As expected, December 2016’s Gatlinburg area residential sales recorded during the year were the best since all the way back to the very strong year of 2006. Although still falling short of the all time record of 2,970 Smoky Mountain units set in 2005, 2016 was the best year for Tennessee Smoky Mountain real estate since 2005. The table below has been updated with the latest information:
Note that the average sale price jumped sharply during 2016 as well. The full impact of last year’s horrendous fires is still unknown so it will be very interesting to see how strong January 2017’s sales are.