Gatlinburg Real Estate Blog

Only the most preliminary August 2009 sales results for our Gatlinburg area real estate market are in at this time but the numbers we do have reported so far are somewhat disappointing. After July's 139 residential sales (the first positive year over year comparison since early in 2006) I had hoped we might see the same type progress in our Smoky Mountain real estate market in August 2009 with another year to year gain in units sold. Sadly, this does not appear likely at this time because as of this evening we only have 108 units reported as being sold according to our Great Smoky Mountain Association of Realtors MLS database. As I always do, it is important to note that not all sales are reported yet so these preliminary numbers are somewhat misleading. My estimate is that when all of the dust settles we will probably have around 120-125 completed residential transactions for the month. To see an updated version of the above chart please click here . That's better than the...

Only the most preliminary August 2009 sales results for our Gatlinburg area real estate market are in at this time but the numbers we do have reported so far are somewhat disappointing. After July's 139 residential sales (the first positive year over year comparison since early in 2006) I had hoped we might see the same type progress in our Smoky Mountain real estate market in August 2009 with another year to year gain in units sold. Sadly, this does not appear likely at this time because as of this evening we only have 108 units reported as being sold according to our Great Smoky Mountain Association of Realtors MLS database. As I always do, it is important to note that not all sales are reported yet so these preliminary numbers are somewhat misleading. My estimate is that when all of the dust settles we will probably have around 120-125 completed residential transactions for the month. To see an updated version of the above chart please click here . That's better than the...