Market Report for Sevier County – June 2019

Market Report for Sevier County, TN in June 2019

Sevier County Homes

1036 homes sold in Sevier County during January and June of 2019.
1049 homes sold during January and June of 2018.
Sales are down 1%.
Average price has increased by 12% and is up by $29,000.
Average price is $280,374.
Available Inventory is down 10%, and Volume up by 10%.

Gatlinburg

157 homes sold in Gatlinburg during January and June of 2019.
181 homes sold during January and June of 2018.
Sales are down by 13%.
Average price has increased by 15% and is up by $38,000.
Average price is $286,291.
Available Inventory is down 20%, and Volume flat.

Pigeon Forge

179 homes sold in Pigeon Forge during January and June of 2019.
203 homes sold during January and June of 2018.
Sales are down by 12%.
Average price has increased by 8% and is up by $18,000.
Average price is $248,500.
Available Inventory is down 12%, and Volume up by 12%.

Sevierville

322 homes sold in Sevierville during January and June of 2019.
323 homes sold during January and June of 2018.
Sales are flat.
Average price is up by 2%.
Average price is $255,817.
Available Inventory is down 6%,  and Volume up 1%.

Wears Valley

58 homes sold in Wears Valley during January and June of 2019.
65 homes sold during January and June of 2018.
Sales are down by 11%.
Average price has increased by 26% and is up by $75,000.
Average price is $367,733.
Available Inventory is down 18%, and Volume up 12%.

Douglas Lake

30 homes sold in Wears Valley during January and June of 2019.
22 homes sold during January and June of 2018.
Sales are up 36%.
Average price has increased by 37% and is up by $77,000.
Average price is $286,053.
Available Inventory is down 1%,  and Volume up 96%

Sevier County Lots

325 lots sold in Sevier County during January and June of 2019.
285 lots sold during January and June of 2018.
Sales are up by 14%.
Average price has increased by 12% and is up by $6,000.
Average price is $60,089.
Available Inventory is down 12%, but Volume up by 28%.

Gatlinburg

89 lots sold in Gatlinburg during January and June of 2019.
56 lots sold during January and June of 2018.
Sales are up by 59%.
Average price has increased by 43% and is up by $17,000.
Average price is $56,226.
Available Inventory is down 2%, and Volume up by 128%.

Chalet Village

29 lots sold in Chalet Village during January and June of 2019.
19 lots sold during January and June of 2018.
Sales are up by 53%.
Average price is up by 1%
Average price is $51,412.
Available Inventory is up 1%, and Volume up 54%.

Pigeon Forge

41 lots sold in Pigeon Forge during January and June of 2019.
39 lots sold during January and June of 2018.
Sales are up 5%.
Average price has increased by 53% and is up by $22,163.
Average price is $64,257.
Available Inventory is down 17%, and Volume up by 60%.