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    August 2019

    Sevier County Real Estate Market Report for August 2019

    Sevier County Market Report for Land, September 2019, Infographic

    Sevier County Homes

    1434 homes sold in Sevier County during January through August of 2019.
    1433 homes sold during January through August of 2018.
    Sales are flat.
    Average price has increased by 11% and is up by $28,000.
    Average price is $282,964.
    Available Inventory is down 7%, and Volume up by 11%.

    Gatlinburg

    223 homes sold in Gatlinburg during January through August of 2019.
    244 homes sold during January through August of 2018.
    Sales are down by 9%.
    Average price has increased by 14% and is up by $36,000.
    Average price is $291,324.
    Available Inventory is down 14%, and Volume is up 4%.

    Pigeon Forge

    242 homes sold in Pigeon Forge during January through August of 2019.
    273 homes sold during January through August of 2018.
    Sales are down by 11%.
    Average price has increased by 23% and is up by $63,000.
    Average price is $342,976.
    Available Inventory is down 5%, and Volume up by 9%.
    *7 homes have been sold for over $1M in Pigeon Forge this year. 

    Sevierville

    443 homes sold in Sevierville during January through August of 2019.
    422 homes sold during January throughAugust of 2018.
    Sales are up by 5%.
    Average price is up by 3%.
    Average price is $255,226.
    Available Inventory is down 4%,  and Volume up 8%.

    Wears Valley

    80 homes sold in Wears Valley during January through August of 2019.
    95 homes sold during January through August of 2018.
    Sales are down by 16%.
    Average price has increased by 17% and is up by $52,000.
    Average price is $358,988.
    Available Inventory is down 14%, and Volume down by 1%.

    Douglas Lake

    48 homes sold on Douglas Lake during January through August of 2019.
    44 homes sold during January through August of 2018.
    Sales are up 9%.
    Average price has increased by 15% and is up by $42,000.
    Average price is $318,444.
    Available Inventory is down 5%, and Volume up 26%

     

    Sevier County Market Report for Homes, August 2019, Infographic

    Sevier County Lots

    451 lots sold in Sevier County during January through August of 2019.
    366 lots sold during January through August of 2018.
    Sales are up by 23%.
    Average price has increased by 13% and is up by $7,000.
    Average price is $62,169.
    Available Inventory is down 9%, but Volume up by 40%.

    Gatlinburg

    123 lots sold in Gatlinburg during January through August of 2019.
    67 lots sold during January through August of 2018.
    Sales are up by 84%.
    Average price has increased by 33% and is up by $13,000.
    Average price is $55,065.
    Available Inventory is down 2%, and Volume up by 145%.

    Chalet Village

    37 lots sold in Chalet Village during January through August of 2019.
    28 lots sold during January through August of 2018.
    Sales are up by 32%.
    Average price is up down by 6% and is down by $3,000.
    Average price is $52,590.
    Available Inventory is up 1%, and Volume up 24%.

    Pigeon Forge

    52 lots sold in Pigeon Forge during January through August of 2019.
    48 lots sold during January through August of 2018.
    Sales are up 8%.
    Average price has increased by 37% and is up by $16,000.
    Average price is $60,722.
    Available Inventory is down 19%, and Volume up by 48%.

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