Although there will certainly be a few more sales reported over the next ten days or so by our Great Smoky Mountain Association of Realtors, the preliminary number as of this evening is a very disappointing 83. Even with a nominal number of additional sales, this performance will likely be the worst year over year going back a full 2 years and the 4th worst overall tally going back all the way to January 2005! Here is the preliminary table:
For a clearer version, please click here. As to why real estate sales in the Gatlinburg area have dropped off so dramatically I’m not exactly sure. Hopefully this is not a preview of things to come…