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.
The Month of May Ended Early!!
Because of Memorial Day falling on a Monday, the last business day of May, 2010 for our Gatlinburg area real estate market was today. Although it is VERY early to look at total sales for the month I wanted to consider (at least on a preliminary basis) what local realtors reported as sold in our Smoky Mountain real estate market for this holiday shortened month.
In a single word, the month-end snapshot as of today, can only be described as atrocious! There will certainly be many more sales reported by other members of the Great Smoky Mountains Association of Realtors in the next couple of weeks. I am however very concerned that our ten consecutive month run of positive comparisons versus the same month a year ago will likely be broken. With only 99 residential sales reported by our board's MLS, it appears in fact very unlikely that we can surpass last May's 134 residential units sold.
A clearer version of the above table can be viewed here. So far this year, 1 out of every 4 sales (for all Realtors) in 2010 has been a foreclosure property. With 9 residential units sold during the Month of May, I personally feel very blessed. In fact, by the grace of God I now have 51 sales in 2010 and lead the board based upon the number of residential units sold. Two other agents in our RE/MAX All Pro office are currently ranked within the top 50 overall (out of over 400 active members of our board) and we are very proud of both Patrick Malone and Cindy Hopson.
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...