Market Movement During May 2020

Many things are uncertain right now and although we cannot predict what the future holds, we would like to provide you with some information about market movement during the month of May.

 

May 2020 Residential Real Estate Market Statistics
May 2020 Residential Real Estate Market Statistics

 

May 2020 Land Real Estate Market Statistics
May 2020 Land Real Estate Market Statistics

 

Year End Market Movement

Year to Date April 2020 Residential Market Statistics
Year to Date April 2020 Residential Market Statistics

 

Year to Date April 2020 Land Market Statistics
Year to Date April 2020 Land Market Statistics

April 2020 Real Estate Market Statistics

Many things are uncertain right now and although we cannot predict what the future holds, we would like to provide you with some information about market movement during the month of April.

April 2020 Residential Market Statistics
April 2020 Residential Market Statistics

 

April 2020 Land Market Statistics
April 2020 Land Market Statistics

 

March 2020 Sevier County Real Estate Market Statistics

Many things are uncertain right now and although we cannot predict what the future holds, we would like to provide you with some information about market movement during the month of March.

March 2020 Residential Market Statistics
March 2020 Residential Market Statistics
March 2020 Land Real Estate Statistics
March 2020 Land Real Estate Statistics

 

We would also like to provide information about  year to date market movement.

 

Year to Date Residential Market Statistics
Year to Date Residential Market Statistics
Year to Date Land Market Statistics
Year to Date Land Market Statistics

February 2020 Sevier County Real Estate Market Statistics

February 2020 Homes in Sevier County TN
February 2020 Homes in Sevier County TN

Sevier County Homes

354 homes sold in Sevier County during January and February of 2020.
282 homes sold during January and February of 2019.
Sales are up 26%.
Average price has increased by 18% and is up by $50,000.
Average price is $333,410.
Available Inventory is down 2%, and Volume up by 48%.

 

Gatlinburg

63 homes sold in Gatlinburg during January and February of 2020.
39 homes sold during January and February of 2019.
Sales are up by 62%.
Average price has increased by 16% and is up by $45,000.
Average price is $329,914.
Available Inventory is up 26%, and Volume is up 87%.

 

Pigeon Forge

79  homes sold in Pigeon Forge during January and February of 2020.
58 homes sold during January and February of 2019.
Sales are up 36%.
Average price has decreased by 2% and is down by $26,000.
Average price is $360,999.
Available Inventory is down 12%, and Volume up by 27%.

 

Sevierville

108 homes sold in Sevierville during January and February of 2020.
86 homes sold during January and February of 2019.
Sales are up by 26%.
Average price is up by 30%, and is up by $70,000
Average price is $306,708.
Available Inventory is up 3%,  and Volume up 63%.

 

Wears Valley

25 homes sold in Wears Valley during January and February of 2020.
16 homes sold during January and February of 2019.
Sales are up by 56%.
Average price has increased by 32% and is up by $100,000.
Average price is $418,568.
Available Inventory is up 47%, and Volume has more than doubled.

 

Douglas Lake

4 homes sold on Douglas Lake during January and February of 2020.
7 homes sold during January and February of 2019.
Sales are down 43%.
Average price has increased by 65% and is up by $155,000.
Average price is $395,651.
Available Inventory is down 38%, and down up by 6%

 

 

 

February 2020 Real Estate Market Statistics - Land
February 2020 Real Estate Market Statistics – Land

 

Sevier County Lots

110 lots sold in Sevier County during January and February of 2020.
94 lots sold during January and February of 2019.
Sales are up by 17%.
Average price has decreased by 12% and is down by $6,000.
Average price is $51,255.
Available Inventory is down 16%, and Volume up by 3%.

Gatlinburg

18 lots sold in Gatlinburg during January and February of 2020.
25 lots sold during January and February of 2019.
Sales are down by 28%.
Average price has decreased by 9% and is up by $3,000.
Average price is $39,361.
Available Inventory is down 23%, and Volume down by 34%.

 

Chalet Village

8 lots sold in Chalet Village during January and February of 2020.
9 lots sold during January and February of 2019.
Sales are down by 11%.
Average price is up by 27% and is up by $13,000.
Average price is $59,687.
Available Inventory is down by 7%, and Volume up by 13%.

 

Pigeon Forge

10 lots sold in Pigeon Forge during January and February of 2020.
14 lots sold during January and February of 2019.
Sales are down by 29%.
Average price is flat.
Average price is $23,130.
Available Inventory is down 35%, and Volume down by 29%.

January 2020 Sevier County Real Estate Market Statistics

Real Estate Market Statistics for January 2020
Real Estate Market Statistics for January 2020

 

Sevier County Homes

183 homes sold in Sevier County during January of 2020.
145 homes sold during January of 2019.
Sales are up 26%.
Average price has increased by 17% and is up by $49,000.
Average price is $337,135.
Available Inventory is down 2%, and Volume up by 48%.

Gatlinburg

36 homes sold in Gatlinburg during January of 2020.
18 homes sold during January of 2019.
Sales doubled.
Average price has increased by 4% and is up by $12,000.
Average price is $328,759.
Available Inventory is up 24%, and Volume is up 108%.

Pigeon Forge

41 homes sold in Pigeon Forge during January of 2020.
29 homes sold during January of 2019.
Sales are up 41%.
Average price has decreased by 9% and is down by $35,000.
Average price is $367,261.
Available Inventory is up 12%, and Volume up by 29%.

Sevierville

53 homes sold in Sevierville during January of 2020.
43 homes sold during January of 2019.
Sales are up by 23%.
Average price is up by 35%, and is up by $82,000
Average price is $318,835.
Available Inventory is up 1%,  and Volume up 66%.

Wears Valley

11 homes sold in Wears Valley during January of 2020.
139 homes sold during January of 2019.
Sales are down by 15%.
Average price has increased by 18% and is up by $56,000.
Average price is $369,809.
Available Inventory is down 3%, and Volume is flat.

Douglas Lake

4 homes sold on Douglas Lake during January of 2020.
3 homes sold during January of 2019.
Sales are up 33%.
Average price has increased by 116% and is up by $212,000.
Average price is $395,651.
Available Inventory is down 30%, and Volume up by 188%

 

 

Land - Real Estate Market Statistics for January 2020
Land – Real Estate Market Statistics for January 2020

 

Sevier County Lots

47 lots sold in Sevier County during January of 2020.
42 lots sold during January of 2019.\
Sales are up by 12%.
Average price has decreased by 35% and is down by $25,000.
Average price is $47,140.
Available Inventory is down 14%, and Volume down by 27%.

Gatlinburg

7 lots sold in Gatlinburg during January of 2020.\
10 lots sold during January of 2019.
Sales are down by 30%.
Average price has increased by 69% and is up by $17,000.
Average price is $43,857.
Available Inventory is down 23%, and Volume up by 19%.

Chalet Village

2 lots sold in Chalet Village during January of 2020.
5 lots sold during January of 2019.
Sales are down by 60%.
Average price is down by 28% and is down by $13,000.
Average price is $36,000.
Available Inventory is down by 10%, and Volume down by 71%.

Pigeon Forge

5 lots sold in Pigeon Forge during January of 2020.
3 lots sold during January of 2019.
Sales are up 67%.
Average price has increased by 32% and is up by $26,000.
Average price is $22,360.
Available Inventory is down 35%, and Volume up by 32%.

December 2019 Real Estate Market Statistics

December 2019 Real Estate Market Statistics

 

Sevier County Homes

2181 homes sold in Sevier County from January to December of 2019.
2085 homes sold from January to December of 2018.
Sales are up 5%.
Average price has increased by 12% and is up by $29,000.
Average price is $289,255.
Available Inventory is down 3%, and Volume up by 17%.

 

Gatlinburg

352 homes sold in Gatlinburg from January to December of 2019.
347 homes sold from January to December of 2018.
Sales are up by 1%.
Average price has increased by 18% and is up by $45,000.
Average price is $305,174.
Available Inventory is down 4%, and Volume is up 19%.

 

Pigeon Forge

378 homes sold in Pigeon Forge from January to December of 2019.
395 homes sold from January to December of 2018.
Sales are down by 4%.
Average price has increased by 17% and is up by $49,000.
Average price is $338,198.
Available Inventory is flat, and Volume up by 12%.
*7 homes have been sold for over $1M in Pigeon Forge this year.

 

Sevierville

668 homes sold in Sevierville from January to December of 2019.
612 homes sold from January to December of 2018.
Sales are up by 9%.
Average price is up by 3%.
Average price is $260,531.
Available Inventory is up 2%,  and Volume up 13%.

 

Wears Valley

118 homes sold in Wears Valley from January to December of 2019.
139 homes sold from January to December of 2018.
Sales are down by 15%.
Average price has increased by 18% and is up by $56,000.
Average price is $369,809.
Available Inventory is down 3%, and Volume is flat.

 

Douglas Lake

63 homes sold on Douglas Lake from January to December of 2019.
59 homes sold from January to December of 2018.
Sales are up 7%.
Average price has increased by 11% and is up by $33,000.
Average price is $344,068.
Available Inventory is down 9%, and Volume up 18%

 

 

December 2019 Real Estate Market Statistics - Land

 

Sevier County Lots

676 lots sold in Sevier County from January to December of 2019.
558 lots sold from January to December of 2018.
Sales are up by 21%.
Average price has increased by 18% and is up by $9,000.
Average price is $64,099.
Available Inventory is down 7%, but Volume up by 43%.

Gatlinburg

159 lots sold in Gatlinburg from January to December of 2019.
108 lots sold from January to December of 2018.
Sales are up by 39%.
Average price has increased by 39% and is up by $16,000.
Average price is $59,360.
Available Inventory is down 4%, and Volume up by 104%.

 

Chalet Village

50 lots sold in Chalet Village from January to December of 2019.
41 lots sold from January to December of 2018.
Sales are up by 22%.
Average price is up by 28% and is up by $13,000.
Average price is $61,465.
Available Inventory is up 3%, and Volume up 56%.

 

Pigeon Forge

81 lots sold in Pigeon Forge from January to December of 2019.
57 lots sold from January to December of 2018.
Sales are up 42%.
Average price has increased by 30% and is up by $13,000.
Average price is $56,639.
Available Inventory is down 13%, and Volume up by 85%.

Sevier County, TN Housing Market Statistics for November 2019

Sevier County Market Report for Homes November 2019

Sevier County Homes

1987 homes sold in Sevier County from January to November of 2019.
1964 homes sold from January to November of 2018.
Sales are up 1%.
Average price has increased by 11% and is up by $29,000.
Average price is $288.896.
Available Inventory is down 3%, and Volume up by 13%.

Gatlinburg

309 homes sold in Gatlinburg from January to November of 2019.
326 homes sold from January to November of 2018.
Sales are down by 5%.
Average price has increased by 19% and is up by $49,000.
Average price is $308,482.
Available Inventory is down 5%, and Volume is up 13%.

Pigeon Forge

349 homes sold in Pigeon Forge from January to November of 2019.
375 homes sold from January to November of 2018.
Sales are down by 7%.
Average price has increased by 18% and is up by $51,000.
Average price is $338,487.
Available Inventory is down 2%, and Volume up by 10%.
*7 homes have been sold for over $1M in Pigeon Forge this year.

Sevierville

608 homes sold in Sevierville from January to November of 2019.
579 homes sold from January to November of 2018.
Sales are up by 5%.
Average price is up by 3%.
Average price is $259,838.
Available Inventory is down 1%,  and Volume up 8%.

Wears Valley

107 homes sold in Wears Valley from January to November of 2019.
132 homes sold from January to November of 2018.
Sales are down by 19%.
Average price has increased by 15% and is up by $46,000.
Average price is $361,854.
Available Inventory is down 5%, and Volume down by 7%.

Douglas Lake

63 homes sold on Douglas Lake from January to November of 2019.
58 homes sold from January to November of 2018.
Sales are up 9%.
Average price has increased by 10% and is up by $30,000.
Average price is $344,068.
Available Inventory is down 5%, and Volume up 19%

 

 

 

Sevier-County-Market Report for Land November 2019.
Sevier-County-Market Report for Land November 2019.

 

Sevier County Lots

626 lots sold in Sevier County from January to November of 2019.
508 lots sold from January to November of 2018.
Sales are up by 23%.
Average price has increased by 23% and is up by $11,000.
Average price is $64,132.
Available Inventory is down 8%, but Volume up by 51%.Gatlinburg

149 lots sold in Gatlinburg from January to November of 2019.
99 lots sold from January to November of 2018.
Sales are up by 51%.
Average price has increased by 31% and is up by $12,000.
Average price is $54,402.
Available Inventory is down 5%, and Volume up by 97%.

Chalet Village

45 lots sold in Chalet Village from January to November of 2019.
37 lots sold from January to November of 2018.
Sales are up by 22%.
Average price is up by 21% and is up by $10,000.
Average price is $59,338.
Available Inventory is up 3%, and Volume up 48%.

Pigeon Forge

74 lots sold in Pigeon Forge from January to November of 2019.
56 lots sold from January to November of 2018.
Sales are up 32%.
Average price has increased by 37% and is up by $16,000.
Average price is $60,323.
Available Inventory is down 14%, and Volume up by 81%.

Sevier County, TN Real Estate Trends – October 2019

Sevier County Market Report for Homes October 2019

 

Sevier County Homes

1803 homes sold in Sevier County during January and October of 2019.
1785 homes sold during January and October of 2018.
Sales are up 1%.
Average price has increased by 11% and is up by $27,000.
Average price is $285,253.
Available Inventory is down 5%, and Volume up by 12%.

Gatlinburg

282 homes sold in Gatlinburg during January and October of 2019.
291 homes sold during January and October of 2018.
Sales are down by 3%.
Average price has increased by 17% and is up by $44,000.
Average price is $298,910.
Available Inventory is down 7%, and Volume is up 14%.

Pigeon Forge

305 homes sold in Pigeon Forge during January and October of 2019.
335 homes sold during January and October of 2018.
Sales are down by 9%.
Average price has increased by 18% and is up by $52,000.
Average price is $339,830.
Available Inventory is down 4%, and Volume up by 8%.
*7 homes have been sold for over $1M in Pigeon Forge this year.

Sevierville

549 homes sold in Sevierville during January and October of 2019.
537 homes sold during January and October of 2018.
Sales are up by 2%.
Average price is up by 2%.
Average price is $257,512.
Available Inventory is down 2%,  and Volume up 4%.

Wears Valley

100 homes sold in Wears Valley during January and October of 2019.
121 homes sold during January and October of 2018.
Sales are down by 17%.
Average price has increased by 15% and is up by $46,000.
Average price is $355,794.
Available Inventory is down 7%, and Volume down by 5%.

Douglas Lake

57 homes sold on Douglas Lake during January and October of 2019.
52 homes sold during January and October of 2018.
Sales are up 10%.
Average price has increased by 15% and is up by $44,000.
Average price is $337,514.
Available Inventory is down 5%, and Volume up 26%

 

 

Sevier County Market Report for Homes October 2019

 

Sevier County Lots

570 lots sold in Sevier County during January and October of 2019.
456 lots sold during January and October of 2018.
Sales are up by 25%.
Average price has increased by 21% and is up by $11,000.
Average price is $63,890.
Available Inventory is down 8%, but Volume up by 51%.

Gatlinburg

142 lots sold in Gatlinburg during January and October of 2019.
87 lots sold during January and October of 2018.
Sales are up by 63%.
Average price has increased by 27% and is up by $11,000.
Average price is $53,873.
Available Inventory is down 1%, and Volume up by 108%.

Chalet Village

45 lots sold in Chalet Village during January and October of 2019.
36 lots sold during January and October of 2018.
Sales are up by 25%.
Average price is up by 19% and is up by $9,000.
Average price is $59,338.
Available Inventory is up 3%, and Volume up 49%.

Pigeon Forge

69 lots sold in Pigeon Forge during January and September of 2019.
51 lots sold during January and October of 2018.
Sales are up 35%.
Average price has increased by 46% and is up by $19,000.
Average price is $61,926.
Available Inventory is down 15%, and Volume up by 97%.

September 2019 Market Report

Sevier County Homes

1600 homes sold in Sevier County during January and September of 2019.
1589 homes sold during January and August of 2018.
Sales are up 1%.
Average price has increased by 10% and is up by $26,000.
Average price is $283,467.
Available Inventory is down 6%, and Volume up by 11%.

Gatlinburg

254 homes sold in Gatlinburg during January and September of 2019.
256 homes sold during January and August of 2018.
Sales are down by 1%.
Average price has increased by 16% and is up by $39,000.
Average price is $294,461.
Available Inventory is down 14%, and Volume is up 4%.

Pigeon Forge

270 homes sold in Pigeon Forge during January and September of 2019.
303 homes sold during January and August of 2018.
Sales are down by 11%.
Average price has increased by 22% and is up by $62,000.
Average price is $346,731.
Available Inventory is down 5%, and Volume up by 9%.
*7 homes have been sold for over $1M in Pigeon Forge this year. 

Sevierville

491 homes sold in Sevierville during January and September of 2019.
477 homes sold during January and August of 2018.
Sales are up by 3%.
Average price is up by 1%.
Average price is $254,928.
Available Inventory is down 4%,  and Volume up 4%.

Wears Valley

88 homes sold in Wears Valley during January and September of 2019.
106 homes sold during January and August of 2018.
Sales are down by 17%.
Average price has increased by 15% and is up by $45,000.
Average price is $356,341.
Available Inventory is down 12%, and Volume down by 5%.

Douglas Lake

52 homes sold on Douglas Lake during January and September of 2019.
49 homes sold during January and August of 2018.
Sales are up 6%.
Average price has increased by 17% and is up by $47,000.
Average price is $327,275.
Available Inventory is down 6%, and Volume up 24%

Sevier County Lots

491 lots sold in Sevier County during January and September of 2019.
413 lots sold during January and August of 2018.
Sales are up by 19%.
Average price has increased by 15% and is up by $8,000.
Average price is $62,115.
Available Inventory is down 9%, but Volume up by 37%.

Gatlinburg

128 lots sold in Gatlinburg during January and September of 2019.
76 lots sold during January and August of 2018.
Sales are up by 68%.
Average price has increased by 27% and is up by $11,000.
Average price is $54,570.
Available Inventory is down 1%, and Volume up by 144%.

Chalet Village

39 lots sold in Chalet Village during January and September of 2019.
29 lots sold during January and August of 2018.
Sales are up by 34%.
Average price is up by 4% and is up by $1,000.
Average price is $56,814.
Available Inventory is flat, and Volume up 39%.

Pigeon Forge

54 lots sold in Pigeon Forge during January and September of 2019.
51 lots sold during January and August of 2018.
Sales are up 6%.
Average price has increased by 41% and is up by $17,000.
Average price is $60,047.
Available Inventory is down 18%, and Volume up by 50%.