Here is a current market report for 2-bedroom 2-bath homes sold in the Gatlinburg area (Gatlinburg, Pigeon Forge and Sevierville) in the last 90 days. Before you digest this information, there's a couple of things you should be aware of:
1. "DOM" or Days on market is somewhat fluid, as it will revert back to zero if a listing changes Realtors, or if it is withdrawn from the market for a day. So, a property could have actually been on the market much longer than it shows currently.
2. "Bedrooms" is also a term somewhat open for interpretation in our market. According to a recent ruling by the local MLS, no property can be listed as having more bedrooms than it has a septic permit from the health department for. This is a new development, however. So, there could be a home with 2 "bedrooms" and 2 "bonus rooms" (used to be called bedrooms) that could show up in the same search, kind of comparing apples and oranges:)
|
AREA |
Time Frame |
# SOLD |
DOM |
Av. Price Square Foot |
Average SOLD price |
On Market Today |
|
Gatlinburg |
11/08-1-09 |
4 |
205 |
$107 |
$149,937 |
110 |
|
Pigeon Forge |
11/08-1/09 |
13 |
183 |
$128 |
$188,884 |
234 |
|
Sevierville |
11/08-1/09 |
5 |
134 |
$108 |
$186,920 |
94 |
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