January 2019 Market Report

Posted by Gatlin on

Sevier County Market Report for January 2019

January 2019 Market Report Homes

 

Sevier County Homes

129 homes sold in Sevier County in January of 2019.
145 homes sold in January of 2018.
Sales are down 11%.
Average price has increased by 26% and is up by $61,000.
Average price is $290,560.
Available Inventory is down 17%, but Volume up by 13%.

Gatlinburg

17 homes sold in Gatlinburg in January of 2019.
28 homes sold in January of 2018.
Sales are down by 39%.
Average price has increased by 49% and is up by $105,000.
Average price is $319,279.
Available Inventory is down 33%, and Volume down by 9%.

Pigeon Forge

26 homes sold in Pigeon Forge in January of 2019.
29 homes sold in January of 2018.
Sales are down 10%.
Average price has increased by 61% and is up by $147,000.
Average price is $389,310.
Available Inventory is down 32%, and Volume up by 44%.

Sevierville

37 homes sold in Sevierville in January of 2019.
39 homes sold in January of 2018.
Sales are down 5%.
Average price has increased by 6% and is up by $13,000.
Average price is $248,629.
Available Inventory is down 10%,  and Volume is flat.

Douglas Lake

3 homes sold on Douglas Lake in January of 2019.
6 homes sold in January of 2018.
Sales are down 50%.
Average price has increased by 11%, and is up by $17,000.
Average price is $183,333.
Available Inventory is up 2%, and Volume down by 45%.

Wears Valley

7 homes sold in Wears Valley in January of 2019.
10 homes sold in January of 2018.
Sales are down 30%.
Average price has decreased by 1% and is down by $4,000.
Average price is $300,142.
Available Inventory is down 27%, and Volume down by 31%.

Seymour

8 homes sold in Seymour in January of 2019.
10 homes sold in January of 2018.
Sales are down by 20%.
Average price has increased by 36% and is up by $70,000.
Average price is $266,137.
Available Inventory is up 5%, and Volume up by 9%

 

January 2019 Market Report - Lots

 

Sevier County Lots

34 lots sold in Sevier County in January of 2019.
32 lots sold in January of 2018.
Sales are up by 6%.
Average price has increased by 15% and is up by $10,000.
Average price is $78,947.
Available Inventory is down 14%, and Volume up by 22%.

Gatlinburg

8 lots sold in Gatlinburg in January of 2019.
5 lots sold in January of 2018.
Sales are up 60%.
Average price has decreased by 9% and is down by $2,000.
Average price is $25,062.
Available Inventory is down by 2%, and Volume up by 46%.

Chalet Village

4 lots sold in Chalet Village in January of 2019.
3 lots sold in January of 2018.
Sales are up 33%.
Average price has increased by 31% and is up by $49,000.
Average price is $52,475.
Available Inventory is down by 28%, and Volume up by 31%.

Pigeon Forge

1 lots sold in Pigeon Forge in January of 2019.
2 lots sold in January of 2018.
Sales are down by 50%.
Average price has decreased by 41% and is down by $37,000.
Average price is $55,000.
Available Inventory is down 16%, and Volume down by 70%.

Sevierville

6 lots sold in Sevierville in January of 2019.
9 lots sold in January of 2018.
Sales are down by 33%.
Average price has increased by 402% and is up by $109,000.
Average price is $238,333.
Available Inventory is down by 7%, and Volume up by 235%.
* A 90 acre lot sold for $914,000 this month.

Douglas Lake

No lots were sold on Douglas lake this month. 

Wears Valley

3 lots sold in Wears Valley in January of 2019.
2 lots sold in January of 2018.
Sales are down 50%.
Average price has increased by 19% and is up by $9,000.
Average price is $56,000.
Available Inventory is down 28%, and Volume up by 79%

You can find previous Market Reports here.