Market report, updated

Covered Bridge Resort Home Values and Market Report

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Report prepared by Southerndreamshomegroup.com Southern Dreams Home Group - Keller Williams

Market at a glance

Over the last 12 months, homes sold for 92.7% of list price in 130 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $796K Sold · $803K
$990K$820K$650K$480K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 3 sales in Sep. Last month: 0.

Where the market stands

All homes in this report, by status.

13homes
Active5 · 38%
Sold (12 mo)8 · 62%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.3months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$723K
Sold$740K

Average days on market

Active238 days
Sold130 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 5
Average list price $722,760
Avg. days on market 238 days
Avg. price per ft² $393 Based on 4 of 5 homes
Avg. living area 2,247 ft² Based on 4 of 5 homes
Avg. beds / baths 3.8 / 4.5

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

1 home didn’t report living area and isn’t shown.

$1.5M$1M$500K$0

Price vs. living area: 4 homes plotted, up to $1.5M and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

1 home didn’t report bedrooms and isn’t shown.

Highest price per ft²

Top 4 homes in this status.

2119 Valley Creek Way$429
1632 Mountain Lodge Way$408
2106 Vly Crk Way$376
1723 Summit View Way$362

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2106 Vly Crk WayPigeon Forge, TN 37862 462,586$974,900$37649 days
1632 Mountain Lodge WayPigeon Forge, TN 37862 331,773$725,000$408200 days
1723 Summit View WaySevierville, TN 37862 432,340$849,000$362235 days
2119 Valley Creek WayPigeon Forge, TN 37862 462,291$985,000$429333 days
Lot 5 Mountain Lodge WaySevierville, TN 37862 ———$79,900—372 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Southerndreamshomegroup.com Southern Dreams Home Group - Keller Williams

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