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, & Mary Ann- The Realty-Smokies Team

Smokies Real Estate: 2017 Summary

We finished 2017 with sales reflecting continued strong demand for homes in our region, with the number of sales slowing and prices rising due to reduced inventory:

  • 1866 residential properties sold in Sevier County - up 6% from 2016.
  • The total residential volume was $$440,719,779 - up 19.8%.
  • The average price/square foot for sold properties was $123.66, which suggests an appreciation rate of 10.1%!

The 6-month moving average price, which offers an excellent overview of market direction, finished 2017 up 12.5% from the previous year:

We are still feeling the impact of the 2016 wildfires in the area economy, primarily due to the number of homes lost in both the residential and tourist rental sectors. Though some impact to tourism lingers, visitation levels are quickly returning to normal.

We expect our market's greatest challenge in 2018 will be continued low inventory levels coupled with rising interest rates. Industry economists expect rates to rise above 5% by the end of 2018, which will decrease buying power on a conventional 30-year mortgage by over 5% from today's level. 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.