed to November of 2014, we see an increase of 23% in terms of dollar volume through November of 2015, as compared to November of 2014. This category does show a continued high percentage from year-to-year, showing that there is continued, strong growth in this category, as compared to that of 2014 for the same month, with this statistic showing one of the largest increases, if not the largest, in this category to date. This continues to show a continued local, as well as national, trend of relatively steady, stable, and even robust growth in terms of this category, as well, and also continues to reflect the consistently higher home prices that have been taking place for over the last eighteen months now on a national scale.

 

December Graph 2

 

There is also continued good news for sellers in the Average Sold Price Category. For November of 2015, as compared to that of November of 2014, average sold prices show an increase of 6%, which continues to show steady and consistent strength in this category on average, reflecting a stronger local market in this category. As confidence continues to grow in both the local and national markets, we foresee that this relatively steady and upward trend of higher home prices will likely continue for at least the short-term horizon, if not longer.

 

December Graph 3

 

In addition, available homes on the market are continuing to show a trend of steady decreases, which has also occurred over the last several months, as well. Through November of 2015, as opposed to November of 2014, the number of available homes did decline by 5%, or reflecting a numerical decrease of 242 homes in terms of available inventory. This decline shows a marked decrease in terms of available inventory in the local market, and still reflects a continued decline in available inventory on the whole here in the local market, which has been occurring now for the last several months. This is largely in line with the latest national real estate trends, which also shows a gradual decline in available home inventory as a whole. This may foretell that with declining inventory, the local market is showing movement towards more people wanting to buy the available properties currently in the local market, and that with higher home prices, more people may feel a greater sense of confidence in placing their homes for sale on the market, along with greater interest in buying what inventory is currently available, as well. We will keep watching to see if this particular trend continues, and see what it does for the real estate market as a whole, both here locally, as well as nationally.

 

December Graph 4

 

As the markets continue these gradual trends of growth locally and nationally, these statistics are largely expected to remain largely steady at least for the short-term, largely continuing the same continued gradual, but steady, growth that has been seen now for over the last few months, and is largely expected to continue through the remainder of 2015, along with possibly into 2016, as well. 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 see what the Smokies area have to offer for you today? You can also learn more about The Jason White Team, and see how we can help you make your home ownership dreams a reality today!

 

 

Our Featured Properties for Thursday, December 3, 2015: 

 

 

NEW LISTING!

ALuxurious, Spacious, 4 BD/3 BA/2 Half BA Mountain Chalet Only Mins. to Gatlinburg. Has made over $56K in rental income in 2014 alone; has tremendous rental potential. This home includes a Large Great Rm, a full Kitchen, a Large Lower Lvl Rec Rm, a private 2nd lower level Theatre Rm, a private Master BD w/in-room W/P & Private Bath, great views of the Smokies & Mt. LeConte, & much more. Has easy access to City-maintained roads & services, & only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions. A great home & location – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $475,000  For more information >

 

 

 

 

FEATURED PROPERTY!

AWell-Built, 2 BD/2 BA Log-Style Home Located Only Mins. to Dwtn. Gatlinburg. Made over $16K in rental income for 2013, & made nearly $26K in rental income for 2014; has great rental potential. This home is w/in easy walking dist. to nearby area schools, Mills Park, City Trolley stops, & Rocky Top Sports World. Home incl. a Large Living/Dining Rm, Full Kitchen, each BD having its own Private BA & Closet, spacious Loft, & more. Relatively private, but also close to Gatlinburg’s many attractions. A great location & value – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $219,900  For more information >

 

 

 

 

FEATURED PROPERTY!

APrivate, 3 BD/3 BA, Contemporary Chalet Near Ober Gatlinburg w/Spectacular Mtn. Views. Made near or above $17K consistently in rental income in each of the last 3 years; has great rental potential. Home incl. a Large Lower Level Recreation Rm/Den area, Large Living/Dining Rm, 2 decks, & level parking, & much more. Also only mins. to dwtn. Gatlinburg, Ober Gatlinburg, the Nat’l Park, & the attractions, all w/great mtn. views & in a great location – a must see! Type: Single-Family Home Location: Gatlinburg, TN Price: $169,900  For more information >

 

 

 

 

 

photo_medium

 

 

 

 

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 Address: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com

The Great Smoky Mountains Real Estate Market Remains Steady Through October 2015

buyersroad-300x286

 

For over the last eighteen months or so, the local & national real estate markets have reflected a gradual and steady growth in several key real estate market categories. As we look at the statistics for the Great Smoky Mountains real estate market through October of 2015, we will see that such local & national trends, particularly in the Great Smoky Mountains real estate market, continue to reflect these very same trends of gradual growth that we also see nationally, and have seen for some time now. Let’s now see what the numbers have to say for October of 2015, as compared to those one year ago, in October of 2014.

 

In the category of Residences Sold, we see that in comparing October of 2015 to that of October of 2014, the number of residences sold increased by 7% in terms of homes being sold, as there were 84 more homes that were sold as of the end of October of 2015, as opposed to October of 2014. This figure, while not as robust as the previous month in this category, still represents a continued upward trend for residential sales, as compared to a year ago, in 2014 for the same month. On the whole, this shows continued and sustained strength in this category for the local market.

 

November Graph 1

 

In the category of Residential Dollar Volume from October of 2015, as opposed to October of 2014, we see an increase of 14% in terms of dollar volume through October of 2015, as compared to October of 2014. This category does show a continued high percentage from year-to-year, showing that there is continued, strong growth in this category, as compared to that of 2014 for the same month. This continues to show a continued local, as well as national, trend of relatively steady, stable, and even robust growth in terms of this category, as well, and also continues to reflect the consistently higher home prices that have been taking place for over the last eighteen months now on a national scale.

 

November Graph 2

 

There is also continued good news for sellers in the Average Sold Price Category. For October of 2015, as compared to that of October of 2014, average sold prices show an increase of 7%, which continues to show steady and consistent strength in this category on average, reflecting a stronger local market in this category. As confidence continues to grow in both the local and national markets, we foresee that this relatively steady and upward trend of higher home prices will likely continue for at least the short-term horizon, if not longer.

 

November Graph 3

 

In addition, available homes on the market are continuing to show a trend of steady decreases, which has also occurred over the last several months, as well. Through October of 2015, as opposed to October of 2014, the number of available homes did decline by 9%, or reflecting a numerical decrease of 414 homes in terms of available inventory. This decline shows a marked decrease in terms of available inventory in the local market, and represents one of the largest declines in this category to date, but still generally reflects a continued decline in available inventory on the whole here in the local market, which has been occurring now for the last several months. This is largely in line with the latest national real estate trends, which also shows a gradual decline in available home inventory as a whole. This may foretell that with declining inventory, the local market is beginning to show some possible movement towards more people possibly wanting to buy the many available properties currently in the local market, and that with higher home prices, more people may start to feel a greater sense of confidence in placing their homes for sale on the market, along with greater interest in buying what inventory is currently available, as well. We will continue watching to see if this particular trend continues, and see what it does for the real estate market as a whole, both here locally, as well as nationally.

 

November Graph 4

 

As the markets continue these gradual trends of growth locally and nationally, these statistics are largely expected to remain largely steady at least for the short-term, largely continuing the same continued gradual, but steady, growth that has been seen now for over the last few months, and is largely expected to continue through the remainder of 2015. 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 see what the Smokies area have to offer for you today? You can also learn more about The Jason White Team, and see how we can help you make your home ownership dreams a reality today!

 

 

Our Featured Properties for Thursday, November 5, 2015: 

 

 

NEW LISTING!

AWell-Maintained, Spacious, 3 BD/2 BA Condo Located Only Mins. to Dwtn. Gatlinburg. Ideal as a permanent or 2nd home; has great view of Mt. LeConte & the Smokies. Condo includes a Large Living Rm, open Dining Rm, Full Kitchen, a spacious Sunroom to enjoy the mtn. views, and much more. Nestled in a very well-maintained condo complex; also includes a covered, accessible parking space, as well as lots of extra guest parking. Only mins. to dwtn. Gatlinburg, the Nat’l Park, nearby local schools, and the attractions. A great location & value – come see it today! Type: Condominium Location: Gatlinburg, TN Price: $239,900  For more information >

 

 

 

 

JUST REDUCED!

APrivate, Well-Built, 4 BD/3 BA Chalet Located Only Mins. to Gatlinburg. Has made over $38K in rental income in each of the last 2 years alone; has great rental potential. Home includes a Spacious Living Rm, a combined Kitchen/Dining Rm, a spacious Loft that includes an Open Recreation Rm w/pool table, great views of the Smokies, and much more. Located only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions, along with being only 1/2 mi. of the Chalet Village Owner’s Club. A great location & mountain chalet – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $245,000  For more information >

 

 

 

 

FEATURED PROPERTY!

APrivate, Spacious, 4 BD/4 BA Country-Style Chalet Located in Gatlinburg’s Arts & Crafts Community. Has made over $26K in rental income in each of the last 2 years alone; has great rental potential. This home offers a great degree of privacy, while only being mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions. Home includes a Large Great Rm, a spacious Loft, a Large Recreation Rm/Den, a covered front porch, & much more. A very private home in a great location – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $239,900  For more information >

 

 

 

 

photo_medium

 

 

 

 

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 Address: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com

The Great Smoky Mountains Real Estate Market Continues Steady Growth Through September 2015

buyersroad-300x286

 

For over the last eighteen months or so, the local & national real estate markets have reflected a gradual and steady growth in several key real estate market categories. As we look at the statistics for the Great Smoky Mountains real estate market through September of 2015, we will see that such local & national trends, particularly in the Great Smoky Mountains real estate market, continue to reflect these very same trends of gradual growth that we also see nationally, and have seen for some time now. Let’s now see what the numbers have to say for September of 2015, as compared to those one year ago, in September of 2014.

 

In the category of Residences Sold, we see that in comparing September of 2015 to that of September of 2014, the number of residences sold increased by 15% in terms of homes being sold, as there were 215 more homes that were sold as of the end of September of 2015, as opposed to September of 2014. This figure is actually one of the largest, if not the largest, increase in sales seen so far this year, when comparing a month in this year (2015), as opposed to the previous year (2014) in the same calendar month. Quite an increase, for sure, when comparing September 2015, to that of the year before, in September 2014 – all of which shows a continued strength in this particular real estate category.

 

SEPT 2015 - GRAPH 1

 

In the category of Residential Dollar Volume from September of 2015, as opposed to September of 2014, we see an increase of 22% in terms of dollar volume through September of 2015, as compared to September of 2014. This category does show a very high percentage from year-to-year, showing that there is continued, strong growth in this category, along with reflecting the strongest growth year-to-year so far to date in 2015, as compared to that of 2014. This continues to show a continued local, as well as national, trend of relatively steady, stable, and even robust growth in terms of this category, as well, and also continues to reflect the consistently higher home prices that have been taking place for over the last eighteen months now on a national scale.

 

SEPT 2015 - GRAPH 2

 

There is also continued good news for sellers in the Average Sold Price Category. For September of 2015, as compared to that of September of 2014, average sold prices show an increase of 6%, which continues to show steady and consistent strength in this category on average, reflecting a stronger local market in this category, despite a slight decline in this category from that of the previous month. As confidence continues to grow in both the local and national markets, we foresee that this relatively steady trend of higher home prices will likely continue for at least the short-term horizon, if not longer.

 

SEPT 2015 - GRAPH 3

 

In addition, available homes on the market are continuing to show a trend of steady decreases, which has also occurred over the last several months, as well. Through September of 2015, as opposed to September of 2014, the number of available homes did decline by 4%, or reflecting a numerical decrease of 199 homes in terms of available inventory. This decline is not as steep as the previous month, but still reflects a continued decline in available inventory on the whole here in the local market, which has been occurring now for the last several months. This is largely in line with the latest national real estate trends, which also shows a gradual decline in available home inventory as a whole. This may foretell that with declining inventory, the local market is beginning to show some possible movement towards more people possibly wanting to buy the many available properties currently in the local market, and that with higher home prices, more people may start to feel a greater sense of confidence in placing their homes for sale on the market. We will continue watching to see if this particular trend continues, and see what it does for the real estate market as a whole, both here locally, as well as nationally.

 

SEPT 2015 - GRAPH 4

 

As the markets continue these gradual trends of growth locally and nationally, these statistics are largely expected to remain largely steady at least for the short-term, largely continuing the same continued gradual, but steady, growth that has been seen now for over the last few months, and is largely expected to continue through the remainder of 2015. 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 see what the Smokies area have to offer for you today? You can also learn more about The Jason White Team, and see how we can help you make your home ownership dreams a reality today!

 

 

Our Featured Properties for Thursday, October 8, 2015: 

 

 

JUST REDUCED!

20150429204159699842000000Beautiful, 3 BD/3 BA Mountain Chalet, Actually Used as a 5 BD, Only Mins. to Dwtn. Gatlinburg. Has made near or above $40K in rental income consistently each year; has great rental potential. Home includes a Large, Open Living Rm Area, a very spacious Recreation Rm, two decks with amazing mtn. views of the Smokies, and much, much more. Set in a beautiful, wooded setting, this home is only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions. A great home & value – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $269,900  For more information >

 

 

 

 

FEATURED PROPERTY!

APrivate, Well-Built, 4 BD/3 BA Chalet Located Only Mins. to Gatlinburg. Has made over $38K in rental income in each of the last 2 years alone; has great rental potential. Home includes a Spacious Living Rm, a combined Kitchen/Dining Rm, a spacious Loft that includes an Open Recreation Rm w/pool table, great views of the Smokies, and much more. Located only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions, along with being only 1/2 mi. of the Chalet Village Owner’s Club. A great location & mountain chalet – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $249,900  For more information >

 

 

 

 

FEATURED PROPERTY!

APrivate, 2 BD/2 BA, Contemporary-Style Chalet Located Only Mins. to Dwtn. Gatlinburg. Has made over $21K in rental income in each of the last 2 years alone; has great rental potential. Home includes a Living Rm w/high, vaulted ceilings & a Beautiful Mtn. Stone F/P, along with each BD being a Suite-style BD w/Private BA, an outdoor Gazebo area w/a Hot Tub, a spacious deck area to enjoy the views of the Smokies, & much more. Only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions. A great, private home & location – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $199,900  For more information >

 

 

 

 

 

photo_medium

 

 

 

 

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 Address: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com

 

The Great Smoky Mountains Real Estate Market Continues Its Steady Growth Through August 2015

buyersroad-300x286

 

For over the last eighteen months or so, the local & national real estate markets have reflected a steady, but gradual, growth in several key real estate market categories. As we look at the statistics for the Great Smoky Mountains real estate market through August of 2015, we will see that such local & national trends, particularly in the Great Smoky Mountains real estate market, continue to reflect these very same trends of gradual growth that we also see nationally, and have seen for some time now. Let’s now see what the numbers have to say for August of 2015, as compared to those one year ago, in August of 2014.

 

In the category of Residences Sold, we see that in comparing August of 2015 to that of August of 2014, the number of residences sold increased by 2% in terms of homes being sold, as there were 19 more homes that were sold as of the end of August of 2015, as opposed to August of 2014. This figure is actually less than the previous month in this same category, but this still shows that the sales market locally remains fairly steady and growing to a degree, in spite of the lower percentage and numbers for this past month, as compared against that of 2014.

 

GRAPH 1 - AUGUST 2015

 

In the category of Residential Dollar Volume from August of 2015, as opposed to August of 2014, we see an increase of 10% in terms of dollar volume through August of 2015, as compared to August of 2014. This category does show a continued higher percentage from year-to-year, showing that there is continued, strong growth in this category. This continues to show a continued local, as well as national, trend of relatively steady, stable growth in terms of this category, as well, and continues to reflect the consistently higher home prices that have been taking place for over the last eighteen months now on a national scale.

 

GRAPH 2 - AUGUST 2015

 

There is also continued good news for sellers in the Average Sold Price Category. For August of 2015, as compared to that of August of 2014, average sold prices show an increase of 8%, which continues to show steady and consistent strength in this category on average, reflecting a stronger local market in this category. As confidence continues to grow in both the local and national markets, we foresee that this relatively steady trend of higher home prices will likely continue for at least the short-term horizon, if not longer.

 

GRAPH 3 - AUGUST 2015

 

In addition, available homes on the market are continuing to show a trend of steady decreases, which has also occurred over the last several months, as well. Through August of 2015, as opposed to August of 2014, the number of available homes did decline by 10%, or reflecting a numerical decrease of 466 homes in terms of available inventory, which is the largest decline in local inventory seen throughout the year to date. This is largely in line with the latest national real estate trends, which also shows a gradual decline in available home inventory as a whole. This may foretell that with declining inventory, the local market is beginning to show some possible movement towards more people wanting to buy the many available properties currently on the market, and with higher home prices, more people are feeling a greater sense of confidence in placing their homes for sale on the market. We will continue watching to see if this particular trend continues, and see what it does for the real estate market as a whole, both here locally, as well as nationally.

 

GRAPH 4 - AUGUST 2015

 

As the markets continue these gradual trends of growth locally and nationally, these statistics are largely expected to remain largely steady at least for the short-term, largely continuing the same continued gradual, but steady, growth that has been seen now for over the last few months, and is largely expected to continue through the remainder of 2015. 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 see what the Smokies area have to offer for you today? You can also learn more about The Jason White Team, and see how we can help you make your home ownership dreams a reality today!

 

 

Our Featured Properties for Thursday, September 3, 2015

 

 

FEATURED PROPERTY!

A (2)Luxurious, Beautifully-Decorated, 4 BD/4 BA Log Home Located in Chalet Village. Current rental income and reservations are over $41K as of this year alone; has great rental potential. Has amazing views of Mt. LeConte & the Smokies, Large Living Rm, Combination Gourmet Kitchen & Dining Rm, 2 Master Suites, 2-car attached garage, & much more. Has easy access to city-maintained roads & services, & only mins. to dwtn. Gatlinburg, Ober Gatlinburg, & Nat’l Park. Come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $529,900  For more information >

 

 

 

 

FEATURED PROPERTY!

ACozy, Well-Located, Rustic-Style, 3 BD/2 BA Chalet Located Only Mins. to Dwtn. Gatlinburg. Ideal as a permanent or 2nd home, or as an overnight rental. Has a gently flowing mtn. stream below this home, along w/being in a beautiful, wooded setting, while also close to the action of Gatlinburg. Home includes a Large Great Rm, each BD w/its own Private Closet space, a Loft area w/Small Den, & more. Only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions; a great home & value – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $159,900  For more information >

 

 

 

 

FEATURED PROPERTY!

APrivate, Cozy, 3 BD/2 BA Cottage-Style Home Located in Chalet Village, & Only Mins. to Dwtn. Gatlinburg. Ideal as a permanent or 2nd home, or as an overnight rental. Very well-built & maintained home, both inside & out. Includes an outside, covered wraparound deck, along w/a Large Living Rm, Master BD w/Adj. Master BA, two BD’s upstairs (one currently used as a Rec Rm), lots of extra storage & closet space, & more. Only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions. A great, privately located home w/lots of potential – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $139,900  For more information >

 

 

 

 

 

photo_medium

 

 

 

 

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 Address: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com

The Great Smoky Mountains Real Estate Market Continues Its Steady Growth Through July 2015

buyersroad-300x286

 

For over the last eighteen months or so, the local & national real estate markets have reflected a steady, but gradual, growth in several key real estate market categories. As we look at the statistics for the Great Smoky Mountains real estate market through July of 2015, we will see that such local & national trends, particularly in the Great Smoky Mountains real estate market, continue to reflect these very same trends of gradual growth that we also see nationally, and have seen for some time now. Let’s now see what the numbers have to say for July of 2015, as compared to those one year ago, in July of 2014.

 

In the category of Residences Sold, we see that in comparing July of 2015 to that of July of 2014, the number of residences sold actually increased by 7% in terms of homes being sold, as there were 106 more homes that were sold as of the end of July of 2015, as opposed to July of 2014. This figure is actually higher, as compared to that of the previous month in this same category, and shows that the sales market locally remains fairly steady and is actually growing to a degree. While too early to tell if this will remain as such throughout the rest of 2015, this figure does show continued good news for sales in this category.

July Graph 1

 

In the category of Residential Dollar Volume from July of 2015, as opposed to July of 2014, we see an increase of 16% in terms of dollar volume through July of 2015, as compared to July of 2014. This category does show an increased percentage from that of the previous month, showing that there is continued, strong growth in this category. This continues to show a continued local, as well as national, trend of relatively steady, stable growth in terms of this category, as well, and continues to reflect the consistently higher home prices that have been taking place for over the last eighteen months now on a national scale.

July Graph 2

 

There is also continued good news for sellers in the Average Sold Price Category. For July of 2015, as compared to that of July of 2014, average sold prices show an increase of 8%, which continues to show steady and consistent strength in this category on average, reflecting a stronger local market in this category. As confidence continues to grow in both the local and national markets, we foresee that this relatively steady trend of higher home prices will likely continue for at least the short-term horizon, if not longer.

July Graph 3

 

In addition, available homes on the market are continuing to show a trend of steady decreases, which has also occurred over the last several months, as well. Through July of 2015, as opposed to July of 2014, the number of available homes did decline by 3%, or reflecting a numerical decrease of 172 homes in terms of available inventory, which is still one of the larger declines in local inventory seen throughout the year to date. This is still largely in line with the latest national real estate trends, which also shows a gradual decline in available home inventory as a whole. This may foretell that with declining inventory, the local market is beginning to show some possible movement towards more people wanting to buy the many available properties currently on the market, and with higher home prices, more people are feeling a greater sense of confidence in placing their homes for sale on the market. We will continue watching to see if this particular trend continues, and see what it does for the real estate market as a whole, both here locally, as well as nationally.

July Graph 4

 

As the markets continue these gradual trends of growth locally and nationally, these statistics are largely expected to remain largely steady at least for the short-term, largely continuing the same continued gradual, but steady, growth that has been seen now for over the last few months, and is largely expected to continue through the remainder of 2015. 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 see what the Smokies area have to offer for you today? You can also learn more about The Jason White Team, and see how we can help you make your home ownership dreams a reality today!

 

Our Featured Properties for Thursday, August 6, 2015: 

 

 

JUST REDUCED!

APrivate, Well-Built, 4 BD/3 BA Chalet Located Only Mins. to Gatlinburg. Has made over $38K in rental income in each of the last 2 years alone; has great rental potential. Home includes a Spacious Living Rm, a combined Kitchen/Dining Rm, a spacious Loft that includes an Open Recreation Rm w/pool table, great views of the Smokies, and much more. Located only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions, along with being only 1/2 mi. of the Chalet Village Owner’s Club. A great location & mountain chalet – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $249,900  For more information >

 

 

 

 

JUST REDUCED!

AWell-Built, 2 BD/2 BA Log-Style Home Located Only Mins. to Dwtn. Gatlinburg. Made over $16K in rental income for 2013, & made nearly $26K in rental income for 2014; has great rental potential. This home is w/in easy walking dist. to nearby area schools, Mills Park, City Trolley stops, & Rocky Top Sports World. Home incl. a Large Living/Dining Rm, Full Kitchen, each BD having its own Private BA & Closet, spacious Loft, & more. Relatively private, but also close to Gatlinburg’s many attractions. A great location & value – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $219,900  For more information >

 

 

 

 

FEATURED PROPERTY!

APrivate, 2 BD/2 BA, Contemporary-Style Chalet Located Only Mins. to Dwtn. Gatlinburg. Has made over $21K in rental income in each of the last 2 years alone; has great rental potential. Home includes a Living Rm w/high, vaulted ceilings & a Beautiful Mtn. Stone F/P, along with each BD being a Suite-style BD w/Private BA, an outdoor Gazebo area w/a Hot Tub, a spacious deck area to enjoy the views of the Smokies, & much more. Only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions. A great, private home & location – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $199,900  For more information >

 

 

 

 

photo_medium

 

 

 

 

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 Address: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com

The Great Smoky Mountains Real Estate Market Continues Steady Growth Through June 2015

Buyers Road and Sellers Lane

For over the last eighteen months or so, the local & national real estate markets have reflected a steady, but gradual, growth in several key real estate market categories. As we look at the statistics for the Great Smoky Mountains real estate market through June of 2015, we will see that such local & national trends, particularly in the Great Smoky Mountains real estate market, continue to reflect these very same trends of gradual growth that we also see nationally, and have seen for some time now. Let’s now see what the numbers have to say for June of 2015, as compared to those one year ago, in June of 2014.

 

In the category of Residences Sold, we see that in comparing June of 2015 to that of June of 2014, the number of residences sold actually increased by 6% in terms of homes being sold, as there were 81 more homes that were sold as of the end of June of 2015, as opposed to June of 2014. This figure is actually higher, as compared to that of the previous month in this same category, and shows that the sales market locally remains fairly steady and is actually growing to a degree. While too early to tell if this will remains as such, this figure does show continued good news for sales locally in a general sense.

graph 1

In the category of Residential Dollar Volume from June of 2015, as opposed to June of 2014, we see an increase of 14% in terms of dollar volume through June of 2015, as compared to June of 2014. This category does show the same percentage as the previous month, showing that there is continued growth in this category. This continues to show a continued local, as well as national, trend of relatively steady growth in terms of this category, and continues to reflect the higher home prices that have been taking place for over the last eighteen months now on a national scale.

graph 2

There is also continued good news for sellers in the Average Sold Price Category. For June of 2015, as compared to that of June of 2014, average sold prices show an increase of 8%, which continues to show strength in this category on average, reflecting a stronger local market in this category. As confidence continues to grow in both the local and national markets, we foresee that this relatively steady trend of higher home prices will likely continue for at least the short-term horizon, if not longer.

graph 3

In addition, available homes on the market are continuing to show a trend of steady decreases, which has also occurred over the last several months, as well. Through June of 2015, as opposed to June of 2014, the number of available homes did decline by 3%, or reflecting a numerical decrease of 157 homes in terms of available inventory, which is still one of the larger declines in local inventory seen throughout the year to date. This is still largely in line with the latest national real estate trends, which also shows a decline in available home inventory as a whole. This may foretell that with declining inventory, the local market is beginning to show some possible movement towards more people wanting to buy the many available properties currently on the market, and with higher home prices, more people are feeling a greater sense of confidence in placing their homes for sale on the market. We will continue watching to see if this particular trend continues, and see what it does for the real estate market as a whole, both here locally, as well as nationally.

graph 4

As the markets continue these gradual trends of growth locally and nationally, these statistics are largely expected to remain largely steady at least for the short-term, largely continuing the same continued gradual, but steady, growth that has been seen now for over the last few months, and is largely expected to continue into the summer of 2015. 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 see what the Smokies area have to offer for you today? You can also learn more about The Jason White Team, and see how we can help you make your home ownership dreams a reality today!

 

Our Featured Properties for Thursday, July 2, 2015:

 

 

NEW LISTING!

20150629190002457381000000Private, Secluded, 2 BD/2 BA Cabin, Located Adj. to Pittman Center. Ideal as a permanent or 2nd home, or as an overnight rental. This rustic-style cabin sits on nearly 4 acres of private land, w/a great partial view of the Smokies & borders the Nat’l Park. Home includes a Large Living/Dining Rm, full Kitchen, each BD having its own Private Closet space, a Large Lower Level Den/Rec Rm, & much more. Only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions, along w/being adj. to Pittman Center. A great location & value – come see it today! Type: Single-Family Home Location: Sevierville, TN Price: $159,900  For more information >

 

 

 

FEATURED PROPERTY!

AWell-Built, 2 BD/2 BA Log-Style Home Located Only Mins. to Dwtn. Gatlinburg. Made $16K in rental income for 2013, & made $26K in rental income for 2014; has great rental potential. This home is w/in easy walking distance to nearby area schools, Mills Park, City Trolley stops, & Rocky Top Sports World, among other attractions. Home includes a Large Living/Dining Rm, Full Kitchen, each BD having its own Private Bath & Closet space, spacious Loft, & more. Set in a relatively private location, but also close to Gatlinburg’s many attractions. A great location & value – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $225,000  For more information >

 

 

 

FEATURED PROPERTY!

APrivate, Spacious, 2 BD/3 BA Log Cabin Located in Beautiful Pittman Center. Made near or above $20K in rental income in each of the last 3 yrs. alone; has great rental potential. Sits on nearly 2 acres in a very private & beautiful setting, creating a beautiful setting for enjoying the Smokies. Incl. a Large Living Rm, spacious Loft, Lower Lvl. Great Rm, & great views of the Smokies. Nestled in a very beautiful, wooded area, this home is only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions – come see it for yourself today! Type: Single-Family Home Location: Pittman Center, TN Price: $229,900  For more information >

 

 

 

 

photo_medium

 

 

 

 

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 Address: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com

 

The Great Smoky Mountains Real Estate Market Continues Its Steady Growth Through May 2015

Buyers Road and Sellers Lane

For over the last eighteen months or so, the local & national real estate markets have reflected a steady, but gradual, growth in several key real estate market categories. As we look at the statistics for the Great Smoky Mountains real estate market through May of 2015, we will see that such local & national trends, particularly in the Great Smoky Mountains real estate market, continue to reflect these very same trends of gradual growth that we also see nationally, and have seen for some time now. Let’s now see what the numbers have to say for May of 2015, as compared to those one year ago, in May of 2014.

 

In the category of Residences Sold, we see that in comparing May of 2015 to that of May of 2014, the number of residences sold actually increased by 5% in terms of homes being sold, as there were 72 more homes that were sold as of the end of May of 2015, as opposed to May of 2014. This figure is relatively constant, as compared to that of the previous month in this same category, and shows that the sales market locally remains steady and growing. While too early to tell if this will remains as such, this figure does show continued good news for sales locally in a general sense.

GRAPH 1 - RESIDENCES SOLD

 

In the category of Residential Dollar Volume from May of 2015, as opposed to May of 2014, we see an increase of 14% in terms of dollar volume through May of 2015, as compared to May of 2014. This category also shows a increase from the previous month, showing that there is continued growth in this category, possibly even more than in previous months, as well. This continues to show a continued local, as well as national, trend of relatively steady growth in terms of this category, and continues to reflect the higher home prices that have been taking place for over the last eighteen months now on a national scale.

 

GRAPH 2 - RESIDENTIAL DOLLAR VOLUME

 

There is also continued good news for sellers in the Average Sold Price Category. For May of 2015, as compared to that of May of 2014, average sold prices show an increase of 8%, which continues to show strength in this category on average, reflecting a stronger local market in this category. As confidence continues to grow in both the local and national markets, we foresee that this relatively steady trend of higher home prices will likely continue for at least the short-term horizon, if not longer.

 

GRAPH 3 - AVERAGE SOLD PRICE

 

In addition, available homes on the market are continuing to show a trend of steady decreases, which has also occurred over the last several months, as well. Through May of 2015, as opposed to May of 2014, the number of available homes did decline by 2%, or reflecting a numerical decrease of 135 homes in terms of available inventory, which is still one of the larger declines in local inventory seen throughout the year to date. This is still largely in line with the latest national real estate trends, which also shows a decline in available home inventory as a whole. This may foretell that with declining inventory, the local market is beginning to show some possible movement towards more people wanting to buy the many available properties currently on the market, and with higher home prices, more people are feeling a greater sense of confidence in placing their homes for sale on the market. We will continue watching to see if this particular trend continues, and see what it does for the real estate market as a whole, both here locally, as well as nationally.

 

GRAPH 4 - AVAILABLE INVENTORY

 

As the markets continue these gradual trends of growth locally and nationally, these statistics are largely expected to remain largely steady at least for the short-term, largely continuing the same continued gradual, but steady, growth that has been seen now for over the last few months, and is largely expected to continue into the coming summer of 2015. 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 see what the Smokies area have to offer for you today? You can also learn more about The Jason White Team, and see how we can help you make your home ownership dreams a reality today!

 

 

Our Featured Properties for Thursday, June 4, 2015:

 

 

NEW LISTING!

APrivate, 2 BD/2 BA, Contemporary-Style Chalet Located Only Mins. to Dwtn. Gatlinburg. Has made over $21K in rental income in each of the last 2 yrs. alone; has great rental potential. Home includes a Living Rm w/high, vaulted ceilings & a Beautiful Mtn. Stone F/P, along with each BD being a Suite-style BD w/Private BA, an outdoor Gazebo area w/a Hot Tub, a spacious deck area to enjoy the views of the Smokies, & much more. Only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions. A great, private home & location – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $199,900  For more information >

 

 

 

 

NEW LISTING!

ACozy, Private, 1 BD/2 BA Log Cabin Located Only Mins. to Gatlinburg. Ideal as a permanent or 2nd home, or as an overnight rental – has great rental potential. Home includes beautiful log-built furniture, as well as a spacious Great Rm, an Upstairs Den/Rec Rm Loft area, a Master BD w/Private BA, & much more. Also includes a spacious Deck area w/Hot Tub, as well. Only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions, as well as being mere blocks to Ober Gatlinburg. A great home & location – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $169,900  For more information >

 

 

 

 

NEW LISTING!

AWell-Located, 2 BD/2 BA Condo Unit Located Only Mins. to Dwtn. Pigeon Forge. Ideal as a permanent or 2nd home, or as an overnight rental – has great rental potential. Condo is located on the 1st floor, & is a part of a well-managed condo complex, close to the attractions & shopping of Pigeon Forge. Unit includes a Living/Dining Rm, a full Kitchen, a Master BD w/a well-designed Master BA w/Whirlpool, and much more. Only mins. to dwtn. Pigeon Forge, Dollywood, & the attractions. A great location & value – come see it today! Type: Condominium Location: Pigeon Forge, TN Price: $99,900  For more information >

 

 

 

 

photo_medium

 

 

 

 

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 Address: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com

The Great Smoky Mountains Real Estate Market Continues Making Steady Gains Through April 2015

Buyers Road and Sellers Lane

For over the eighteen months or so, the local & national real estate markets have reflected a steady, but gradual, growth in several key real estate market categories. As we look at the statistics for the Great Smoky Mountains real estate market through April of 2015, we will see that such local & national trends, particularly in the Great Smoky Mountains real estate market, continue to reflect these very same trends of gradual growth that we also see nationally, and have seen for some time now. Let’s now see what the numbers have to say for April of 2015, as compared to those one year ago, in April of 2014.

 

In the category of Residences Sold, we see that in comparing April of 2015 to that of April of 2014, the number of residences sold actually increased by 5% in terms of homes being sold, as there were 75 more homes that were sold as of the end of April of 2015, as opposed to April of 2014. This shows a more robust growth than the previous month, for sure, and may indicate continued growth & strength in home sales, though it is too early to say if this will continue and be sustained at such a level, but it does show continued good news regarding home sales for the year so far, and possible strengthening of the local real estate market, at least in this category.

 

ChartGo 1

 

In the category of Residential Dollar Volume from April of 2015, as opposed to April of 2014, we see an increase of 13% in terms of dollar volume through April of 2015, as compared to April of 2014. This category also shows a marked increase from the previous month, showing that there is continued growth in this category, possibly even more than in previous months, as well. This continues to show a continued local, as well as national, trend of relatively steady growth in terms of this category, and continues to reflect the higher home prices that have been taking place for over the last eighteen months now on a national scale.

 

ChartGo 2

 

There is also continued good news for sellers in the Average Sold Price Category. For April of 2015, as compared to that of April of 2014, average sold prices show an increase of 7%, which continues to show strength in this category on average, reflecting a stronger local market in this category. As confidence continues to grow in both the local and national markets, we foresee that this relatively steady trend of higher home prices will likely continue for at least the short-term horizon, if not longer.

 

ChartGo 3

 

In addition, available homes on the market are continuing to show a trend of steady decreases, which has also occurred over the last several months, as well. Through March of 2015, as opposed to March of 2014, the number of available homes did decline by 4%, or reflecting a numerical decrease of 194 homes in terms of available inventory, which is still one of the largest declines in local inventory seen throughout the year to date. This is still largely in line with the latest national real estate trends, which also shows a decline in available home inventory as a whole. This may foretell that with declining inventory, the local market is beginning to show some possible movement towards more people wanting to buy the many available properties currently on the market, and with higher home prices, more people are feeling a greater sense of confidence in placing their homes for sale on the market. We will continue watching to see if this particular trend continues, and see what it does for the real estate market as a whole, both here locally, as well as nationally.

 

ChartGo 4

 

As the markets continue these gradual trends of growth locally and nationally, these statistics are largely expected to remain largely steady at least for the short-term, largely continuing the same continued gradual, but steady, growth that has been seen now for over the last few months, and is largely expected to continue into the coming summer of 2015. 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 see what the Smoky Mountains area have to offer for you today? You can also browse our Team website further to learn more about The Jason White Team today, and see how we can help you make your home ownership dreams a reality today!

 

Our Featured Properties for Thursday, May 7, 2015:

 

 

NEW LISTING!

ASpacious, Amazing Mountain Chalet, Used As 5 BD/4 BA, Only Mins. to Dwtn. Gatlinburg. Has made in the mid-$40K range in rental income consistently each year; has great rental potential. Home includes a Spacious Game Rm, a big eat-in Kitchen area, lots of decking, plenty of privacy, & amazing mtn. views, among other features. All of this is set in a beautiful, wooded setting; only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions. A great home & location – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $299,900  For more information >

 

 

 

 

NEW LISTING!

ABeautiful, 3 BD/3 BA Mountain Chalet, Actually Used as a 5 BD, Only Mins. to Dwtn. Gatlinburg. Has made near or above $40K in rental income consistently each year; has great rental potential. Home includes a Large, Open Living Rm Area, a very spacious Recreation Rm, two decks with amazing mtn. views of the Smokies, and much, much more. Set in a beautiful, wooded setting, this home is only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions. A great home & value – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $279,900  For more information >

 

 

 

 

NEW LISTING!

AWell-Built, 3 BD/3 BA Home Located Only Mins. to Pigeon Forge. Has made over $27K in rental income in at least each of the 2 years alone; has great rental potential. This well-built home has each BD with its own Private Bath, a fully screened-in Porch, a Large Living/Dining Rm, Full Kitchen, Large Lower Level Recreation Rm, & more. Part of a well-established community, this home is only mins. to Pigeon Forge, Dollywood, & nearby shopping, as well as the many local attractions. A great home, location, & value – come see it today! Type: Single-Family Home Location: Pigeon Forge, TN Price: $229,900  For more information > 

 

 

 

 

photo_medium

 

 

 

 

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 Address: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com

The Great Smoky Mountains Real Estate Market Continues its Gradual Growth Through March 2015

Buyers Road and Sellers Lane

For over the last year or so, the local & national real estate markets have reflected a steady, but gradual, growth in several key real estate market categories. As we look at the statistics for the Great Smoky Mountains real estate market through March of 2015, we will see that such local & national trends, particularly in the Great Smoky Mountains real estate market, continue to reflect these very same trends of gradual growth that we also see nationally, and have seen for some time now. Let’s now see what the numbers have to say for March of 2015, as compared to those one year ago, in March of 2014.

 

In the category of Residences Sold, we see that in comparing March of 2015 to that of March of 2014, the number of residences sold increased slightly by 1% in terms of homes being sold, as there were 17 more homes that were sold as of the end of March of 2015, as opposed to March of 2014. While down from that of last month, this continues to show a general increase on the whole in this category, reflecting a steadiness in the market in this particular category. This may indicate continued growth & strength in home sales, though it is too early to say if this will continue and be sustained over the long-term, but it does show continued good news regarding home sales for the year so far.

 

GRAPH 1

 

In the category of Residential Dollar Volume from March of 2015, as opposed to March of 2014, we see an increase of 9% in terms of dollar volume through March of 2015, as compared to March of 2014. This category has remained constant and unchanged from that of the previous month, showing that there is continued growth in this category, as well as overall continued consistency. This continues to show a continued local, as well as national, trend of relatively steady growth in terms of this category, and continues to reflect the higher home prices that have been taking place for over a year or so now on a national scale.

 

GRAPH 2

 

There is also continued good news for sellers in the Average Sold Price Category. For March of 2015, as compared to that of March of 2014, average sold prices show an increase of 8%, which continues to show strength in this category on average, reflecting a stronger local market in this category. As confidence continues to grow in both the local and national markets, we foresee that this relatively steady trend of higher home prices will likely continue for at least the short-term horizon, if not longer.

 

GRAPH 3

 

In addition, available homes on the market are continuing to show a trend of steady decreases, which has also occurred over the last several months, as well. Through March of 2015, as opposed to March of 2014, the number of available homes did decline by 6%, or reflecting a numerical decrease of 299 homes in terms of available inventory, which is a significant decline in inventory, and reflects the largest decline recently seen in the local Great Smoky Mountains real estate market. This is still largely in line with the latest national real estate trends, which also shows a decline in available home inventory as a whole. This may foretell that with declining inventory, the local market is beginning to show some possible movement towards more people wanting to buy the many available properties currently on the market, and with higher home prices, more people are feeling a greater sense of confidence in placing their homes for sale on the market. We will continue watching to see if this particular trend continues, and see what it does for the real estate market as a whole, both here locally, as well as nationally.

 

GRAPH 4

 

As the markets continue these gradual trends of growth locally and nationally, these statistics are largely expected to remain largely steady at least for the short-term, largely continuing the same continued gradual, but steady, growth that has been seen now for over the last few months, and is expected to continue into this new year. 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 see what the Smoky Mountains area have to offer for you today? You can also browse our Team website further to learn more about The Jason White Team today, and see how we can help you make your home ownership dreams a reality today!

 

Our Featured Properties for Thursday, April 2, 2015:

 

 

NEW LISTING!

APrivate, Spacious, 4 BD/4 BA Log-Style Home Only Mins. to Pigeon Forge. Ideal as a permanent or 2nd home, or as an overnight rental. Home is located in a private, gated community, only mins. to Pigeon Forge, Sevierville, Dollywood, & the attractions, while also being set in a beautiful, wooded setting, with partial mountain views. Home includes a Large Great Room, a Large Master Bedroom w/Private Bath & Closet space, a Large Den/Recreation Room on the first lower level, partial wraparound deck, and much more. A great location and home with lots of privacy – come see it today! Type: Single-Family Home Location: Sevierville, TN Price: $259,900  For more information >

 

 

 

 

 

JUST REDUCED!

1709 SMOKY HILLS DRIVEBrand New, 2 BD/2 BA Log Cabin Near Gatlinburg w/Spectacular Mtn. Views. Made over $23K in rental income in each of the last 2 years alone; had great rental potential. Located just 2 mi. from the Dwtn. Gatlinburg Strip, & is w/in walking distance to the Gatlinburg Comm. Center, Gatlinburg-Pittman H.S., the new Rocky Top Sports World sports complex, Mills Park, & much more. Home incl. Large Great Rm, along w/2 Master Suite BD’s, w/each Suite having its own in-room W/P & Private Bath. A very nice home w/wonderful views – come see it today! Type: Single Family Home Location: Gatlinburg, TN Price: $239,900  For more information >

 

 

 

 

 

 

JUST REDUCED!

GSMAOR194813Well-Located, 3 BD/2 BA Condo Only Mins. to Gatlinburg. Has great rental potential, or can be an ideal permanent or 2nd home. Condo is located in a well-managed complex, w/great views of the Smokies. Condo includes a Loft Bedroom, a Master Bedroom w/Private Bath, a Living/Dining Rm combination, & more. Only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions. Type: Condominium Location: Gatlinburg, TN Price: $79,900  For more information >

 

 

 

 

 

photo_medium

 

 

 

 

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 Address: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com