We recently posted the statistics for the first quarter of 2006 as provided by our Great Smoky Mountain Association of Realtors, our local board. Based on these results, RE/MAX All Pro, Realtors Inc. was the number one selling firm in the county with a total dollar volume of closed transactions for all categories of real estate of over $19 million. This really isn’t that surprising as we have consistently been at or near number one in our market for the past several years. It is however a reflection of the hard work and excellent performance of our office’s agents and the support staff. With only 15 agents and a very lean staff of just 3 support folks our office continues to lead in our market.
When compared to last year’s results for the same first quarter period, sales are up dramatically countywide with all of the major firms recording very impressive increases over last year. In fact the number one position last year at this time was at only $12.8 million so sales continue to grow at a torrid pace countywide. The Gatlinburg, Pigeon Forge, and Sevierville real estate markets continue to be attractive investment choices for lots of people who are taking money out of markets that appear to have temporarily cooled. This is nowhere more noticeable than the customers we see who are taking money out of Florida and other coastal areas to diversify their assets and take advantage of the growth here. While prior years have had nice appreciation the gains have been nowhere near the unsustainable levels seen in the coastal markets of Florida, Alabama, and South Carolina. It is said that many residents and investors in these markets are just one more difficult hurricane season from packing up and leaving those storm savaged areas. If this turns out to be true then we will very likely see even more of these individuals coming our way which of course will be good for our real estate market here in the Smoky Mountains of Tennessee.