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.
September Ends Rather Quietly in the Tennessee Smokies Real Estate Market
Gatlinburg area residential real estate sales as reported by the Great Smoky Mountain Association of Realtors for the month of September totaled only 107 units. As we always remind readers, this is only the initial count which is always significantly revised upward. September 2010 residential total sales however appear unlikely to reach last September's count of 139. This means that we will for the third consecutive month fail to meet last year's tally. Prior to this short losing streak Gatlinburg/Pigeon Forge/Sevierville area sales had totaled more than the year ago values for 12 consecutive months. August's initial count as we reported here was 114 but now stands at 132. I expect a similar percentage increase this month making my forecast for the final total for September 2010 home sales at around 125 units. If my forecast is correct, that would mean a 10% drop from last year's tally. On a more positive note, the overall total for 2010 sales now appears likely to surpass 2009's number, barring a total falling off of the cliff during the fourth quarter. Here's the table:
For a clearer look at the table, please click here.
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...