Year - to -Date Statistics
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 - July 2012 compared to January - July 2010 and 2011.
The first category we compare was residential units sold through July. As you can see there were 179 more units sold in 2012 than in 2010. There were 252 more units sold in 2012 than in 2011. The total units sold are up 17% from 2010 and 24% 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 13 days less than 2010 and 22 days less than 2011.
The year-to-date average sale price is down from 2010 and 2011. This usually means it is a buyers market.
The final category of total volume sold through May has also shown a positive increase. 2012 is up by 4% from this time in 2010 and 16% when compared to 2011.
As we continue to plug along through August and September 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.
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