The Smoky Mountain Real Estate Market for 2012 is showing positive trends in some key areas over the last year. We have put together some statistics and visual aids for January - May 2012 compared to January - May 2011.
The first category we compare was residential units sold through May. As you can see there were 223 more units sold in 2012 than in 2011. The total units sold are up 28% from 2011.
As we look at the average days on market we will see a positive trend as well. In 2012 the average residence was on the market for 36 days less than 2011.
The year-to-date average sale price is also on the rise. This is up by $56,908.
The final category of total volume sold through May has once again shown a positive increase from a year ago. 2012 is up by 7% from this time in 2011.
As we continue to plug along into June we look to have the same positive trends continue. There continue to be some great deals on the market. If you are looking for an investment, second home, permanent residence, or land to build on check out our website and search for your dream property or home.