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

 

In the category of Residences Sold, we see that in comparing February of 2015 to that of February of 2014, the number of residences sold increased slightly by 2% in terms of homes being sold, as there were 22 more homes that were sold as of the end of February of 2015, as opposed to February of 2014. This shows the same continued increase as that of last month, 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 portend continued good news regarding home sales for the year so far.

 

In the category of Residential Dollar Volume from February of 2015, as opposed to February of 2014, we see an increase of 9% in terms of dollar volume through February of 2015, as compared to February of 2014. While this shows a decline by 1% from that of January of this year, there is continued growth in this category, as well as general 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.

There is also continued good news for sellers in the Average Sold Price Category. For February of 2015, as compared to that of February of 2014, average sold prices show an increase of 7%, which actually is a slight decline from that of previous months, but still shows an increase nonetheless. As confidence continues to slowly 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.

In addition, available homes on the market are continuing to show a slight decrease, which has also occurred over the last several months, as well. Through February of 2015, as opposed to February of 2014, the number of available homes did decline by 5%, or reflecting a numerical decrease of 268 homes in terms of available inventory, which is a significant decline in inventory, and reflects the largest decline seen recently 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 continue, and see what it does for the real estate market as a whole, both here locally, as well as nationally.

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 March 5, 2015:

 

 

NEW LISTING!

Spacious, 3 BD/3 BA Condo Located Just Blocks from Dwtn. Gatlinburg. Ideal as a permanent or 2nd home, or as an overnight rental. Condo includes a Large Great Rm, w/each BD having its own Private BA & Closet space, as well as a Kitchen, and more. Located in a well-established condo complex, & is only blocks to dwtn. Gatlinburg & the attractions, along w/being only mins. to the Nat’l Park. A great condo in a great location – come see it today! Type: Condominium Location: Gatlinburg, TN Price: $129,900  For more information >

 

 

 

NEW LISTING!

Well-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: $89,900  For more information >

 

 

FEATURED PROPERTY!

Well-Built, 3 BD/2 BA Condo Located W/in Walking Distance to Ober Gatlinburg. Ideal for a permanent or 2nd home, or as an overnight rental. Condo includes an attached 1 -car garage, Large Great Rm, full Kitchen, an Enclosed Porch just off of the Great Rm usable as an Extra Den, a Screened-In Porch accessible from 2 BD’s, a Master BD w/a Private Bath, & much more. Easy access to city-maintained roads & services, & w/in walking distance to Ober Gatlinburg, & only w/in mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions. A great location & value – come see it today! Type: Condominium Price: $139,900 Location: Gatlinburg, TN  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 Address: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com

 

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

 

In the category of Residences Sold, we see that in comparing January of 2015 to that of January of 2014, the number of residences sold actually increased slightly by 2% in terms of homes being sold, as there were 22 more homes that were sold as of the end of January of 2015, as opposed to January of 2014. This actually shows a real reversal from the last couple of months, when Residences Sold showed a slight decline each month, as we ended 2014. This may indicate a potential start of growth in home sales, though it is too early to say if this will continue. However, this does pose a good start to 2015, at least initially, regarding Residences Sold.

In the category of Residential Dollar Volume from January of 2015, as opposed to January of 2014, we see an increase of 10% in terms of dollar volume through January of 2015, as compared to January of 2014, which is actually a 2% increase from that of December of 2014’s statistics, and continues to reflect a general upward trend in terms of Residential Dollar Volume, which has been in evidence for at least the last few months, if not longer. This shows a continued local, as well as national, trend of relatively steady growth in terms of this category, continuing to reflect the higher home prices that have been taking place for over a year or so now on a national scale.

There is also continued good news for sellers in the Average Sold Price Category. For January of 2015, as compared to that of January of 2014, average sold prices show an increase of 8%, which actually is a slight decline from December of 2014 (showed a 9% increase), but still shows an increase nonetheless. As confidence continues to slowly 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, into the new year.

In addition, available homes on the market are continuing to show a slight decrease, which has also occurred over the last several months, as well. Through January of 2015, as opposed to January of 2014, the number of available homes did decline by 3%, or reflects a decrease of 146 homes in terms of available inventory, which is still one of the largest declines of available inventory seen in at least the last couple of months 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 continue, and see what it does for the real estate market as a whole, both here locally, as well as nationally, into the new year.

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, February 5, 2015:

 

FEATURED PROPERTY!

Incredible, 4 BD, 5 1/2 BA, Log-Style Home Adj. to the Nat’l Park. Has made right at $60K in rental income consistently since 2010. Enjoy total privacy & luxury, while taking in the relaxing sounds of the Little Pigeon River & amazing, beautiful views of the Smokies. Incl. 4 luxury Master Suite BD’s, a Large Rec Rm, a private, sound proof theatre rm, & more. Only mins. to dwtn. Gatlinburg, the Nat’l Park, & much more – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $597,000  For more information >

 

 
FEATURED PROPERTY!

Pristine, 5 BD/5 BA, Mountain Estate w/Majestic Mtn. Views & Close to Gatlinburg. An 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. Only a 3 mile walk on a natural trail leading from this property to dwtn. Gatlinburg, & just mins. to Ober Gatlinburg. You’ll never find another unique property like this one – come see it before it’s too late! Type: Single-Family Home Location: Gatlinburg, TN Price: $497,000  For more information >

 

 
FEATURED PROPERTY!

Luxurious, Spacious, 5 BD/5.5 BA Log-Style Chalet Only Mins. to Dwtn. Gatlinburg. Made over $59K in rental income in 2014 alone; has great rental potential. Home incl. 3 large deck lvls. from which to enjoy amazing views of Mt. LeConte & the Smokies, along w/each BD Suite having its own Private BA & Closet, a Large Living Rm, & much more. Only mins. to dwtn. Gatlinburg & the attractions; a luxurious home in a great location – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $430,000  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 Address: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com

In 2014, the local & national real estate markets have reflected a largely gradual, but 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 2014, 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, but steady, 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 2014, as compared to those one year ago, in December of 2013, to close out 2014, now in the past.

In the category of Residences Sold, we see that in comparing December of 2014 to that of December of 2013, the number of residences sold actually declined slightly by 1% in terms of homes being sold, as there were 10 fewer homes that were sold as of the end of December of 2014, as opposed to December of 2013. While this reflects a departure from the prior trend of increased home sales seen previously earlier in 2014, this also could indicate that with declining inventory, now evidenced for at least the last couple of months here locally, people are still actively looking for properties to buy and purchase on the open market. However, this is a smaller percentage and numerical decline that from last month (November), indicating that the total number of sales for each period is relatively steady from 2013 to 2014, indicating a much steadier market on the whole. While it is way too early to say if such a trend will continue, this category certainly bears watching to see if these statistics will change, or will reverse themselves entirely, as we continue into the Winter months of 2014 and into the new year of 2015.

In the category of Residential Dollar Volume from December of 2014, as opposed to December of 2013, we see an increase of 8% in terms of dollar volume through December of 2014, as compared to December of 2013, which is actually a 1% increase from that of November’s statistics, and continues to reflect a general upward trend in terms of Residential Dollar Volume, which has been in evidence through the entirety of 2014. This shows a continued local, as well as national, trend of relatively steady growth in terms of this category, continuing to reflect the higher home prices that have been taking place for over a year or so now on a national scale.

There is also continued good news for sellers in the Average Sold Price Category. For December of 2014, as compared to that of December of 2013, average sold prices show an increase of 9%, which remains the same as that of December’s percentage (also a 9% increase) showing a continued trend of gradually higher average home prices on both the local & national levels, and this statistic has remained largely constant for the past year or so. As confidence continues to slowly 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.

In addition, available homes on the market are continuing to show a slight decrease, which has also occurred over the last couple of months, as well. Through December of 2014, as opposed to December of 2013, the number of available homes did decline by 3%, or reflects a decrease of 167 homes in terms of available inventory, which is the largest decline of available inventory seen in at least the last couple of months in the local Great Smoky Mountains real estate market. This actually 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.

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 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, January 8, 2015:

 

JUST REDUCED!

Picturesque, 2 BD/2 Full BA & 2 Half BA, Victorian-Style Chalet Only Mins. to Gatlinburg. Made near or above $20K in rental income in each of the last 3 yrs.; has enormous rental potential. Each BD in this home has its own in-room W/P & Priv. Bath, along with including a Large Lower Level Great Room, a formal Dining Room, & much more. Has amazing views of both Mt. LeConte & the Smokies, & is only mins. to dwtn. Gatlinburg, the Nat’l Park, & the many area attractions. A very uniquely designed home & a great location – come see it for yourself today! Type: Single-Family Home Location: Gatlinburg, TN Price: $259,000  For more information >

 

 

 

 

 

FEATURED PROPERTY!

Private, Spacious, 3 BD/3 BA Mountain Chalet Located Only Blocks from Ober Gatlinburg. Has made over $31K in rental income since October 2013; has great rental potential. This rustic-style home includes a Large Great Rm, a Large Lower Level Den/Rec Rm, 2 masonry gas F/P’s, partial mtn. views (esp. during fall & winter), & is set in a beautiful, private wooded setting. Only mins. to dwtn. Gatlinburg, Ober Gatlinburg, the Nat’l Park, & the attractions; a great, rustic-style home in a great location – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $207,000  For more information >

 

 

 

 

 

FEATURED PROPERTY!

Spacious, Well-Built, 3 BD/3 BA Log-Style Mountain Chalet Located Only Mins. to Dwtn. Gatlinburg. Has made over $18,000 in rental income in each of the last 2 years; has great rental potential. Home includes a Large Living Room w/vaulted ceilings, a Large Lower Level Great Room w/room for an additional Bedroom, a Spacious Loft w/a Master Suite-Style BD, w/a private Bath, in-room W/P, & balcony, & much more. Only mins. to dwtn. Gatlinburg, Pigeon Forge, the Nat’l Park, & the attractions; a great log-style home in a great location – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $169,900  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 Address: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com

Throughout 2014 to date, we have seen the local & national real estate markets showing largely gradual, but 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 2014, we will see that such trends, particularly in the Great Smoky Mountains real estate market, continue to largely show these same trends of gradual, but steady, growth that we also see nationally. Let’s now see what the numbers have to say for November of 2014, as compared to those one year ago, in November of 2013.

In the category of Residences Sold, we see that in comparing November of 2014 to that of November of 2013, the number of residences sold actually declined slightly by 2% in terms of homes being sold, as there were 24 fewer homes that were sold as of the end of November of 2014, as opposed to November of 2013. While this still reflects a departure from the largely prevailing trend of increased home sales seen previously earlier in 2014, this also could indicate that with declining inventory, which has taken place now for the last couple of months here locally, people are still actively looking for properties to buy and purchase on the open market. However, this is a smaller numerical decline that from last month (October), not necessarily by percentage, which has remained the same at a decline of 2%, but in terms of the decrease in sales of the actual numbers of homes (35 fewer homes sold in October, as opposed to 24 fewer homes sold in November). While it is way too early to say if such a trend will continue, this category certainly bears watching to see if these statistics will change, or will reverse themselves entirely, as we continue into the Winter months of 2014 and into the new year of 2015.

In the category of Residential Dollar Volume from November of 2014, as opposed to November of 2013, we see an increase of 7% in terms of dollar volume through November of 2014, as compared to November of 2013, which remains the same as that of October’s percentage (also a 7% increase), and continues to reflect a general upward trend in terms of Residential Dollar Volume throughout 2014 so far. This shows a continued local, as well as national, trend of relatively steady growth in terms of this category, continuing to reflect the higher home prices that have been taking place for over a year or so now on a national scale.

There is also continued good news for sellers in the Average Sold Price Category. For November of 2014, as compared to that of November of 2013, average sold prices show an increase of 9%, which remains the same as that of October’s percentage (also a 9% increase) showing a continued trend of gradually higher average home prices on both the local & national levels, and this statistic has remained largely constant for the past year or so. As confidence continues to slowly 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.

In addition, available homes on the market are continuing to show a slight decrease, which has also occurred over the last couple of months, as well. Through November of 2014, as opposed to November of 2013, the number of available homes did decline by 2%, or reflects a decrease of 93 homes in terms of available inventory, which is still one of the larger declines of available inventory seen in at least the last couple of months in the local Great Smoky Mountains real estate market. This actually is still largely in line with the latest national real estate trends, which also shows a small 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.

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. 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 Mountains area has 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 Tuesday, December 9, 2014:

 

NEW LISTING!

Luxurious, Spacious, 5 BD/5.5 BA Log-Style Chalet Only Mins. to Dwtn. Gatlinburg! Made over $40K in rental income in 2013, & has made over $55K in 2014!!! Home incl. 3 large deck lvls. from which to enjoy amazing views of Mt. LeConte & the Smokies, along w/each BD Suite having its own Private Bath & Closet, a Large Living Rm w/high, vaulted ceilings, 2 Dining Rm areas, a Large Lower Level Recreation Rm/Den, & more! Only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions; a great, luxurious home in a great location – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $430,000  For more information >

 

 

 

 

 

JUST REDUCED!

Private, Well-Built, 3 BD/2.5 BA, Log Cabin in Sevierville, w/Amazing Mtn. Views! Has made over $23K so far in rental income for 2014; has enormous rental potential, or also great for a permanent or 2nd home! Enjoy privacy, mtn. views & great outdoor spaces w/this home, sitting on 4+ acres of property! Incl. soaring ceilings, breakfast bar, 2-car attached garage, level yard, spacious deck areas, & much more. Only mins. to Sevierville, Pigeon Forge, Dollywood, & nearby area attractions, this home is truly a top-notch home – come see it today! Type: Single-Family Home Location: Sevierville, TN Price: $295,000  For more information >

 

 

 

 

 

FEATURED PROPERTY!

Luxurious, Beautiful, 5 BD/5.5 BA Log Cabin Only Mins. to Dwtn. Gatlinburg! Has made over $55K in rental income in each of the last 2 years alone!!! Home has each BD having its own Private Bath, along w/a Large Great Rm w/vaulted ceilings, a Large Lower Level Recreation Rm, 2 deck levels to enjoy amazing views of Mt. LeConte & the Smokies, & much more! Only mins. to U.S. Hwy. 321, nearby City Trolley stops, dwtn. Gatlinburg, the Nat’l Park, & the attractions; this home is truly luxurious & is in a great location – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $429,900  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 Address: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com

Throughout 2014 so far, we have seen the local & national real estate markets showing largely slow, but 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 2014, we will see that such trends, particularly in the Great Smoky Mountains real estate market, continue to largely show these same trends of slow & steady growth that we are also seeing nationally. Let’s now see what the numbers have to say for October of 2014, as compared to those one year ago, in October of 2013.

In the category of Residences Sold, we see that in comparing October of 2014 to that of October of 2013, the number of residences sold actually declined slightly by 2% in terms of homes being sold, as there were 35 fewer homes that were sold as of the end of October of 2014, as opposed to October of 2013. While this still reflects a departure from the largely prevailing trend of increased home sales in the last several months, this also could indicate that with declining inventory, which has taken place for the last couple of months here in the local market, people are still looking for properties to buy and purchase on the open market. However, this is a smaller decline that from last month (September), when the number of residences sold declined by 3%, when comparing September 2014 to September 2013. While it is way too early to say if such a trend will continue, this category certainly bears watching to see if these statistics will change, or reverse themselves entirely, as we continue into the Fall and Winter months of 2014 and into 2015.

In the category of Residential Dollar Volume from October of 2014, as opposed to October of 2013, we see an increase of 7% in terms of dollar volume through October of 2014, as compared to October of 2013, which is an increase of 1% from last month, when comparing September 2014 to September 2013, and continues to reflect a general upward trend in terms of Residential Dollar Volume throughout 2014 so far. This shows a continued local, as well as national, trend of relatively steady growth in terms of this category, continuing to reflect the higher home prices that have been taking place for over a year or so now on a national scale.

There is also continued good news for sellers in the Average Sold Price Category. For October of 2014, as compared to that of October of 2013, average sold prices show an increase of 9%, which is an increase of 1% from that of last month, showing a continued trend of gradually higher average home prices on both the local & national levels, and this statistic has remained largely constant for the past year or so. As confidence continues to slowly 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.

In addition, available homes on the market are continuing to show a slight decrease, which has also happened over the last couple of months, as well. Through October of 2014, as opposed to October of 2013, the number of available homes did decline by 2%, or reflects a decrease of 102 homes in terms of available inventory, which is one of the larger declines of available inventory seen in at least the last couple of months in the local Great Smoky Mountains real estate market. This actually is still largely in line with the latest national real estate trends, which also shows a small decline in available home inventory as a whole. This may foretell that with declining inventory, the local market is beginning show more possible movement towards wanting to buy available properties currently on market, and with higher home prices, more people are feeling confident in placing their homes for sale. We will continue watching to see if this particular continues, and see what it does for the market, both here locally, as well as nationally.

As 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 slow, but steady, growth that has been shown for over the last few months or so now. 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 Mountains area has to offer for you today? You can also browse our team website further to learn about The Jason White Team today, and let us help you make your home ownership dreams a reality today!

 

This Week’s Featured Properties:

 

NEW LISTING!

Nice, Well-Built 3 BD/2 BA Contemporary, Ranch-Style Home in Kodak! Ideal for a permanent or 2nd home! Home includes a 2-car garage, large front & back yards, a private driveway, a Large Living Rm, & much more! Home also an outdoor storage building in the back yard, each BD has its own Private Closet space, & has easy access to nearby County & State-maintained roads, as well as County-maintained services. Only mins. to I-40, dwtn. Sevierville, Pigeon Forge, & the attractions – come see this home today! Type: Single-Family Home Price: $150,000 Location: Kodak, TN  For more information >

 

 

 

 

 

NEW LISTING!

Well-Built, 3 BD/2 BA Condo Located W/in Walking Distance to Ober Gatlinburg! Ideal for a permanent or 2nd home, or as an overnight rental! Condo includes an attached 1 -car garage, Large Great Rm, full Kitchen, an Enclosed Porch just off of the Great Rm usable as an Extra Den, a Screened-In Porch accessible from 2 BD’s, a Master BD w/a Private Bath, & much more! Easy access to city-maintained roads & services, & w/in walking distance to Ober Gatlinburg, & only w/in mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions. A great location & value – come see it today! Type: Condominium Price: $139,900 Location: Gatlinburg, TN  For more information >

 

 

 

 

 

FEATURED LISTING!

Very Quiet, Private, 3 BD/2.5 BA, Contemporary Ranch-Style Home w/Backyard Views of Mt. LeConte & the Smokies! Ideal permanent or 2nd home, & is move-in ready, w/new wraparound deck, new A/C, new roof, & updated kitchen. Incl. nearly 1 acre of land; has Large Living/Dining Rm, spacious Sunrm, & Breakfast Rm/Nook. Adj. to Gatlinburg’s Arts & Crafts Comm.; only mins. to dwtn. Gatlinburg. Great home; lots of privacy, peace & quiet – come see it! Type: Single-Family Home Location: Gatlinburg, TN Price: $264,900  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

Throughout 2014 to date, we have seen the local and national real estate markets reflecting largely 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 2014, we will see that such trends, particularly in the Great Smoky Mountains real estate market, continue to largely show the same general trends of slow & steady growth that we are also seeing nationally. Let’s now see what the numbers have to say for September of 2014, as compared to those one year ago, in September of 2013.

In the category of Residences Sold, we see that in comparing September of 2014 to that of September of 2013, the number of residences sold actually declined slightly by 3% in terms of homes being sold, as there were 37 fewer homes that were sold as of the end of September of 2014, as opposed to September of 2013. While this does reflect a departure from the largely prevailing trend of increased home sales in the last several months, this also could indicate that with declining inventory, which has been the case for the last couple of months here in the local market, people are still looking for properties to buy and purchase on the open market. While it is way too early to say if such a downward trend will continue, this category certainly bears watching to see if these statistics will change, or reverse themselves entirely, as we continue to head into the Fall and Winter months of 2014.

In the category of Residential Dollar Volume from September of 2014, as opposed to September of 2013, we see an increase of 6% in terms of dollar volume through September of 2014, as compared to September of 2013, which is slightly down from last month’s increase of 9%, but continues to reflect a general upward trend in terms of Residential Dollar Volume throughout 2014 to date. This shows a continued local, as well as national, trend of relatively steady growth in terms of this category, possibly continuing to reflect the higher home prices that have been taking place for over a year or so now on a national scale.

There is also continued good news for sellers in the Average Sold Price Category. For September of 2014, as compared to that of September of 2013, average sold prices show an increase of 8%, which is a decrease of 1% from that of last month, reflecting a continued trend of gradually higher average home prices on both the local & national levels, and remaining largely constant for the past year or so. As confidence continues to slowly 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.

In addition, available homes on the market are continuing to show a slight decrease, which has also happened over the last couple of months, as well. Through September of 2014, as opposed to September of 2013, the number of available homes did decline by 1%, or reflects a decrease of 70 homes in terms of available inventory, which is one of the larger declines of available inventory seen in at least the last couple of months locally. This actually is still largely in line with the latest national real estate trends, which also shows a small decline in available home inventory on the whole. However, despite this decline in inventory, it remains unknown if this decreasing trend in available inventory will continue, but this trend certainly also bears watching to see if it will, in fact, continue.

As 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 slow, but steady, growth that has been shown 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 Mountains area has to offer for you today? 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, Spacious, 3 BD/3 BA Mountain Chalet Located Only Blocks from Ober Gatlinburg – New Listing! Has made over $31K in rental income since October 2013! This rustic-style home includes a Large Great Rm, a Large Lower Level Den/Rec Rm, 2 masonry gas F/P’s, partial mtn. views (esp. during fall & winter), & is set in a beautiful, private wooded setting. Only mins. to dwtn. Gatlinburg, Ober Gatlinburg, the Nat’l Park, & the attractions; a great, rustic-style home in a great location – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $207,000  For more information >

 

 

 

 

Private, Well-Located 2 BD/2.5 BA Cottage-Style Chalet Only 5 Mins. to Dwtn. Gatlinburg – New Listing! Has great potential as a permanent or 2nd home, or as an overnight rental! Home has great mtn. views (esp. fall & winter), along w/2 deck levels, a surfaced private drive, easy access to city-maintained roads & services, & much more! Home also includes a Large Great Rm, is entirely at grade, & borders the Nat’l Park. Only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions; great home w/lots of potential, w/in 5 mins. to dwtn. Gatlinburg – come see it! Type: Single-Family Home Location: Gatlinburg, TN Price: $99,900  For more information >

 

 

 

 

Private, 2 BD/2 BA Home Within Walking Distance to Dwtn. Gatlinburg – Featured Listing! Good potential as a permanent or 2nd home, or as an overnight rental! Home has a wraparound deck on the front & side, w/living rm w/a masonry, woodburning F/P, & both BD’s on the 2nd floor for maximum privacy. Located off a private drive, & in a wooded setting, but is only mins. away from dwtn. Gatlinburg & City Trolley stops. Well-built & in excellent condition – great location! Type: Single-Family Home Location: Gatlinburg, TN Price: $189,900  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
Email: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com

Throughout 2014 to date, we have seen the local and national real estate markets reflecting slow, but steady, growth in several key real estate market categories. As we look at the statistics for the Great Smoky Mountain real estate market through August of 2014, we will see that such trends, particularly in the Great Smoky Mountain real estate market, continue to show the same general trends of slow, but steady, growth that we are also seeing nationally. Let’s now see what the numbers have to say for August of 2014, as compared to those one year ago, in August of 2013.

In the category of Residences Sold, we see that in comparing August of 2014 to that of August of 2013, the number of residences sold actually remained relatively unchanged (0%) in terms of homes being sold, and actually, there were six (6) fewer homes that were sold as of the end of August of 2014, as opposed to August of 2013. While this does reflect a departure from the largely prevailing trend of increased home sales in the last several months, this also could show that the market has become even more steady in terms of numbers of sold homes. While it is too early to say if such a trend will continue, it certainly bears watching to see if these statistics will change heading into the Fall and Winter months of 2014 or not.

In the category of Residential Dollar Volume from August of 2014, as opposed to August of 2013, we see an increase of 9% in terms of dollar volume through August of 2014, as compared to August of 2013, which is only slightly down from last month’s increase of 11%, but continues to reflect a general upward trend in terms of Residential Dollar Volume throughout 2014 to date. This shows a continued local, as well as national, trend of relatively steady growth in terms of this category, possibly continuing to reflect the higher home prices that have been taking place for over a year or so now on a national scale.

There is also continued good news for sellers in the Average Sold Price Category. For August of 2014, as compared to that of August of 2013, average sold prices show an increase of 9%, which is an increase of 1% from that of last month, reflecting a continued trend of gradually higher average home prices on both the local & national levels, and remaining largely constant for the past year or so. As confidence continues to slowly grow in both the local and national markets, we foresee that this relatively steady trend of higher home prices will likely continue for the foreseeable future.

In addition, available homes on the market are continuing to show a slight decrease, which has also happened over the last couple of months, as well. Through August of 2014, as opposed to August of 2013, the number of available homes did decline by 2%, or reflects a decrease of 93 homes in terms of available inventory, which is the largest decline of available inventory seen in at least the last couple of months locally. This actually is still largely in line with the latest national real estate trends, which also shows a small decline in available home inventory on the whole. However, despite this decline in inventory, it remains unknown if this decreasing trend in available inventory will continue, but this trend certainly also bears watching to see if it will, in fact, continue.

As 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 slow, but steady, growth that has been shown 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:

 

Beautiful, Cottage-Style, 1 BD/1.5 BA Chalet Only Mins. to Gatlinburg – New Listing! Great as a permanent or 2nd home, or as an overnight rental! Enjoy mtn. living in this comfortable, cottage-style home; includes a spacious Great Rm on the Main Level, an even Larger Master Suite BD on the 2nd level (incl. in-room W/P, Private BA, & a screened-in deck area w/hot tub), a flowing mtn. stream in the front of the property, & much more! Only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions; a great cottage-style home w/great potential! Type: Single-Family Home Location: Gatlinburg, TN Price: $149,900  For more information >

 

 

 

 

 

 

 

 

 

Private, Cozy, 1 BD/1 BA Chalet, Only Mins. to Dwtn. Gatlinburg! Great permanent or 2nd home; also has great potential as an overnight rental! Located in a beautiful, wooded setting, w/a very rustic feel, giving you a real sense of mtn. living. Very spacious home, w/a Massive Main Level Great Rm, & an even larger 2nd floor Master Suite, incl. Master BD w/an in-room W/P, Master BA, & Private Laundry Rm! Only mins. to dwtn. Gatlinburg, the Nat’l Park, & the attractions; a very well-kept home in a great location! Type: Single-Family Home Location: Gatlinburg, TN Price: $139,900  For more information >

 

 

 

 

 

 

 

 

 

Private, 2 BD/2 BA Bungalow-Style Mountain Chalet Only Mins. to Gatlinburg! Made nearly $12K in rental income in 2013; has enormous rental potential, or can be a wonderful permanent or 2nd home! Each BD has own Priv. BA, closet, in-room W/P, & deck access, w/a sauna rm in Master BD. Incl. Massive Great Rm, level parking, & great seasonal, winter mtn. views. Has addt’l 1/2 acre across the street; can be used as a detached garage. Only mins. from Gatlinburg, the Nat’l Park, & Pigeon Forge. A well-decorated, spacious home at a great value! Type: Single-Family Home Location: Gatlinburg, TN Price: $199,900  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

Throughout 2014 to date, we have seen the local and national real estate markets reflecting slow, but steady, growth in several key real estate market categories. As we look at the statistics for the Great Smoky Mountain real estate market through July of 2014, we will see that such trends, particularly in the Great Smoky Mountain real estate market, continue to show the same general trends of slow, but steady, growth that we are also seeing nationally. Let’s now see what the numbers have to say for July of 2014, as compared to those one year ago, in July of 2013.

In the category of Residences Sold, we see that in comparing July of 2014 to that of July of 2013, the number of residences sold increased by 3% in terms of homes being sold, in that 42 more homes were sold as of the end of July of 2014, as opposed to July of 2013, which remains unchanged from last month, reflecting the same percentage in this statistical category. This reflects a general 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 local market does indeed continue to reflect this same general trend of steady and slow growth, with respect not just to Residences Sold, but in other real estate statistical categories.

In the category of Residential Dollar Volume from July of 2014, as opposed to July of 2013, we see an increase of 11% in terms of dollar volume through July of 2014, as compared to July of 2013, which is slightly up from last month’s increase of 10%, but continues to reflect a general upward trend in terms of Residential Dollar Volume throughout 2014 to date. This shows a continued local, as well as national, trend of relatively steady growth in terms of this category, possibly continuing to reflect the higher home prices that have been taking place for over a year or so now on a national scale.

There is also continued good news for sellers in the Average Sold Price Category. For July of 2014, as compared to that of July of 2013, average sold prices show an increase of 8%, which is an increase of 1% from that of last month, reflecting a continued trend of gradually higher average home prices on both the local & national levels, and remaining largely constant for the past year or so. As confidence continues to slowly grow in both the local and national markets, we foresee that this relatively steady trend of higher home prices will likely continue for the foreseeable future.

In addition, available homes on the market are continuing to show a slight decrease, which has also happened over the last couple of months, as well. Through July of 2014, as opposed to July of 2013, the number of available homes did decline by 1%, or reflects a decrease of 37 homes in terms of available inventory. This actually is still largely in line with the latest national real estate trends, which also shows a small decline in available home inventory on the whole. It remains unknown if this decreasing trend in available inventory will continue, but this trend certainly bears watching to see if it will, in fact, continue.

As 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 slow, but steady, growth that has been shown 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:

 

Luxurious, Beautifully-Decorated 4 BD/4 BA Log Home in Chalet Village – New Listing! Just started w/a well-managed rental program; has great potential as an overnight rental, or as a permanent or 2nd home! Has amazing views of Mt. LeConte & the Smokies, Large Living Rm, Combination Gourmet Kitchen & Dining Rm, Large Open Recreational Rm, 2 Master Suites, 2-car attached garage, relatively level parking, & much more! Has easy access to city-maintained roads & services, & only mins. to dwtn. Gatlinburg, Ober Gatlinburg, & Nat’l Park. A very luxurious & spacious home – come see it today! Type: Single-Family Home Location: Gatlinburg, TN Price: $575,000  For more information >

 

 

 

 

 

 

 

 

 

Private, Spacious 5 BD/4 BA Log Cabin, w/Incredible Mtn. Views, Only Mins. to Gatlinburg – New Listing! Made over $61K in rental income in each of the last 2 yrs.! Very spacious home, w/ incredible views of dwtn. Gatlinburg & the Smokies. Has a Large Living/Dining Rm, Den/Recreational Rm, spacious deck area, level parking, easy access to city-maintained roads & services, & much more! Only mins. from dwtn. Gatlinburg, the Nat’l Park, & City trolley stops. A great location, w/one-of-a-kind City & mtn. views & great income potential! Type: Single-Family Home Location: Gatlinburg, TN Price: $239,900  For more information >

 

 

 

 

 

 

 

 

 

Beautiful, Vintage-Style, 3 BD/3 BA Private Chalet Only Mins. to Dwtn. Gatlinburg – Just Increased! Over $26K in rental income for 2012 & 2013! Incl. great views of dwtn. Gatlinburg & the Smokies, & 2 spacious deck areas. Has Large Great Rm, spacious Loft area w/Den, Large Lower Recreational Rm, & more, along w/street-level & lower level parking areas, easy access to city-maintained roads & services, & only mins. to dwtn. Gatlinburg, City Trolley stops, & the Nat’l Park. A private, uniquely designed home close to dwtn. Gatlinburg! Type: Single-Family Home Location: Gatlinburg, TN Price: $239,000  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
Email: jason@jasonwhiteteam.com
Website: https://gatlinburgrealestateforsale.com

Through the first half of 2014, we have seen the local and national real estate markets reflecting slow, but steady, growth throughout many real estate market categories, including, but not limited to, home prices. As we look at the statistics for the Great Smoky Mountain real estate market through June of 2014, we will see that these trends, particularly in the Great Smoky Mountain real estate market, continue to show the same general trends of slow, but steady, growth that we are seeing nationally. Let’s now see what the numbers have to say for June of 2014, as compared to those one year ago, in June of 2013.

In the category of Residences Sold, we see that in comparing June of 2014 to that of June of 2013, the number of residences sold increased by 3% in terms of homes being sold, in that 44 more homes were sold as of the end of June of 2014, as opposed to June of 2013, which remains unchanged from last month, reflecting the same percentage in this statistical category. This reflects a general 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 local market does indeed continue to reflect this same general trend of steady and slow growth, with respect not just to Residences Sold, but in other real estate statistical categories, as well.

In the category of Residential Dollar Volume from June of 2014, as opposed to June of 2013, we see an increase of 10% in terms of dollar volume through June of 2014, as compared to June of 2013, which is up from last month’s increase of 8%, but continues to reflect a general upward trend in terms of Residential Dollar Volume throughout the year so far. This shows a continued local, as well as national, trend of relatively steady growth in terms of this category, possibly continuing to reflect the higher home prices that have been taking place for a year or so now on a national scale.

There is also continued good news for sellers in the Average Sold Price Category. For June of 2014, as compared to that of June of 2013, average sold prices show an increase of 7%, which is an increase of 2% from that of last month, reflecting a continued trend of gradually higher average home prices on both the local & national levels, which has remained largely constant for the past year or so. As confidence continues to slowly grow in both the local and national markets, we foresee that this relatively steady trend of higher home prices will likely continue for the foreseeable future.

In addition, available homes on the market are continuing to show a slight decrease, which has also happened over the last couple of months, as well. Through June of 2014, as opposed to June of 2013, the number of available homes remained unchanged percentage-wise, but did decrease by 23 homes in terms of available inventory in terms of actual numbers. This actually is still largely in line with the latest national real estate trends, which also shows a small decline in available home inventory on the whole, as well. It remains unknown if this decreasing trend in available inventory will continue, but this trend of decreasing inventory certainly bears watching to see if it will, in fact, continue.

As 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 slow, but steady, growth that has been shown 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, Spacious, 5 BD/4 BA Contemporary Home Located in Norton Creek, w/Amazing Views of Cove Mtn. – New Listing! Ideal as a permanent or 2nd home; also has a potential income-producing lower level apt/in-law suite. Situated on 2+ acres; home has been recently updated & remodeled, incl. Large Living Rm w/a Massive Mtn. Stone F/P, spacious Loft, fantastic Master BD/BA Suite, & more! Only mins. to Gatlinburg, Pigeon Forge, & the attractions! Very private, & well-maintained home, all set in a beautiful, wooded setting! Type: Single-Family Home Location: Gatlinburg, TN Price: $325,000  For more information >

 

 

 

 

 

 

 

Well-Maintained, Spacious, 3 BD/3 BA Log-Style Home, w/Very Large, Well-Designed Front Yard – New Listing! Ideal for a permanent or 2nd home, or as an overnight rental; w/in walking distance to nearby area schools. Home incl. Large Living Rm w/Massive F/P, Full Kitchen, spacious Loft, complete w/Private Master BD/BA Suite & Den, & 2 large decks,, along w/easy access to city-maintained roads & services. Also only mins. to dwtn. Gatlinburg & the attractions; very spacious & well-maintained home – come see it! Type: Single-Family Home Location: Gatlinburg, TN Price: $295,000  For more information >

 

 

 

 

 

 

 

Very Quiet, Private, 3 BD/2.5 BA, Contemporary Ranch-Style Home w/Backyard Views of Mt. LeConte & the Smokies – New Listing! Ideal permanent or 2nd home, & is move-in ready, w/new wraparound deck, new A/C, new roof, & updated kitchen. Incl. nearly 1 acre of land; has Large Living/Dining Rm, spacious Sunrm, & Breakfast Rm/Nook. Adj. to Gatlinburg’s Arts & Crafts Comm.; only mins. to dwtn. Gatlinburg. Great home; lots of privacy, peace & quiet – come see it! Type: Single-Family Home Location: Gatlinburg, TN Price: $264,900  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

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