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…

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…

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…

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…

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…

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…

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.…

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…

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…