By DON FENLEY

The Tri-Cities townhome market opened the year with 26 sales, up 13.6% from a year ago. The average sales price reached $239,000, up 7.4% year over year.

Regional inventory totaled 95 active listings. That’s a 28% increase from last year.

Activity remained concentrated in Johnson City, which led the region with 13 sales, up 30% from last year. The city also had 14 new listings and four pending sales. The median sales price was $238,500, up 8.4% year over year. There are 34 active listings. Homes averaged 120 days on market, reflecting a more deliberate buyer pace compared with the ultra-tight conditions of prior years.

Blountville and Bristol each recorded three closed sales.

Blountville posted the region’s highest median price at $453,300, though properties averaged 233 days on market.

Bristol’s median price was $175,000, down 46.7% from a year ago. The city had 16 active listings, and sales had an average of 52 days on market.

Jonesborough, Gray, and Abingdon each recorded one sale.

Jonesborough’s median price was $245,000, down 3.5% year over year. Listings averaged 31 days on market. Three units are in inventory.

Gray posted a median price of $250,000, up 33% from last year, with four active listings and an average of 65 days on market.

There were no closed sales from Kingsport last month.

Abingdon’s median price reached $235,450, up 23.9% year over year. The lone sale moved quickly, averaging just three days on market. Inventory stood at two units.

The January data suggests that the regional attached market remains stable, with sales growth and moderate price appreciation supported by expanding inventory. Volume continues to be driven by Johnson City, while smaller submarkets show sharper price swings tied to limited transaction counts.

Categories: REAL ESTATE