Complete real estate information about the Gatlinburg area real estate market and everything related to it including Pigeon Forge and Sevierville as well as the rest of Sevier County and our Great Smoky Mountain National Park area. Current market statistics and new listings including foreclosures are also highlighted here.
New Statistics Available for Gatlinburg Area Real Estate
(Bad News - Good News)
I have, through the Great Smoky Mountain Association of Realtors MLS database, compiled a very thorough (possibly too much information) summary of year to date sales for our local real estate market. The report can be viewed on our primary website at this link.
Although you really have to be a numbers fan to appreciate this sort of thing, the data is clear. Real estate sales for Gatlinburg, Pigeon Forge, Sevierville, and all of our market as a total are down sharply when compared to the same period a year ago.
The good news is that I am having my most productive period of the year during October. With 10 sales closed or pending October will in fact be better than any two other months of 2008. Why is October so much stronger? The answer is that the banks and other sellers are finally starting to get prices right and these properties are now selling. It is still a great time to be a buyer and an extremely challenging period to be a seller. In spite of this my overall volume is dramatically better than it has been in a very long time. The last time that I personally had double digit sales in a single month was November of 2005 so we are very, very grateful for the month we are having. Many of my real estate friends are really struggling and some are even losing their own houses to foreclosure so we are indeed saying prayers of thanks to our Lord!
Every once in a while, an opportunity arises that we just can't pass up and this fantastic log sided home certainly fell into this category. Private, without another home anywhere in sight, this 3-bedroom, 3-bath house with 3 master suites is located in the coveted Pittman Center area and is perfect as either a residence or a vacation home.
This stunning property features over 280 feet of pristine riverfront on the beautiful cascading white water of the Little Pigeon River and this is no postage stamp sized lot either. It is actually a huge parcel of just under 4 acres. From either of the full length decks, you can view & listen to the beautiful rushing river below. Inside, there is also plenty of room to spread out, with over 3,000 square feet of heated & cooled living space, with large rooms and lots of glass.
Should you ever become tired of being alone, Dollywood is less than 20 minutes away but you would never know it from how perfectly peaceful this location is:
We have recently listed 4 otherwise unrelated Smoky Mountain true luxury properties in Sevier County and these estates are absolutely breathtaking. Whether you are looking for an incredible view from a huge mountain side home overlooking Gatlinburg, a spectacular 100+ acre horse farm estate in the Wears Valley area of Sevierville, the landmark Gatlinburg Castle, or just desire your own massive pristine property surrounded by the State and National Forests, we can satisfy your urge to own an undoubtedly unique Smoky Mountain estate. Click on the caption under each of the pictures below to be directed to a full description of these remarkable Gatlinburg area estate properties.
Gatlinburg area sales rocketed past January 2016's tally and we haven't even got all of the sales reported yet. Because this is only the preliminary total, we could rocket past 2006's red-hot all time record of 210 sales. Here is the initial report of January 2017's blistering sales pace for Smoky Mountain residential real estate sales:
Because of some MLS data errors, January's average sales price is not shown on the report above, but hopefully will be soon...