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    May 2019

    Sevier County Market Report – May 2019

    Sevier County Market Report for Homes, May 2019, Infographic

    Sevier County Homes

    850 homes sold in Sevier County during January through May of 2019.
    848 homes sold during January through May of 2018.
    Sales are flat.
    Average price has increased by 11% and is up by $26,000.
    Average price is $277,790.
    Available Inventory is down 10%, and Volume up by 11%.

    Gatlinburg

    115 homes sold in Gatlinburg during January through May of 2019.
    150 homes sold during January through May of 2018.
    Sales are down by 23%.
    Average price has increased by 14% and is up by $34,000.
    Average price is $278,007.
    Available Inventory is down 18%, and Volume down by 12%.

    Pigeon Forge

    165 homes sold in Pigeon Forge during January through May of 2019.
    171 homes sold during January through May of 2018.
    Sales are down by 4%.
    Average price has increased by 22% and is up by $62,000.
    Average price is $342,288.
    Available Inventory is down 13%, and Volume up by 18%.

    Sevierville

    263 homes sold in Sevierville during January through May of 2019.
    272 homes sold during January through May of 2018.
    Sales are down by 3%.
    Average price is up by 1%.
    Average price is $254,561.
    Available Inventory is down 5%,  and Volume down 2%.

    Wears Valley

    49 homes sold in Wears Valley during January through May of 2019.
    47 homes sold during January through May of 2018.
    Sales are up by 4%.
    Average price has increased by 21% and is up by $62,000.
    Average price is $359,997.
    Available Inventory is down 14%, and Volume up 26%.

    Douglas Lake

    23 homes sold in Wears Valley during January through May of 2019.
    16 homes sold during January through May of 2018.
    Sales are up 44%.
    Average price has increased by 37% and is up by $73,000.
    Average price is $273,552.
    Available Inventory is down 1%,  and Volume up 96%

     

    Sevier County Market Report for Land, May 2019, Infographic

    Sevier County Lots

    265 lots sold in Sevier County during January through May of 2019.
    239 lots sold during January through May of 2018.
    Sales are up by 11%.
    Average price has increased by 101% and is up by $49,000.
    Average price is $98,879.
    Available Inventory is down 12%, but Volume up by 123%.

    Gatlinburg

    71 lots sold in Gatlinburg during January through May of 2019.
    45 lots sold during January and May of 2018.
    Sales are up by 58%.
    Average price has increased by 25% and is up by $9,000.
    Average price is $49,067.
    Available Inventory is down 3%, and Volume up by 98%.

    Chalet Village

    20 lots sold in Chalet Village during January through May of 2019.
    16 lots sold during January and May of 2018.
    Sales are up by 25%.
    Average price is down by 3%
    Average price is $49,147.
    Available Inventory is down 12%, and Volume up 22%.

    Pigeon Forge

    38 lots sold in Pigeon Forge during January through May of 2019.
    32 lots sold during January and May of 2018.
    Sales are up 19%.
    Average price has increased by 24% and is up by $10,519.
    Average price is $54,462.
    Available Inventory is down 20%, and Volume up by 47%.

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