Tri-Cities Real Estate Market Update | April 2021

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The real estate market in the Tri-Cities has never been stronger. With the availability of homes still at historic lows, home-sellers have a great opportunity to take advantage of the higher demand. Every metro area in the Tri-Cities – Johnson City, Kingsport, and Bristol, TN/VA – saw an increase in residential home prices of anywhere from $19,000 to almost $40,000 last month. Most notably, Kingsport, TN, had the biggest increase, with the average residential home selling for $38,638 over April of 2020. Prices aren’t the only metric seeing increases: the total number of homes sold in April increased, while the total amount of time on the market decreased significantly. Read more below to found out more.

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About the Author

Vance moved back to the Tri-Cities from Nashville, TN in 2020 where he worked in sales development for a Silicon Valley technology start-up. Before this, Vance worked in retail management for over ten years.

While Vance has lived all over the country, he attended East Tennessee State University for his undergraduate degree in Integrated Marketing Communications. He graduated Magna Cum Laude and with special honors from the College of Business and Technology. Vance went on to pursue his Masters in Digital Marketing from ETSU while working for Target as a store manager in the Knoxville/Chattanooga/Nashville markets.

In his spare time, Vance enjoys traveling (12 countries and counting!), and loves spending time outdoors with his dog, Miles, hiking, biking, kayaking, and camping. He is also an avid motorcyclist and loves spending the weekends riding through the Blue Ridge and Great Smoky mountains.

With his background in sales and customer success, Vance is determined to redefine the customer journey of home buying and selling to ensure that Red Door and its agents are the region's destination for real estate.

Awards & Designations

Google Certified Professional: Analytics & AdWords