Latest news

Feb. home sales flat, prices continue double-digit gains  

By Don Fenley / March 7, 2022

Home sales were flat in February, while the persistent low inventory kept prices in double-digit gain territory. There was one fewer closing than there were on Jan. 2 and nine fewer…

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Jan. home sales down, prices up 17% from last year

By Don Fenley / February 4, 2022

Home sales and prices were down from December’s strong close to the 2021 market. Market performance was less dramatic when compared to January last year.   Closings were down 29.8% from…

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Tri-Cities area home sales up 10.6%, prices up 16.2%

By Don Fenley / January 6, 2022

The benchmark for area home sales and prices moved up a few notches in December. Closings on single-family homes and condominiums were up 10.6% from last year. The median sales…

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November home prices up, sales decline

By Don Fenley / December 6, 2021

Home sales declined for the third straight month in November while prices improved from their October level.   There were 741 closings last month. That’s 66 fewer than October and down 4.3 percent from November last year.…

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October home sales down, prices increase at slower pace

By Don Fenley / November 8, 2021

October home sales were down but not enough to push the market’s year-to-date performance off its double-digit growth track.  There were 807 closings last month. That’s 43 fewer than September and 30 fewer than October last year. So far this year, 7,911 single-family and condo…

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September housing market takes a breather

By Don Fenley / October 6, 2021

The September housing market took another step toward a traditional seasonal pattern in NE Tenn. and SW Va. Monthly home sales and prices declined from August while the average price was substantially higher…

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August home prices surge to an all-time high

By Don Fenley / September 7, 2021

There are signs the local housing market is slowly transitioning to more normal conditions. Demand is ebbing, and inventory is gradually increasing. But that didn’t pull August prices and closings off a record-setting pace.  Prices were at all-time highs. And closings were at an…

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NE Tenn. – SW Va. home prices soften, sales up

By Don Fenley / August 6, 2021

Buyers got a little relief from rising home prices in July while sales entered the second half of the year on the upswing.  “July was a month of second bests,” said Northeast…

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June local home sales, prices up – market transitioning

By Don Fenley / July 6, 2021

June’s home sales were up 6.4 percent from May, and the average sales price was 9.8 percent higher.  “Last month’s housing data – with the exception of prices – also began showing signs that the local…

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Another double-digit increase for home sales, prices

By Don Fenley / June 7, 2021

Home sales and prices continued at a double-digit pace in May despite a slight softening from April’s totals.   “There are some ever-so-slight declines in sales and prices, but the overall market shows no immediate…

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