Each week CoreData Weekly highlights the most important housing, economic and commercial real estate signals shaping the Tri-Cities region. The goal is simple: identify what changed in the market during the week and explain why it matters for consumers, real estate professionals and investors.

Feb. Tri-Cities $1 Million+ Home Sales Down 50%

Premium home sales slowed sharply in February, with $1 million-plus transactions cut in half compared with a year ago. The pullback reflects the more rate-sensitive nature of the luxury segment, even as cash buyers continue to play a significant role in high-end transactions.

🔗 Read the full story
https://donfenley.com/2026/03/22/feb-tri-cities-1-million-home-sales-down-50/

Tri-Cities Posts Broad Gains as Kingsport, Johnson City Lead Market Activity

Home sales increased across much of the region, led by gains in Kingsport and Johnson City. The improvement signals that the spring market is opening with broader participation, not just isolated strength in a few submarkets.

🔗 Read the full story
https://donfenley.com/2026/03/20/tri-cities-posts-broad-gains-as-kingsport-johnson-city-lead-market-activity/

Annualized Home Sales Push Above 7,000, Signaling Firmer Recovery

The Tri-Cities housing market crossed a key benchmark as annualized home sales moved above 7,000. The milestone reflects a sustained rebound in transaction activity and points to a market transitioning from recovery toward expansion.

🔗 Read the full story
https://donfenley.com/2026/03/20/tci-group-annualized-home-sales-push-above-7000-mark-signaling-firmer-recovery/

Tri-Cities Flipping Market Contracts in 2025

Home flipping activity fell to its lowest level in several years, reflecting tighter margins and higher acquisition costs. The slowdown highlights a shift toward a more disciplined investment environment compared with the rapid turnover seen during the pandemic.

🔗 Read the full story
https://donfenley.com/2026/03/20/tri-cities-flipping-market-contracts-in-2025/

February Pending Home Sales Up 3.2%

Pending home sales posted a modest year-over-year increase, signaling continued buyer activity heading into the spring season. The gain points to steady, but measured, momentum rather than a rapid surge in demand.

🔗 Read the full story
https://donfenley.com/2026/03/18/february-pending-home-sales-up-3-2/

U.S. Rents Down, But Not In The Tri-Cities

National rent trends are softening, but the Tri-Cities remains an outlier. Local rent levels continue to hold firm, reflecting ongoing population growth and limited housing supply across the region.

🔗 Read the full story
https://donfenley.com/2026/03/17/u-s-rents-down-but-not-in-the-tri-cities/

Southwest Virginia Households Grow Modestly, Income Levels Rise

Southwest Virginia communities tied to the Tri-Cities economy are seeing modest household growth alongside rising incomes. The shift points to strengthening household balance sheets and long-term demand support across the regional economy.

🔗 Read the full story
https://donfenley.com/2026/03/17/southwest-virginia-households-grow-modestly-income-levels-rise/

Move-Up Listings Post Largest Tri-Cities Housing Inventory Gain

Inventory growth is being led by the move-up market, with the $300,000 to $499,999 segment posting the largest gains. The increase signals improving housing mobility and a gradual easing of the lock-in effect.

🔗 Read the full story
https://donfenley.com/2026/03/16/move-up-listings-surge-to-top-of-tri-cities-housing-inventory/

Most read report from last week:

Tri-Cities posts broad gains as Kingsport, Johnson City lead market activity https://donfenley.com/2026/03/20/tri-cities-posts-broad-gains-as-kingsport-johnson-city-lead-market-activity/

Top five reports based on number of story views in the last 30 days:

Wealth Landscape: Millionaires Reshaping Tri-Cities https://donfenley.com/2025/10/19/wealth-landscape-millionaires-reshaping-tri-cities/

All But One Tri-Cities County Markets Hang On As Seller’s Markets https://donfenley.com/2025/11/02/all-but-one-tri-cities-county-markets-hang-on-as-sellers-markets/

New Home Market Busier, Pricier; Greeneville Bucks Trend https://donfenley.com/2025/10/12/new-home-market-busier-pricier-greeneville-bucks-trend/

Government drives strong Tri-Cities August job growth https://donfenley.com/2026/01/30/washington-co-new-residents-older-wealthier-lifestyle-driven/

Washington Co. New Residents, Older, Wealthier, Lifestyle-Driven https://donfenley.com/2026/01/30/washington-co-new-residents-older-wealthier-lifestyle-driven/

Tri-Cities Needs Newcomers To Prevent Decline https://donfenley.com/2026/01/06/tri-cities-needs-newcomers-to-prevent-decline/

Perfect Storm Batters Tri-Cities Farms https://donfenley.com/2025/12/18/perfect-storm-batters-tri-cities-farms/

Categories: INSIGHTS