Tuesday, October 8, 2013

Home Prices in Sevierville, TN for October 2013


Home Prices in Sevierville, TN for October 2013
Real estate market data provided by Dewayne Whitt, Keller Williams Realty
Sevierville Home Prices
As we see on the graph below, the list price is quite a bit higher than the median selling price in Sevierville. As with most markets in the area, now is a great time to be a buyer, while sellers are struggling to get what they feel their home should be worth. One interesting detail as seen on the second graph, is Sevierville has a large percentage of vacant properties and a relatively low percentage of owner occupied homes which traditionally keeps the prices of homes lower.  Given this is a vacation destination, you can see why these percentages are disproportionate to the rest of the United States. For a person looking to jump into investments, now is a great time to invest in this area.

 



 
Visit my website to search for homes in Sevierville or to be notified when homes come on the market.
To find out what your home is worth in the current market call 865-257-9448 or visit buyandsellknoxvillehomes.com/sell