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.
June 2011 is Over, Thank Goodness!!!
Hate to say it, but "Good Riddance June!!", at least as far as the Gatlinburg real estate business is concerned. June started out pretty good for our office but several transactions have been delayed and others have disappeared, at least for now. The old saying seems to be coming true again: "In order to get a bank loan, you first must prove that you don't really need it!"... People who have in the past borrowed money with no problem have had nothing but problems borrowing in our current environment. Once again, cash is king!
For other agencies in the Gatlinburg real estate market, June wasn't such an easy month either. In fact, among all of the active agents in our market, a total of only 95 residential units have been reported as sold (although this number will certainly increase as agencies get around to reporting their June sales). This compares negatively with last month in which there are now 124 residential sales being reported and with June 2010 in which 135 home sales were recorded by area agencies according to the MLS. For those of you who love abuse, here is the table showing June's performance compared with other months and years:
For a clearer PDF version of the above table, please click here. For a clearer understanding of the values within our market please contact us!
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...