Trends

Trends

October 7, 2016
Washington County, VA home sales posted the second largest 2015 year-to-year increase among counties monitored by the Northeast Tennessee Association of Realtors’ Trends Report. Sales closed the year 21% better than they were in 2014 and were better than they were before the recession for the first time. Bristol, VA also had double-digit annual increase. City sales were 16.7% higher than they were in 2014. The performance of the average annual...
October 7, 2016
Sullivan County saw its second largest year-to-year home sales gains in four years in 2015. They were up 9.5%. Sales were also 21.5% better than before the recession. The share of county sales compared to those in the two major city markets in the county decreased in 2015 due to high sales in the cities. Kingsport is in the region’s city market home sales spotlight with the largest year-over-year gain in seven area city markets monitored by the...
October 7, 2016
Erwin/Unicoi home sales were up 16.5% in 2015. It was a strong come back from a 1.8% loss in 2014. Last year’s average price performance was the opposite. After a 20.7% increase in 2104, the average was down 6.6% in 2015. Closings on single-family previously owned county homes compared to 2014 were: 127, up16.5%. Annual average sales prices compared to last year were: $127,494, down 6.6%. Home sales in Erwin/Unicoi have been positive on the year...
October 7, 2016
Carter County was the hot local housing market in 2015; Elizabethton sales up 8.1%.%. It was the only market in the 11-county region monitored by the Northeast Tennessee Association of Realtors’ Trends Report with double-digit year-over-year gains in sales and the annual average price. Last year’s sales were also a whopping 140% better than they were before the recession. Although Elizabethton’s numbers were not as large, the market had  solid...
October 7, 2016
Greene County home sales in 2015 were 3.7% better than they were in 2014. It was also the third straight year sales have been positive and better than they were before the recession. The share of county vs. Greeneville sales also tilted in the county’s favor, which is an indictor the recovery broadened beyond the city limits. Although there were slightly fewer city sales, the average price was better than it was in 2014. Closings on single-...
October 7, 2016
Last month was the strongest January since 2008 for home sales in the 11-county region monitored by the Northeast Tennessee Association of Realtors Trends Report. It was also the ninth straight month of year-to-year gains. “It’s a great way to start a New Year,” said NETAR President Marsha Stowell. “Sales continue making gains and January’s average sales price was up.” Compared to January last year existing home sales were up 26 percent....

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