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%.