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.
I Waited as Long as I Could...
Since we are now nearly to the end of April, it is certainly time to close the books on March 2011 Smoky Mountain residential sales!
The month did pump up a little better than I expected and our MLS now reports 130 homes sold by members of our Great Smoky Mountain Association of Realtors during March. My quick take on this is that we are still comparing to last year's numbers that were significantly impacted positively by the government's first time home buyer tax credit which certainly served to encourage some buyers to jump into the market. Although we were down compared to March 2010, we did have (as expected) a significantly better month than January or February was. This isn't a surprise at all as January and February are almost always slow months for our area (and most of the U.S. real estate market). Here's a link to the PDF document of the same spreadsheet that we have created.
With one third of the year nearly complete, I think we can assume that sales will not likely be as strong as last year. Of course, the future is VERY hard to predict and I for one do much better reporting on the past's results. With this having been said, my guess is that April will come in around 120 units at most, which isn't really that good a number. Sales have been slow so far this month for most firms in the county according to the MLS, but then again, we haven't hit the all-important month end blitz.
It is still an excellent environment for prospective buyers of Gatlinburg area real estate. Several excellent properties are coming to market soon that you will certainly want to see. Sevierville residences, Pigeon Forge log cabins, and Gatlinburg chalets are all coming through the pipeline now and I expect prices very soon. Stay tuned, there are some real bargains coming very soon!!
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...