Skip to content

All Pro Property Management Services | Wall Street Storage | All Pro Storage | All Pro Realtors

Menu
  • Home
  • All About All Pro Group
  • Currently Available Homes for Lease
  • The Divisions of All Pro Group
    • All Pro Property Management Services
    • All Pro Realtors
    • All Pro Storage
    • Wall Street Storage
  • Our Reviews
    • Leave a Review
  • Contact Us
  • All Pro Group Blog
Menu
Posted on February 27, 2008 by Sierra Brewer
The State of the State
(or at least Sevier County, TN)

Being a little bit of a numbers guy I was on the Chess Team in High School. We didn’t get any of the social attention that the football team members did. In fact the cheerleaders NEVER attended a single match, let alone cheer -and Yes, I’m still just a little bitter. In the long run however the smart guys and girls do eventually win. I’m still a numbers person and spend a lot of time analyzing our East Tennessee real estate market looking for trends and opportunities. With the latest version of our MLS software it is easier than ever for real estate brokers (even those who weren’t on the Chess Team) to analyze our market. The following is a portion of our MLS system’s market analysis page:
Note the 907 new listings entered by our local real estate agents in the last 30 days and compare that to the 172 properties sold during the same period. You can see that the market is still creating inventory much faster than it is absorbing it – by a ratio of over 5 to 1! I have been very much blessed as I have 3 sales in the last 30 days which compares okay with my 4 new listings, especially when you consider the fact that I also have 4 pending sales. While I certainly have been blessed, many agents (and agencies) haven’t. I am at a pace to have 60 sales this year which is off from my personal best achieved in 2005 of 66 sales but much better than 2007’s anemic 50 transactions. I really should count my blessings as the average agent in 2007 had only about 4 transactions for the entire year. This means that they would have been better off working at the understaffed Gatlinburg McDonalds restaurant if they could get the night shift bonus. Many agents have in fact left the business and many more will likely leave during the next six months if the market continues to be slow.

If you are interested in buying or selling Gatlinburg area real estate, which includes Pigeon Forge, Sevierville, Kodak, and Cosby, TN please contact us. We have no interest in a career at McDonalds asking patrons if they want fries with that hamburger…

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Another happy client! Watch the 2 minute video below to see the very happy ending! It is why we love what we do.

Sorry, your browser doesn't support embedded videos.

Blog Archives

All Pro Mascot – Blue the Wonder Dog

Our Faith is Our Founding Principle

He>I

Meet Our Founder!

Jeff Schoenfield is the Broker/Owner and Founder of All Pro Group

Meet Greg Fernatt!

Greg Fernatt, Our Managing Partner in All Pro Property Management Services

Meet the Office Staff

Find Us

Address
635 Wall Street, #2
Sevierville, TN 37862

Hours
Monday—Friday: 8:30AM–5:00PM

Contact:
Email Us
Voice: 865.325.1444
Fax: 865.436.0403

©2021 All Pro Property Management Services | Wall Street Storage | All Pro Storage | All Pro Realtors | Built using WordPress and Responsive Blogily theme by Superb