Below you will find the Sevier County Market Report for August 2018.
Sevier County
1382 homes sold in Sevier County from January to August in 2018.
1619 homes sold in 2017.
Sales are down 15%.
Average price has increased by 8% and is up by $19,000.
Average price is $248,780.
Available Inventory is down 20%, but Volume only down by 7%.
Gatlinburg
241 homes sold in Gatlinburg from January to August in 2018.
238 homes sold in 2017.
Sales are up 1%.
Average price has increased by 15% and is up by $33,000.
Average price is $251,436
Available Inventory is down 10%, and Volume up by 17%.
Pigeon Forge
260 homes sold in Pigeon Forge from January to August in 2018.
284 homes sold in 2017.
Sales are down 8%.
Average price has increased by 11% and is up by $25,000.
Average price is $259,638.
Available Inventory is down 26%, and Volume up by 1%.
Sevierville
407 homes sold in Sevierville from January to August in 2018.
472 homes sold in 2017.
Sales are down 14%.
Average price has increased by 12% and is up by $25,000.
Average price is $243,025
Available Inventory is down 21%, but Volume down by only 4%.
Douglas Lake
43 homes sold in Sevierville from January to August in 2018.
48 homes sold in 2017.
Sales are down 10%.
Average price has decreased by 10% and is down by $31,000.
Average price is $271,580.
Available Inventory is down 14%, and Volume down by 20%.
Wears Valley
92 homes sold in Wears Valley from January to August in 2018.
138 homes sold in 2017.
Sales are down 33%.
Average price has increased by 6% and is up by $16,000.
Average price is $304,385.
Available Inventory is down 30%, and Volume down by the same.
Seymour
112 homes sold in Seymour from January to August in 2018.
110 homes sold in 2017.
Sales are up 2%.
Average price has increased by 6% and is up by $12,000.
Average price is $208,182.
Available Inventory is down 7%, and Volume up by 8%
Sevier County
323 lots sold in Sevier County from January to August in 2018.
364 lots sold in 2017.
Sales are down by 11%.
Average price has increased by 11% and is up by $4,000.
Average price is $45,645.
Available Inventory is down 7%, and Volume down by 2%.
Gatlinburg
62 lots sold in Gatlinburg from January to August in 2018.
95 lots sold in 2017.
Sales are down 35%.
Average price has increased by 7% and is up by $2000.
Average price is $37,672.
Available Inventory is down by 1%, and Volume down by 30%.
Chalet Village
27 lots sold in Chalet Village from January to August in 2018.
24 lots sold in 2017.
Sales are up 12%.
Average price has increased by 46% and is up by $17,000.
Average price is $56,855.
Available Inventory is up by 6%, and Volume up by 64%.
Pigeon Forge
48 lots sold in Pigeon Forge from January to August in 2018.
37 lots sold in 2017.
Sales are up 30%.
Average price has decreased by 26% and is down by $15,000.
Average price is $44,379.
Available Inventory is down 4%, and Volume down by the same.
Sevierville
75 lots sold in Sevierville from January to August in 2018.
72 lots sold in 2017.
Sales are up 4%.
Average price has increased by 9% and is up by $3,000.
Average price is $39,417.
Available Inventory is up by 1%, and Volume up by 14%.
Douglas Lake
16 lots sold on Douglas Lake from January to August in 2018.
13 lots sold in 2017.
Sales are up 23%.
Average price has increased by 74% and is up by $44,000.
Average price is $103,618.
Available Inventory is down 3%, but Volume up by 115%.
Wears Valley
24 lots sold in Wears Valley from January to August in 2018.
41 lots sold in 2017.
Sales are down 41%.
Average price has increased by 9% and is up by $3,000.
Average price is $47,433
Available Inventory is down 17%, and Volume down by 36%.