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Tri-Cities’ hot housing market shows some cracks   

By Don Fenley / September 6, 2022

GRAY, Tenn. – The Tri-Cities area’s red-hot housing market is beginning to show cracks. August sales were down from last year, and the sales price increased. But the trend is…

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Tri-Cities area home prices continue climbing, sales down

By Don Fenley / August 8, 2022

GRAY, Tenn. – July’s Tri-Cities area home sales were down from last year while prices continued their roller-coaster ride. One example of that ride is the Piney Flats average existing…

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 June home prices back off all-time high, sales perk up 

By Don Fenley / July 7, 2022

June’s typical home sale price backed-off May’s all-time high, but not by much. At the same time, closings perked up from the previous month.  “Almost all six-month trend metrics are…

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May home prices hit new highs, sales down  

By Don Fenley / June 7, 2022

Northeast Tennessee’s home sales are slowing, but not prices. They hit new highs last month.   “While it’s inevitable that rising prices will slow down in the coming months, it hasn’t…

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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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