Smoky Mountain - Market Statistics
Today is already the first week of May! The year is already more than a quarter gone. I thought you might be interested in some statistics: Year to date as compared to same period last year in Sevier County: Jan 1, 11 - May 6, 11 -- - 372 homes sold Jan 1,10 - May 6, 10 -- 478 homes sold The decrease in homes sold is 106 homes. Down about 22%. ------------------------------------------------------------------------------------------- The average sale price so far this year is around $176,740.00 The average sale price this time last was around $181,556.00 Not a big difference in average sale, sales are predominately, under $200,000. ------------------------------------------------------------------------------------------------------------ The average sales price to list price ratio is almost 93%. Looks like negotiations are about 7% off list price. Days on market is around 195 days. 46% of houses expire on the market and are not sold. The market is very competive right now. Price is st