CORE DATA

Kingsport by the numbers

$4.2 million cash sale tops Tri-Cities area June luxury market

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By DON FENLEY A $4.2 million cash sale in Butler’s Horseshoe Cove was the region’s 36th $1 million plus sale in June. It also tops the luxury home sales category so far this year. The 8,205 sq. ft. five-bedroom home… Read More ›

June home sales in a slump, prices flat 

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BY MICHELLE DAVIS  June temperatures were hot – home sales were not. They were 22.8% off May’s pace and 20% behind this time last year. Prices also declined just enough to flatten the year-over-year trend line. That’s the early market… Read More ›

Pending home sales up 15% on more high-end contracts

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By DON FENLEY Pending sales jumped 15.1% in March on a 113.3% increases in the number of new contracts in the top bracket of the move-up market.   Although demand – as monitored by the number of days a property… Read More ›

January existing home sales and median prices for NE TN and SW VA

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Despite the buzz, the local median home sales price is not around $400,000. Here’s the sales and median sales price data from January. Some of the high prices in the community markets are skewed by luxury home sales. Piney Flats… Read More ›

Condo sales inch up, prices decline

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By DON FENLEY TRI-CITIES, TN – Condos barely held onto a sales upswing in November while prices continued falling from their September peak. According to the Northeast Tennessee Association of Realtors (NETAR), there were 29 sales last month. That’s one… Read More ›

Housing tracker shows a small shift in August sales trend

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By DON FENLEY TRI-CITIES, Tenn. – The TCI Group’s Appalachian Highlands long-range housing tracker moved higher for the first time in three months in August. The tracker monitors existing home sales in monthly 12-month increments. August’s increase is small. It… Read More ›

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