May’s pending home sales data paints a picture of a market on solid footing. Demand is strong; the high end is thriving, and the affordable tier remains healthy. The one caution is supply. Until more homes reach the market, especially… Read More ›
Annualized home sales across the Tri-Cities have climbed for a full year. A year of steady gains points to a market on solid footing. This was a slow, broad climb. Annualized totals rise only when a market adds sales faster… Read More ›
Tri-Cities’ new home market didn’t grow in size in May; it grew in price. The median price for a new construction home was $387,932 That’s up 20.6% from last year. The average price rose 17.9% to $423,326. Both gains are… Read More ›
Sullivan County is not short of middle-class family households. It has over 22,000 of them, according to current Census data. But it’s short of homes priced where the broad base of that middle class can reach them. May’s Inventory was… Read More ›
Tri-Cities manufactured home prices increased last month, while the number of sales eased. The median sales price was $225,000, up 5.9% from last year. Most sellers gave ground to get to those sales. Almost half of all homes that sold,… Read More ›
Here is what the Tri-Cities commercial real estate market in the region’s two metro areas looks like so far this year. Most market sectors are tight, which is good for owners and harder on the people who want space. Apartments… Read More ›
By DON FENLEY The Tri-Cities commercial real estate market closed 146 transactions in May. That was two fewer than the same month last year. So far this year, the region has logged 643 commercial transactions. That trails 2025 by 18 deals…. Read More ›
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[…] 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
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Thanks so much for your good information