Data doesn’t lie!
Bryan Realty keeps the “Real” in real estate and keeps their clients up to date on local real estate stats.
Here are the key statistics for the Sevier County, TN residential real estate market in November 2023:
These statistics indicate that the Sevier County, TN residential real estate market is experiencing a healthy growth trend. The absorption rate of 0.02325 indicates that the market is balanced, with a good balance between supply and demand. The average sale price of $490,384 is a good indicator of the overall health of the market, with prices remaining stable. The average days on market of 43.75 is a good indicator of the overall health of the market, with homes selling quickly. The average list/sale ratio of 85.88% indicates that homes are selling for close to their list price. The average months supply of 5.708125 indicates that there is a good balance between supply and demand, with enough inventory to meet demand.
Request PDF copy of this November report below.