The Realty-Smokies Team - your resource for Smoky Mountain Real Estate
including cabins, homes, & condos in Gatlinburg, Pigeon Forge, and Sevierville!

Welcome to our website! We hope you'll find all of the information you need to begin the road to home ownership, or to sell your property in the Smokies. If there's any further information you need, or if you're ready to buy or sell, please don't hesitate to contact us ... helping you achieve your goals is our specialty!

Jon, Beth, & Brandi - The Realty-Smokies Team

Smokies Real Estate: 2018 Summary

We finished 2018 with sales reflecting continued strong demand for homes in our region, with the number of sales falling and prices rising due to low inventory:

  • 1661 residential properties sold in Sevier County - down 11% from 2017.
  • The total residential volume was $$437,901,350 - down 0.6%.
  • The average price/square foot for sold properties was $138.09, which suggests an appreciation rate of 11.7%!

The 6-month moving average price, which offers an excellent overview of market direction, finished 2018 up 11.2% from the previous year, though it showed some weakness at the end of the year:

We are still feeling the impact of the 2016 wildfires as reduced inventory due to the number of homes lost in both the residential and tourist rental sectors that have not been replaced - recent estimates suggest just over 25% of the lost structures are in some stage of replacement. The impact to tourism has dissipated, with visitation and spending levels now in line with the pre-fire economy.

We expect our market will continue to be challenged by low inventory levels coupled with economic uncertainty for the next couple of quarters. This will eventually slow the rate of appreciation, and suggests this is an especially opportune time for current owners interested in selling their property.

Please contact us today for more information, and to discuss how
we can help you achieve your real estate goals.

Visit our Buying Page for more information, our Search Page to start browsing all available listings, the Features Page for select properties, or call us today for personalized assistance to find your home in the Great Smoky Mountains.