Check out the current market report for August!

August 2021 Sevier County Real Estate Market Report for Homes

Average price rose by over $200,000 during the month of August this year compared to last!
Average days on market decreased by 31% compared to last year.
36% more homes sold during the month of August in 2021 than in 2020, for an increase of 69 homes!

 

 

 

August 2021 Sevier County Real Estate Market Report for Land

The number of lots sold is up 5% in 2021!
Average Price rose by 119% from $143,961 to $65,609!

 

 

Check out the current market report for June!

Average price rose by 58% from $353,398 to $561,284 this year!
Average days on market decreased by 29% compared to last year.
54% more homes sold during the month of June in 2021 than in 2020.

 

 

Land

Number of lots sold is up 76% in 2021!
Average Price rose by 18%!

 

 

 

May Market Report

Check out the current market report for May!

Average days on market decreased by 20% compared to last year. Average price rose by 86% from $301,144 to $562,510 this year!

 

 

Land

Check out the market report for April!

Total residential average price rose by 72% while average days on market decreased by 33% in 2021 compared to 2020.

 

 

Check out the graphs depicting the average price growth during 2021.

 

Residential Summary

• Residential sales increase 23%
• Average Price increased 36%
• Days on Market decreased by 27%

Land Summary

• Land sales increased by 93%
• Average Price increased by 72%
• Days on Market increased 11%

2020 Year-End Real Estate Market Statistics specific to residential sales in Sevierville.

 

Average Price per Square Foot

Note the increase during the last quarter of the year.

 

Days on Market

Notice the drastic drop during November and December.

 

 

2020 Year-End Real Estate Market Statistics specific to residential sales in Pigeon Forge

Average Price per Square Foot

Notice the spike in average price per square foot during March and September.
Average price stayed between $180 and $220 throughout the remainder of the year.

 

 

Days on Market

Days on market dipped from February to May and peaked during October and November.

 

 

Gatlinburg Information

Average Price

Despite the outlier in June – notice the increase during the 4th quarter.

 

Days on Market

Despite the outlier in July – days on market stayed relatively close to 100 days during 2020.

 

Below is the market report for December. Next week we’ll share a year-end report. The year-end report will provide yearly graphs focusing on days on market and average price.

Residential

 

 

Land

 

Residential

Average price has risen by 24% and by approximately $75,000 year to date.

 

Land