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 DECODING THE DATA | JANUARY 2024

Sevier County Market Report

Whether you're in the market to buy or sell, you're in for a treat as we unravel some exciting updates!

For buyers and sellers alike, understanding key data like median sold price, list to sold price percentage, average days on the market, and months supply of inventory is pivotal for making informed decisions.

Our comprehensive January market report is your go-to resource, offering an in-depth look into the latest trends shaping the local real estate landscape.

$529K

Median Sold Price

57

Average Days on Market

96.1%

List to Sold Price %

5.5

Months Supply of Inventory

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Sevier County Market Update | January 2024

Brad Allen

The ART of Real Estate was founded with one question: What if buying and selling real estate could be a great experience? I've been asking myself that...

The ART of Real Estate was founded with one question: What if buying and selling real estate could be a great experience? I've been asking myself that...

Feb 22 3 minutes read

UNDERSTAND THE NUMBERS

What Do They Mean?

MONTHS SUPPLY OF INVENTORY

Currently we have a 5.5 months supply of inventory.

Over the last 12 months, we've seen this increase by 77.42%.

LIST TO SOLD PRICE %

We're seeing a fantastic 96.1% List to Sold Price ratio.

This is great news for sellers as it shows that homes are selling at a price close to what they were listed for.

MEDIAN DAYS ON MARKET

The median days on market is 57.

Overall, this is a positive sign that homes in the area are moving relatively quickly.

MEDIAN SOLD PRICE

The median sold price is currently $529,900.

This represents the midpoint of all the homes sold in the area.

EAGER TO UNCOVER YOUR
HOME'S CURRENT VALUE?

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Dive Deeper into the Pulse of East Tennessee's Housing Markets - Click Below to Read About Knoxville!

KNOXVILLE

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