Average price saw a slight bump to $689,422 during February, compared to January at $685,047.

Days on market saw a sizeable reduction to 64 days on the market in February, compared to January at 84 days on the market.

Price per square foot saw a bit of a bump during February at $373, compared to $361 during January.

 

Interesting to note, during February 2 of the 3 condos sold within less than 10 days. Both of these are located on the Parkway, one in Pigeon Forge and one in Gatlinburg.

 

The average price for land/lots during February was $102,283, which is a bit lower than we saw during February of last year at $120,758.

Lots that sold in February spent an average of 92 days on the market, which is a pretty large reduction compared to January at 146 days on the market.