Some Areas of Smoky Mountain Homes Are Red Hot!!

When evaluating Gatlinburg real estate for sale, or other locations within the East Tennessee Smokies, it is crucial to rely on experienced expertise.  The seasoned advise of a true professional can literally save you a lot of money when shopping for property.  This week’s blog relies on data compiled by the Great Smoky Mountains Association of Realtors.  The GSMAR material evaluates residential sales figures across the region covered by their membership.  Residential sales for this blog are composed of; single family homes, condo’s, townhouses, and co-ops.  Our resources material shows that some areas within Great Smoky Mountain Association of Realtors are way ahead of this time frame one year earlier, while other locations have seriously declined.  In some aspects of property purchase, location becomes far more critical.  For instance, if one wants a residence for rental purposes or short-term investment, then the location becomes more crucial than a long-term purchase.  Be sure to define your real estate objectives and share these with your realtor so they can help you fulfill your property goals. 

In the category of Total Residence Sold, 2011 lags 2010 year to date by 100 (959 vs 1,059) or off by 9%.

For Total Dollar Volume Sold, 2010 again leads 2011 through the end of August by 10%. 2010 is $22,801,505.00 ahead in residential dollar volume over 2011.

In Average Residence Sold, 2011 narrowly lost out to 2010 YTD by $5,962.00 or 3%.

However, in the category of Active Listings 2011 leads 2010 by 563 or 10%.

Our blogs have long emphasized that real estate sales across this great nation have been skewed by government stimulus and other forces.  With current economic challenges at work, sales are resilient.  As we stated initially some areas are ahead of 2010 in their residential sales.  Clearly define your property purchase objectives and share these with your real estate professionals.  In this way, they can assist you to maximize your dreams. Contact us today!!

Here are a Few of My New Listings:

Breathtaking Mountain Views!!!!!
Enjoy the breathtaking mountain views from this chalet. Located close to town of Gatlinburg for all you shopping and dining adventures, yet private and quiet for your relaxation. Greenbrier River and Greenbrier entrance to the Nat’l Park just minutes away
Type: Single Family Home
Location: Pittman Center, TN
Price: $339,900
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Furnished With Incredible Mountain Views
Great Rental History-2010 of $27,121. Mountain log home located near the Arts and Crafts Community of Gatlinburg and only minutes to downtown. Three master suites, lots of windows to enjoy the great mountain views, hardwood floors, & cathedral ceilings.
Type: Single Family Home
Location: Gatlinburg ,Tennessee
Price: $239,900
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Beautiful Ridge Top Property! Great Deal
Beautiful ridge top property with level building site. Clear a few trees to have a wonderful mountain view. Gravel driveway to the top of the ridge. VERY MOTIVATED SELLERS!
Type: Land
Location: Gatlinburg, Tennessee
Price: $70,000
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