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Preliminary August Residential Sales Aren’t Great, at Least Not Yet…

Posted on September 2, 2014 by Sierra Brewer

After a phenomenally good performance during July, Gatlinburg area residential sales as reported by the Great Smoky Mountain Association of Realtors MLS database for the month of August weren’t all that great. In fact, the preliminary reported sales by the 500+ members of our local board is sharply below those of a year ago. Although we will certainly add more sales over the next few days this is quite a disappointment as we were on a pretty good roll for a while. I don’t doubt that year to date sales will exceed those of last year soon enough but as of right now that isn’t the case either. Unfortunately, it is very unlikely that the final tally for August 2014 will get even close to the total number of sales from August 2013. We definitely need more Julys and fewer Augusts to finish the year well!!

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