Executive Summary June was a healthy month, led from the center. Sales and prices both rose across the region. The strength was concentrated in Johnson City and Kingsport. Both showed price power on top of volume. That is the market’s… Read More ›
By DON FENLEY The Tri-Cities housing market is sending a simple message: buyers are gaining leverage, and sellers are adjusting their strategies. While initial asking prices are holding steady, the reality of getting a deal paints a different picture. Sellers… Read More ›
AI SUMMARY Land was the commercial real estate transaction engine last month. Multi-family was the accelerator. Retail and industry were idle. Supply expanded and cleared faster than it did a year ago. That combination points to a market absorbing growth… Read More ›
AI SUMMARY Tri-Cities median home prices rose 4.7% in June to $308,750. That growth outran May’s 4.2% inflation rate. Sales climbed 3.8% and are up 8.3% for the year. Months of inventory tightened to 3.75, keeping the region in seller’s-market… Read More ›
AI SUMMARY Tri-Cities sellers cut asking prices more often in June than in any month of the past year. Four in ten listings dropped their price before an offer arrived. The national story calls this a buyer’s discount. The truth… Read More ›
AI SUMMARY The Tri-Cities job market is flat so far this year. Payrolls in both metro areas are within a few hundred jobs of a year ago. Kingsport-Bristol has a better year-to-date market. Its job count is up slightly, while… Read More ›
AI Summary The Tri-Cities townhome market cooled down in May 2026. Closed sales fell 7.9% from a year earlier, inventory rose 10.4%, and homes took a weighted 89 days to sell. Prices held steady, with the weighted median was up… Read More ›
Thanks for the comment Debbie. It's a snapshot of today's conditions, stay tuned
Always of interest to get confirmation of what I see as the year moves on.
[…] The Tri-Cities employment is in its best shape since the year began, but the gains are concentrated. At the…
Thanks for the question Jeff. Kingsport was not listed because there were no closing of $1 million plus properties during…
Great report Don Why was kingsport not listed ? Jeff Begley Founder & Principal Begley Development LLC