July 2019

    Sevier County Market Statistics – July 2019

    Sevier County Market Report for Homes, July 2019, Infographic

    Sevier County Homes

    1215 homes sold in Sevier County during January through July of 2019.
    1231 homes sold during January through July of 2018.
    Sales are down 1%.
    Average price has increased by 12% and is up by $30,000.
    Average price is $278,973.
    Available Inventory is down 9%, and Volume up by 10%.

    Gatlinburg

    189 homes sold in Gatlinburg during January through July of 2019.
    212 homes sold during January through July of 2018.
    Sales are down by 11%.
    Average price has increased by 15% and is up by $36,000.
    Average price is $285,234.
    Available Inventory is down 16%, and Volume is up 2%.

    Pigeon Forge

    200 homes sold in Pigeon Forge during January through July of 2019.
    237 homes sold during January through July of 2018.
    Sales are down by 16%.
    Average price has increased by 25% and is up by $68,000.
    Average price is $340,927.
    Available Inventory is down 10%, and Volume up by 6%.
    *6 homes have been sold for over $1M in Pigeon Forge this year.

    Sevierville

    384 homes sold in Sevierville during January through July of 2019.
    366 homes sold during January through July of 2018.
    Sales are up by 5%.
    Average price is up by 3%.
    Average price is $256,367.
    Available Inventory is down 6%,  and Volume up 8%.

    Wears Valley

    64 homes sold in Wears Valley during January through July of 2019.
    75 homes sold during January through July of 2018.
    Sales are down by 15%.
    Average price has increased by 21% and is up by $64,000.
    Average price is $363,445.
    Available Inventory is down 15%, and Volume up 4%.

    Douglas Lake

    36 homes sold in Wears Valley during January through July of 2019.
    29 homes sold during January through July of 2018.
    Sales are up 24%.
    Average price has increased by 10% and is up by $25,000.
    Average price is $271,773.
    Available Inventory is down 4%,  and Volume up 37%

     

    Sevier County Market Report for Land, July 2019, Infographic

    Sevier County Lots

    391 lots sold in Sevier County during January through July of 2019.
    324 lots sold during January through July of 2018.
    Sales are up by 21%.
    Average price has increased by 12% and is up by $6,000.
    Average price is $60,783.
    Available Inventory is down 11%, but Volume up by 35%.

    Gatlinburg

    106 lots sold in Gatlinburg during January through July of 2019.
    62 lots sold during January through July of 2018.
    Sales are up by 71%.
    Average price has increased by 44% and is up by $17,000.
    Average price is $55,889.
    Available Inventory is down 3%, and Volume up by 146%.

    Chalet Village

    36 lots sold in Chalet Village during January through July of 2019.
    21 lots sold during January through July of 2018.
    Sales are up by 71%.
    Average price is up by 4%
    Average price is $53,245.
    Available Inventory is up 7%, and Volume up 79%.

    Pigeon Forge

    48 lots sold in Pigeon Forge during January through July of 2019.
    45 lots sold during January through July of 2018.
    Sales are up 7%.
    Average price has increased by 53% and is up by $21,999.
    Average price is $63,147.
    Available Inventory is down 20%, and Volume up by 64%.

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