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.
It's Official - Gatlinburg Area Residential Sales in 2009 Surpass 2008!!
Months ago I blogged that the winds of change were blowing and that activity was increasing in our Smoky Mountain real estate market. During the second half of the year, as each month's residential sales were above the appalling monthly tally recorded in 2008, it began to become clear that our market was actually rebounding. In November of this year, area real estate agents actually had twice the Smoky Mountain residential real estate sales that were recorded in the truly awful month of November, 2008 which would prove to be the bottom of the market.
Now, on January 1st, 2010 I can report with certainty that sales for 2009 did in fact exceed the moribund level recorded in 2008. With a total of 108 residential sales already recorded for December 2009 the total sales in 2009 already slightly exceed those reported in 2008. As usual, all reported sales won't be in for at least a couple of weeks so the final number will likely be significantly better. Here is the good news in table form:
With all of the down years preceding 2009 it is remarkable that we have now had 6 consecutive months of year over year increases in total residential sales. Unfortunately, all of this good news has to be tempered just a bit with a healthy dose of reality. The only reason that 2009 is recorded as an up year is that 2008 was SO horribly bad for Sevier County real estate. Our company was blessed with a very good year as we finished at Number One in the number of residential properties sold. Nobody sells more real estate than the professional agents of RE/MAX All Pro, Realtors, Inc. For proof, here is the full year 2009 company ranking report straight from our Great Smoky Mountain Association of Realtors MLS database:
To view this report more clearly please click here. Thanks to all of the buyers and sellers our firm represented in 2009 and here's to a prosperous, joyful, and peace filled 2010!
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...