Tri-Cities Real Estate Market Update | June 2021

real estate, home, moving, homesellers

As the summer approaches, the real estate market in the Tri-Cities continues to deliver record-setting numbers. While the total inventory of homes has remained around one and a half months, the selling prices in each of the major metros (Johnson City, Kingsport, Bristol) has increased significantly. Bristol, TN saw the most significant increase in home prices with month-over-month prices jumping $91,642. Kingsport, TN saw the biggest increase in homes sold with a total of 158 residential closings, bringing the year-to-date total to 838 residential closings. For the first time since the pandemic, Johnson City, TN saw a decrease in the total number of residential closings in June. Check out the infographic below for more information.

infographic, real estate, real estate market, tri cities, kingsport, bristol, johnson city

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